$1,199,000
OPTION TO BE DELIVERED VACANT! Excellent Oakland multifamily opportunity featuring a fourplex plus bonus unit with a desirable unit mix and strong income potential. Unit 1 offers an approximately 1,500 SF 3BR/2BA and presents a great value-add opportunity with cosmetic upgrades. The remaining four units are renovated and move-in ready: Unit 2 is a 2BR/1BA, Unit 3 is a 1BR/1BA, Unit 4 is a 2BR/1BA, plus an additional 1BR/1BA bonus unit converted from the garage. Ideal for investors or owner-occupants looking to house hack, generate rental income, and capture additional upside by improving the spacious 3BR/2BA. Additional features include shared laundry, a shared backyard, newly built storage space and driveway parking. Conveniently located near shopping, dining, public transportation and major commuter routes. With multiple income-producing units, flexible occupancy options and long-term upside, this property offers an excellent Oakland multifamily investment opportunity. Photos are Virtually Enhanced. Offered at $1,199,000.
Listed by Nai Chao with Kinetic Real Estate (650) 753-7169
Property Type
Commercial Sale
Status
Active
MLS Number
ML82058325
Year Built
1966
Lot Size
5,001 sq ft
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