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.
| MLS # | 41096782 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Pending |
| Year | 1915 |
| Days On Site | 481 |
| Listing Provided By | KELLER WILLIAMS TRI VALLEY REALTY | Nolan Jones |
| Units | 8 |
|---|---|
| Acreage | 0.19 |
| Heating | Wall Furnace |
|---|---|
| Heating Yes / No | Yes |
| Cooling Yes / No | No |
| Roof | Shingle |
|---|---|
| Lot Features | Back Yard |
| Parking Features | On Street |
|---|
| Sewer | Public Sewer |
|---|
| State | CA |
|---|---|
| County | Alameda |
| City | Oakland |
| Zip Code | 94602 |
| Community Name | E OAKLAND |
| State | CA |
|---|---|
| County | Alameda |
| City | Oakland |
| Zip Code | 94602 |
| Community Name | E OAKLAND |
![]() | $1,199,0003002 Bona StreetOakland, CA 94601 |
![]() | $2,000,0002858 Brookdale AveOakland, CA 94602 |
![]() | $1,050,0003016 Brookdale AveOakland, CA 94602 |