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JLee Broker

[email protected] +1(650) 857-1000

Listed by Nolan Jones, DRE #01509417 • KELLER WILLIAMS TRI VALLEY REALTY

$995,000

Est. payment - /mo

3,001 SqFt

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Key Details

Property Type Multi-Family

Sub Type Fourplex

Listing Status Active

Purchase Type For Sale

Square Footage 3,001 sqft

Price per Sqft $331

MLS Listing ID MR41096782

Year Built 1915

Lot Size 8,241 Sqft

Property Sub-Type Fourplex

Source Bridge MLS

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.

Location

State CA

County Alameda

Area Oakland Zip Code 94602

Interior

Heating Wall Furnace

Cooling Air Conditioning - None

Flooring Hardwood

Laundry None

Exterior

Exterior Feature Composition Shingles

Parking Features Off-Street Parking

Garage Spaces 8.0

Roof Type Composition

Building

Sewer Sewer - Public

Others

Tax ID 27-853-58

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Nearby School & Business

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JLee Broker

+1(650) 857-1000

Broker | License ID: 00851314

Broker License ID: 00851314

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2883 Brookdale AVE Oakland, CA 94602

JLee Broker

Key Details

Location

Interior

Exterior

Building

Others

Nearby School & Business

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