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410 Merritt Avenue, 
Oakland, CA 94610

$2,244,000


13

Beds


Bath


9,992

Sq Ft


Multi-Family

Active

Listed by

Keith Manson

Zach W Greenwood

Cushman & Wakefield

Last updated:

September 22, 2025, 05:42 PM

MLS#

425074010

Source:

CABCREIS

About This Home

410 Merritt Avenue

We are pleased to offer for sale 410 Merritt Avenue, an 11-unit multifamily investment opportunity in Oakland's highly desirable Cleveland Heights neighborhood. The property is ideally suited for a value-add strategy, combining strong in-place fundamentals with meaningful near-term potential to drive rental income growth. The unit mix is both spacious and efficient, featuring three 2-bedroom units averaging 945 sf, seven 1-bedroom units averaging 711 sf, and one 320 sf studio. Each 1- and 2-bedroom unit includes a dining nook that can be converted into an additional bedroom through a cost-effective process, creating the opportunity to increase density and further enhance revenue. The property also features 8 single-car garages with room to park an additional vehicle in front of each garage. Upon stabilization, the property is projected to achieve an attractive 8.83% cap rate, highlighting the compelling investment returns available to an active operator. The building was constructed with a concrete podium that exempts it from Oakland's mandatory soft story retrofit program, reducing exposure to costly seismic upgrades.

Home Facts

Multi-Family

13 Bedrooms

Built in 1950

Price Summary

2,244,000

$224 per Sq. Ft.

MLS #:

425074010

Last Updated:

September 22, 2025, 05:42 PM

Added:

10 day(s) ago


Rooms & Interior

Bedrooms

Total Bedrooms:

13

Interior

Living Area:

9,992 Sq. Ft.


Structure

Structure

Building Area:

9,992 Sq. Ft.

Year Built:

1950


Lot

Lot Size (Sq. Ft):

5,937


Finances & Disclosures

Finances

Price:

$2,244,000

Price per Sq. Ft:

$224 per Sq. Ft.

Source:CABCREIS
The information being provided by San Francisco Association of REALTORS is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the San Francisco Association of REALTORS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, including but not limited to open house information, square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by San Francisco Association of REALTORS and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited.

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