1501 1st Avenue

Oakland CA 94606

3083 sq. ft.

2806 sq. ft.

Duplex

Last sold for $965,000

Melanie Anderson, last sold this property on 17 February 2026 after 115 days on market.

Overview

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.

Features

3083 sq. ft. floor area

2806 sq. ft. lot size

Duplex

Estimated Value

Based on this property and similar duplexes sold in Oakland over the last 12 months, the estimated median property value of 1501 1st Avenue is $882.5k.

Median value

$882.5k

Estimated value range

$380k - $1.45m

Median days on market

Estimated value trend

decrease over the last 12 months

Average days on market is based on recent, comparable sales in Oakland. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 1501 1st Avenue

2026

Sold

$965,000

17 Feb 2026 by Melanie Anderson, of Eastside West

2021

Sold

$1,178,050

30 Nov 2021 by ANNE BRUFF, of Anne Bruff & Associates

Happy sellers in Oakland

We have insufficient information to provide an overview of customer satisfaction for Oakland. Viewing the agent profiles, reviews and sales for Oakland can provide insights for this location.