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Stunning 4-unit apartment complex in Ivy Hill behind Lake Merritt consisting of four spacious 2bd/1bth units with excellent rental upside and views. The current owners invested heavily into the building and recent upgrades include fully remodeled units, new stucco, new double pane windows, a new electrical system, custom tile, and much more. Currently there is one vacant unit that's perfect for an owner occupant. The property is separately metered for PG&E, easy to manage, has friendly tenants, and low annual operating expenses. The property sits on an oversized 9,000 square foot lot and offers the possibility to develop. This is a perfect opportunity for an investor or owner-occupant who wants strong current cash flow and huge rental upside.
Listing agent: David Howarth DRE #01360348 david@pinzagroup.com, Listing office: The Pinza Group, Inc
MLS data updated 10/26/2026, 2:35:56 AM PT
Source: CRMLS, MLS #: 40944921
Belmont insights
Compare recorded home prices, same-type ZIP sales and mortgage rates.
May 7, 2021
Prices use the left axis; mortgage rates use the right. Hover, tap, or focus the chart and use the arrow keys. Red SOLD badges mark recorded sales.
This home · nearest recorded event
No recordNo property-price record in this range.ZIP 94606 · Oct 2026
No monthly averageAt least 3 eligible sales in this month are required.30-year fixed mortgage benchmark
No weekly rateNo published rate within 7 days of this date.No recorded sales in this range. Select All available for older records; missing records do not mean the home never sold.
ZIP averages use publicly displayable closed sales from our licensed MLS feed, matched to the same ZIP and exact property type. Months with fewer than 3 sales are omitted; the current month is incomplete. Lines connect available monthly observations across gaps and do not represent measured prices in missing months. These averages are not adjusted for size, condition, or location within the ZIP, and are not an appraisal. Feed coverage may not include every sale. All available shows the available home and ZIP history, with mortgage rates over the same dates.
Mortgage benchmark: Freddie Mac Primary Mortgage Market Survey®. © Freddie Mac. Weekly national 30-year fixed rates, not APRs or a loan quote. Actual terms vary. Methodology changed in November 2022. The chart does not establish that interest-rate changes caused a home’s price changes.
Lines connect recorded asking and sale prices. They are visual guides, not estimates of the home’s value between those dates.
No earlier records were returned by our current sources. This does not mean the home has never sold.
MLS records may be incomplete. Earlier asking prices are not sale prices.