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$390,000
1 Beds ⋅ 1 Baths ⋅ 41145245 MLS
Incredible Opportunity! Charming home and City-Approved Plans for Addition and ADU. Unlock massive value and bypass the headache of the permitting process with this unique real estate gem. Perfect for first-time homebuyers, savvy investors, or anyone looking to build equity quickly, this property offers immediate functionality, shovel-ready expansion potential. Step into a cozy, well-proportioned 1/1 bath single-family residence spanning an efficient 576 sq ft. This charming footprint is ideal as a high-yield rental, a minimalist primary residence, or a comfortable place to live while you expand. The true crown jewel of this property is the fully approved city plans for a major expansion. Skip months of waiting, architectural fees, and etc. The approved plans allow for an addition and a brand-new Accessory Dwelling Unit (ADU), adding a second bedroom and a second bathroom across an additional 458 sq ft of living space. Once completed, the property will transform into a highly desirable multi-unit setup or a spacious single-family layout totaling a generous 1,034 sq ft. Whether your goal is to build a private guest house, generate passive income by renting out the ADU, or create a flexible work-from-home sanctuary, the blueprint for your success has already been validated and approved by the city. Opportunities with this level of preparation do not come along often, bring your contractor and realize the full potential of this versatile property today.

2840 22nd Ave, Oakland

Listing courtesy of Darron Tang from GOLDEN WEST REAL ESTATE. 510-915-4771
$5,779,000
41127121 MLS
This very nostalgic 2 story property is located at 3104-3112 & 3130 14th Ave in Oakland California. It has 32,382 rentable square feet, with 29 large apartments. The property was built in 1949, with a concrete perimeter foundation, exterior walls are wood, and the roof is composition shingle. There is laundry on site. 80% of the units have been renovated. All units have separate gas, electric meters and individual hot water heaters minimizing the owner’s expenses. There is 20% upside in the current rents. With 20% upside in rents, this building allows the next owner to increase returns and leverage investment in the hot Oakland market. There are two separate parcels, one is an 8 unit and the other is a 21 unit. The apartment unit mix is 2 Studios, 23 one-bedroom units and 4 two-bedroom units and there are 7 garages attached for parking and 8 covered parking spaces. The quality of the building is maintained with pride. The units are separately metered for gas, electricity and hot water. The units have pleasant views from the entry and living room of upstairs units. The laundry is coin operated for additional income. The building is located across the street from the Highland Hospital complex and about 2 blocks from the west bound ramp to 580. There is a Quik Stop gas & convenience

3104 14th Ave, Oakland

Listing courtesy of Steven Peterson from Infinity Investments. 408-509-0700

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