Originally constructed in 1912, 1455 1st Avenue is an 18-unit apartment building situated in a prime location in the East Lake/Merritt neighborhood of Oakland. This well-maintained property offers the right investor an opportunity to take a charming building in an A+ location to the next level. The Morakot Apartments boast a unit mix of six (6) Studios, six (6) Large Studios, and six (6) 1 bedroom apartments. The large units feature new carpet and hardwood floors, lots of natural light, and opportunity for higher occupancy levels. The unique unit mix ensures reliable turnover, twelve of the eighteen units have been renovated in the last 12 years.