Fourplex in Oakland - 6.47% cap rate 1718 6th Avenue is a clean four-unit asset in the Clinton neighborhood offered at $795,000, with a pro forma cap rate of 7.83% at market rents. The building totals 2,428 square feet on a 0.09-acre lot and features a uniform mix of four 1BD/1BA apartments, keeping operations simple and occupancy steady. Ownership expenses are minimal. The owner is responsible only for trash, water, and sewer. All four units have separate gas and electric meters with no house meters on the building, meaning all tenant utilities are individually paid. The property sits within walking distance of Lake Merritt, Grand Avenue, and Lakeshore, with quick access to Kaiser Permanente, PG&E headquarters, Jack London Square, and Downtown Oakland. Nearby BART and freeway access to I-580 and I-880 provide straightforward commutes to San Francisco, Berkeley, and Silicon Valley. The vacant unit offers an immediate opportunity to renovate and lease at market rents, generating income growth from day one while the occupied units provide stability. The consistent unit mix and low expense structure make this equally suited to a seasoned investor or an owner-user looking to offset carrying costs with rental income.
The income description goes here to explain
| List Price | $795,000 |
| Property Type | Fourplex (4-units) |
| Usable Sqft | 2,428 |
| Number of Stories | 2 stories |
| Parking Spots | 0 spots |
| Year Built | 1955 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| APN # | 021022001101 |
| MLS # | ML82049153 |
| Property ID | 320760247 |
| Lot Sqft | 3,750 |
| Zoning | Residential Multifamily |
| Days on Market | 27 |
| Original List Price | $795,000 |
| Date Updated | June 05, 2026 |
| Date Created | May 29, 2026 |
Tony Zizzo an agent of Compass. Lic #01962093
© 2026 CRMLS. All rights reserved. Some listings on this website are from CRMLS as of June 05, 2026 The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Robert Crawford
REAL ESTATE AGENT