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$1,050,000
Est. payment /mo
7,501 Sqft Lot
UPDATED:
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Subdivision Temescal
MLS Listing ID 41131540
HOA Y/N No
Year Built 1912
Lot Size 7,501 Sqft
Property Description
This five-unit multifamily investment opportunity is located in the vibrant Temescal neighborhood of Oakland. Known as one of Oakland's most desirable areas, the Temescal district features a lively mix of popular restaurants, cafes, and boutique retail along an energetic streetscape. The property sits on a generous 7,500 SF lot and consists of two separate buildings. The front building, located along Telegraph Avenue, includes four 1-bedroom, 1-bathroom units, with two units on the ground floor and two on the second level. The rear building will be delivered vacant, presenting a unique opportunity for owner-occupancy or lease-up. Fully renovated in 2014, it offers excellent flexibility. The upper level features a 2-bedroom, 2-bathroom unit. The lower level is nonconforming, with additional rooms, a bathroom, and a separate storage/utility area. This spacious lower flex area has potential for a variety of uses. This is a rare opportunity to acquire a well-located asset with upside potential in one of Oakland's most sought-after neighborhoods. Buyers are advised to conduct their own due diligence with the City of Oakland regarding possible improvements and use.
Location
State CA
County Alameda
Interior
Heating Natural Gas, Wall Furnace
Cooling None
Fireplace No
Exterior
Roof Type Shingle
Total Parking Spaces 3
Building
Lot Description Street Level
Others
Tax ID 14122523
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Listed by Stephanie Christmas KW Advisors East Bay #01308253
NEARBY SCHOOL & BUSINESS
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