|
Exceptional investment opportunity in the heart of Oakland. This upgraded four-unit property has undergone over one hundred fifty thousand dollars in renovations, making it a turnkey asset with incredible upside potential. The property includes a triplex with three spacious two-bedroom, one-bathroom units, plus a separate single-family home on the same lot featuring three bedrooms and one bathroom. That's four income-generating units on one parcel, perfectly positioned for long-term appreciation and rental growth. Recent improvements include updated wood flooring and kitchens, brand-new dual-pane windows, a newly poured foundation for the house, fresh exterior paint, and a repaired sewer lateral. The basement in the single-family home has been deepened to increase ceiling height, creating additional functional space and comfort. Located in a federally designated Opportunity Zone, this property offers significant tax advantages for investors looking to grow wealth while reducing liability. With current rents offering room for improvement, this is an ideal asset for buy-and-hold investors or value-add specialists seeking multiple income streams. Properties of this quality, price and potential rarely come to market.
Last Updated | 8/11/2025 | Tract | E OAKLAND |
---|---|---|---|
Year Built | 1947 | County | Alameda |
Additional Details
APPLIANCES | Gas Water Heater |
---|---|
CONSTRUCTION | Brick, Stucco |
HEAT | Wall Furnace |
LOT | 6499 sq ft |
PARKING | Carport |
SUBDIVISION | E OAKLAND |
Location
Contact us about this Property
/ | |
We respect your online privacy and will never spam you. By submitting this form with your telephone number you are consenting for Carie Webber to contact you even if your name is on a Federal or State "Do not call List". |
The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CSMAR and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
This IDX solution is (c) Diverse Solutions 2025.