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Image 1 - 1608 Myrtle Street, Oakland, CA 94617, USA - House for sale
Image 2 - 1608 Myrtle Street, Oakland, CA 94617, USA - House for sale
Image 3 - 1608 Myrtle Street, Oakland, CA 94617, USA - House for sale
Image 4 - 1608 Myrtle Street, Oakland, CA 94617, USA - House for sale
Image 5 - 1608 Myrtle Street, Oakland, CA 94617, USA - House for sale
Image 6 - 1608 Myrtle Street, Oakland, CA 94617, USA - House for sale
Image 7 - 1608 Myrtle Street, Oakland, CA 94617, USA - House for sale
Image 8 - 1608 Myrtle Street, Oakland, CA 94617, USA - House for sale
Home For Sale In Oakland, California
1608 Myrtle Street, Oakland, CA 94617, USA

Home For Sale In Oakland, California

house for sale
Listed: 04/29/24

1608 Myrtle Street, Oakland, CA 94617, USA

10 Bed:
Save
Price
$ 995,000

About This House

Welcome to an outstanding investment opportunity: a lucrative 6-unit property consisting of two structures, strategically situated in the Oak Center neighborhood of West Oakland. Positioned on a corner lot, this property boasts impressive performance with a CAP rate exceeding 8.5%. Each unit is equipped with individual PGandE meters, offering convenience and efficiency for both landlord and tenants. Noteworthy is the exemption from soft-story retrofit requirements and the sewer lateral compliance in accordance with the City of Oakland's regulations.

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West Oakland Housing & Living

Household Income

Median household income: $76,469
Number of households: 165,590
The average household income in Oakland, CA grew from $70,577 to $76,469 in the past year. This data is an estimate based upon 165,590 households in Oakland, CA.
The chart below presents how household income is distributed in Oakland, CA in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $3k+
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Oakland, CA compared to median property taxes around the country. The prevalent amount of property taxes in Oakland, CA equals $3k+ , which is more than the national average.