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$ 995,000
Est. payment | /mo
8,241 Sqft Lot
$ 995,000
Est. payment | /mo
8,241 Sqft Lot
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID 41096782
HOA Y/N No
Year Built 1915
Lot Size 8,241 Sqft
Property Sub-Type Quadruplex
Property Description
This eight-unit property at 2883 Brookdale Avenue in Oakland offers a prime value-add opportunity for investors. The unit mix includes one two-bedroom, two-bathroom unit; four two-bedroom, one-bathroom units; one one-bedroom unit; and three studio units, with four of the units being non-conforming. This unique configuration provides flexibility for potential reconfiguration or legalization, unlocking significant upside potential. Located in a desirable Oakland neighborhood, the property benefits from strong rental demand and proximity to major amenities and transportation. The ample off-street parking is a valuable feature, enhancing tenant convenience and appeal. With some strategic renovations and adjustments, this property has the potential to command higher rents and increase overall returns. This is a rare opportunity to invest in a property with both immediate cash flow and long-term growth potential in a thriving market. Don't miss out on the chance to add this promising asset to your portfolio.
Location
State CA
County Alameda
Interior
Heating Wall Furnace
Flooring Wood
Fireplace No
Exterior
Parking Features On Street
Roof Type Shingle
Total Parking Spaces 8
Building
Lot Description Back Yard
Sewer Public Sewer
Others
Tax ID 2785358
Listed by Nolan Jones • KELLER WILLIAMS TRI VALLEY REALTY