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$995,000
Est. payment /mo
4 Beds
3,001 SqFt
UPDATED:
09/11/2024 08:27 AM
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 3,001 sqft
Price per Sqft $331
MLS Listing ID 41071956
Bedrooms 4
HOA Y/N No
Year Built 1915
Lot Size 8,241 Sqft
Acres 0.19
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. Seller Financing Available!
Location
State CA
County Alameda
Area Listing
Rooms
Basement None
Interior
Heating Natural Gas
Cooling No Air Conditioning
Flooring Partial Carpeting
Fireplace No
Building
Lot Description None
New Construction No
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Listed by Nolan Jones • KELLER WILLIAMS TRI VALLEY REALTY
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Parisa Samimi
Founder & Real Estate Broker | License ID: 01858122
Founder & Real Estate Broker License ID: 01858122