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!
Mls | 41071956 |
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Listing Type | For Sale |
Style | Attachd |
Subtype | Resale |
Status | Active |
Year | 1915 |
Days On Site | 97 |
Listing Provided By | KELLER WILLIAMS TRI VALLEY REALTY 925-397-4200 | Nolan Jones |
Units | 8 |
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Acreage | 0.19 |
State | CA |
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County | Alameda |
City | Oakland |
Zip Code | 94602 |
Listing VS Median (in 94602) | |
Price: $995,000 low | high Med: $774,000 On Site: 97 low | high Med: 84.500000 |