Discover a compelling investment opportunity at 1422 83rd Avenue in Oakland. This three-unit property offers significant upside potential for savvy investors. The building features two one-bedroom, one-bathroom units and one two-bedroom, one-bathroom unit, providing diverse rental income streams. A standout feature is the detached two-car garage with a loft, offering a prime opportunity for conversion into a large ADU, unlocking additional rental income potential. Recent upgrades, including new windows, enhance the property’s appeal and reduce maintenance costs. Situated in a location poised for growth, this property combines immediate cash flow with long-term value-add opportunities, making it an attractive addition to any portfolio. Don’t miss the chance to maximize returns with this versatile and high-potential asset.
Property Details
Price:
$659,000
MLS #:
41081622
Status:
Active
Baths:
0
Address:
1422 83rd Avenue
Type:
Residential Income
Subtype:
Triplex
City:
Oakland
Listed Date:
Jan 6, 2025
State:
CA
ZIP:
94621
Lot Size:
5,280 sqft / 0.12 acres (approx)
Year Built:
1950
See this Listing
Mortgage Calculator
Schools
Interior
Appliances
Gas Water Heater
Flooring
Laminate, Tile
Heating
Wall Furnace
Exterior
Lot Features
Back Yard
Parking Features
Street
Parking Spots
3.00
Roof
Shingle
Financial
Association Fee
0.00
Tenant Pays
Gas
Map
Community
- Address1422 83rd Avenue Oakland CA
- CityOakland
- CountyAlameda
- Zip Code94621
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1422 83rd Avenue
Oakland, CA
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