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Prime multi-unit investment opportunity in Temescal, one of Oakland's hottest neighborhoods. Great opportunity for the strategic investor seeking strong cash flow with upside from future condo sales! The property spans 2,513 square feet and features three 2 Bedroom / 1-bathroom condos. The top two condos have been recently redesigned with modern finishes including SS appliances, luxury vinyl plank flooring, quartz countertops, fresh bathroom designs, in-unit laundry, romex electrical, copper plumbing plus so much more. Two will be delivered vacant - ideal for an owner-occupant looking to live in one unit while generating income from the others, or for a smart investor ready to lease all three for strong cash flow or sell individually when they choose. A spacious shared rear yard offers a sunny space with a patio perfect for entertaining or gardening for the upper two units. The ground floor unit boasts exclusive off-street parking and its own private patio! Turn-key and low maintenance with flexible living options, flexible exit options, a gross rent multiplier at 11.89 and immediate income potential makes this a standout asset in a very high-demand location. 95 Walk/Bike Score. Minutes to BART & steps to Oakland's trendiest restaurants and popular amenities.
Property Type(s):
Residential Income
| Last Updated | 4/20/2026 | Tract | TEMESCAL |
|---|---|---|---|
| Year Built | 1912 | County | Alameda |
Additional Details
| APPLIANCES | Dryer, Gas Water Heater, Washer |
|---|---|
| CONSTRUCTION | Wood Siding |
| EXTERIOR | Garden |
| HEAT | See Remarks, Wall Furnace |
| LOT | 2134 sq ft |
| LOT DESCRIPTION | Garden |
| LOT DIMENSIONS | 2135 |
| PARKING | Other |
| SUBDIVISION | TEMESCAL |
Location
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Listed with Compass
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.
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