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!
Property Details
Price:
$995,000
MLS #:
41071956
Status:
Active
Baths:
0
Address:
2883 Brookdale Avenue
Type:
Residential Income
Subtype:
Quadruplex
City:
Oakland
Listed Date:
Sep 4, 2024
State:
CA
ZIP:
94602
Lot Size:
8,241 sqft / 0.19 acres (approx)
Year Built:
1915
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Schools
Interior
Flooring
Carpet
Heating
Natural Gas
Exterior
Parking Features
Street
Parking Spots
8.00
Financial
Association Fee
0.00
Tenant Pays
Gas
Map
Community
- Address2883 Brookdale Avenue Oakland CA
- CityOakland
- CountyAlameda
- Zip Code94602
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Courtesy of KELLER WILLIAMS TRI VALLEY REALTY. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than include the name of the listing broker. Neither the listing company nor shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2024. California Regional Multiple Listing Service. All rights reserved.
2883 Brookdale Avenue
Oakland, CA
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