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.
Property Details
Price:
$995,000
MLS #:
41096782
Status:
Active
Baths:
0
Address:
2883 Brookdale Avenue
Type:
Residential Income
Subtype:
Quadruplex
City:
Oakland
Listed Date:
May 9, 2025
State:
CA
ZIP:
94602
Lot Size:
8,241 sqft / 0.19 acres (approx)
Year Built:
1915
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Schools
Interior
Flooring
Wood
Heating
Wall Furnace
Exterior
Parking Features
Street
Parking Spots
8.00
Roof
Shingle
Financial
Map
Community
- Address2883 Brookdale Avenue Oakland CA
- CityOakland
- CountyAlameda
- Zip Code94602
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2883 Brookdale Avenue
Oakland, CA
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