1948 9Th Ave

The four-unit multifamily property is located blocks from Lake Merritt. It consists of two massive studios (1,100 SF); one 2-bedroom, 1-bathroom apartment; and one 3-bedroom, 1-bathroom apartment, ranging from 900 to 2,300 square feet, plus a detached carriage house. The large 7,500 SF parcel in a superb location offers many options including possible ADU upside. The new owner can either occupy it or rent it at market rate. This is a rare opportunity to purchase an asset which will demand market rents in a fantastic Oakland location.