Date
Details
Price
Change
Source
10/24/2025
Listed
$1,080,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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1/60
$1,080,000 Sale Pending
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Property Description
Perfectly positioned across from iconic Lake Merritt, this classic fourplex blends timeless 1920s charm with thoughtful modern upgrades. Each light-filled unit enjoys lake views, hardwood floors, formal dining room with built-in china cabinets, and spacious walk-in closet. The property has been beautifully maintained with a new roof, new sewer lateral, and updated plumbing. Each junior one-bedroom offers its own appeal: 1501 - Updated, freshly painted, new wall heater 1503 - Updated, refinished hardwood floors, new fixtures 1505 - New stove (not updated) 1507 - Fully remodeled kitchen and bathroom, refinished floors, new paint Two units are currently vacant, both have been renovated-ideal for an owner-occupant or to capture immediate market rents. With its unbeatable Lake Merritt location, vintage character, and key system improvements, this property is a rare opportunity for investors seeking both charm and long-term value.
Full Property Details
Full Property Details for 1501-7 First Ave
General
- Price: $1,080,000
- Status: Pending
- Type: Multi-Family
- Source: MAX
- MLS ID: 41115716
- Updated: 1/9/2026
- Added to Site: 86 day(s) ago
Interior
- Appliances: Gas Water Heater
- Flooring: Hardwood, Linoleum, Vinyl
Exterior
- Exterior Features: Back Yard
Parking
- Parking Features: No Parking on Site
Location
- Area: Listing
- County: Alameda
- Subdivision: Lake Merritt
- Driving Directions: Lakeshore to First
Heating & Cooling
- Cooling Type: No Air Conditioning
- Heating Type: Other
Utilities
- Utility Description: Individual Gas Meter
Structural Information
- Exterior Const.: Stucco
- Roof: Bitumen
- Year Built: 1924
Lot Features
- Lot Size (Acres): 0.06
- Lot Dimensions: 2806
- Lot Features: Corner Lot
- Fencing (Description): Fenced
Financial Considerations
- For Sale: Yes
- Price Per Sq. Ft.: $350
Disclosures and Reports
- Property ID: 2012921
Listed by Eastside West, Melanie Anderson
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Listing agent
— 1501-7 First Ave —
Melanie Anderson
Eastside West
NMLS#: 1598647Get Pre-Approved Today
Price & Sales History for 1501-7 First Ave
Estimate the Cost
Estimate the Cost for 1501-7 First Ave
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- Condo
- Active
- Updated 2 days ago
- 1Bed
- 1Total Bath
Listed by Intero Real Estate Services, Maricruz Salas
- Condo
- Active
- Updated 7 hours ago
- 1Total Bath
Listed by RE/MAX Accord, Christopher Danesi
- Condo
- Active
- Updated 3 days ago
- 1Bed
- 1Total Bath
Listed by Compass, Carlos Ramirez
- Single Family
- Active
- Updated 3 days ago
- 2Beds
- 1Total Bath
Listed by Compass, Julie Gardner and Compass, Sarah Abel
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- Condo
- Active
- Updated 6 days ago
- 1Bed
- 1Total Bath
Listed by eXp Realty of California, Sasha Steinberg
- Condo
- Active
- Updated 2 days ago
- 1Bed
- 1Total Bath
Listed by Exp Realty of California Inc., Natalie Nicora
- Condo
- Active
- Updated 1 day ago
- 1Bed
- 1Total Bath
- 768Sq. Ft.
Listing provided by Vanguard Properties, Janet Attard
- Multi-Family
- Active
Listed by David Valva (CalRE#: 00811437) (510) 851-0282 and Noriko Yasui Higashi (CalRE#: 02064050) (510) 393-3753
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- Single Family
- Closed
- Updated 6 days ago
- 3Beds
- 2Total Baths
Listed by S & R Partners Realty, Rahman Muhammad
Sold by District Homes, Patricia Ann Hylton
Sold by District Homes, Patricia Ann Hylton
- Condo
- Closed
- 2Beds
- 2Total Baths
Listed by The GRUBB Company, Analise Smith-Hinkley and The GRUBB Company, James Centofanti
Sold by Compass, Anthony Kwiecien
Sold by Compass, Anthony Kwiecien
- Duplex
- Closed
Listed by BHG Reliance Partners, Derek Han
Sold by Rise Group Real Estate, Chris Strange
Sold by Rise Group Real Estate, Chris Strange
- Single Family
- Closed
- 4Beds
- 2Total Baths
Listed by BHG Reliance Partners, Derek Han
Sold by Rise Group Real Estate, Chris Strange
Sold by Rise Group Real Estate, Chris Strange
1501-7 First Ave., Oakland, CA 94606 (MLS# 41115716) is a Multi-Family property with units containing 0 bedrooms and 0 full bathrooms. 1501-7 First Ave. is currently listed for $1,080,000 and was received on October 24, 2025. Want to learn more about 1501-7 First Ave.? Do you have questions about finding other Multi-Family real estate for sale in Oakland? You can browse all Oakland real estate or contact a Coldwell Banker agent to request more information.