950 Loomis Ct, Oakland, CA 94606

$499,999
3
BD
2
BA
1,694
SqFt

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List Price
$499,999
Status
ACTIVE
MLS#
41139654
Price Change
▼ $25,001 1784327028
Year Built
1912
Property Type
Detached
Bedrooms
3
Bathrooms
2
Full Bathrooms
2
Living Area
1,694
Lot Size
2,125
Acres
0.05
County
Alameda
Subdivision
Lake Merritt

Property Description

RARE SUB-$500K TWO-UNIT SETUP | LIVE IN ONE, RENT THE OTHER! Stop renting and build equity in Oakland! 950 Loomis Ct delivers a fully vacant, turn-key 2-unit layout designed to drastically slash your monthly housing costs. THE LAYOUT: Main Level: Bright & spacious 2-Bed / 1-Bath home featuring original hard surface floors, cozy brick fireplace, flooded with natural light, and private outdoor yard. Upper Level: Legally permitted, fully independent 1-Bed / 1-Bath ADU with its own private entrance—perfect for supplemental rental income, extended family, or guest quarters. WHY THIS HOME WORKS: Mortgage Helper: Collect market rent upstairs to offset a massive portion of your monthly mortgage payment. Move-In Ready: Freshly prepared, 100% vacant, and ready for immediate occupancy or dual-income tenants on Day 1. Convenience: Off-street parking, private backyard space, and quick access to Lake Merritt, I-880, and BART. Priced to sell at $499,999 ($295/sq ft). Flexible financing accepted: Conventional, FHA, VA, & 1031 Exchange.

Additional Information

Style
Bungalow
Stories
2
Appliances
Gas Range, Refrigerator
Exterior
Wood Siding
Fireplace
Yes
Fireplace Features
Brick
Flooring
Hardwood, Vinyl, Carpet
Kitchen Features
Disposal, Gas Range/Cooktop, Refrigerator
Laundry Features
Hookups Only
Lot Description
Back Yard
Total Number of Rooms
10
Parking Features
Off Street
Pool Type
None
Roof
Shingle
Water Sewer
Public

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Calculator source: Real Geeks

Listing courtesy of Yovany Acosta from Garin Real Estate. 650-619-3219

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