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Listed by Nolan Jones • KELLER WILLIAMS TRI VALLEY REALTY
$995,000
Est. payment /mo
3,001 SqFt
Active
2883 Brookdale AVE Oakland, CA 94602
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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 EB41096782
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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