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 #
EB41071956
MLS Source
Bridge MLS
Days on Site
109
Flooring
Carpet - Partial
Laundry
None
Cooling
Air Conditioning - None
Heating
Gas
Garage/Parking
Off-Street Parking, Garage: Car(s)
Water
Public
Complex Amenities
None
# Buildings | # Leased Units | # Total Units |
---|---|---|
– | – | 8 |
Unit # | Sq Ft | Beds | Baths | Rent |
---|---|---|---|---|
1 | – | 2 | 0/0 | $1,605 |
2 | – | 2 | 0/0 | $2,583 |
3 | – | – | 0/0 | $1,369 |
4 | – | – | 0/0 | $1,297 |
2883 Brookdale Avenue is a Residential Income in Oakland, CA 94602. This 3,001 square foot property sits on a 8,241 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $995,000 and was built in 1915.
This address can also be written as 2883 Brookdale Avenue, Oakland, CA 94602.©2024 Bridge MLS. All rights reserved. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from Bridge MLS.
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This listing information is up-to-date as of September 11, 2024. For the most current information, please contact Nolan Jones, (510) 867-4806