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$ 1,150,000
Est. payment | /mo
5,702 Sqft Lot
$ 1,150,000
Est. payment | /mo
5,702 Sqft Lot
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Subdivision Clinton
MLS Listing ID 41128244
HOA Y/N No
Year Built 1957
Lot Size 5,702 Sqft
Property Description
Pleased to present 635 E 15th Street, a 9- unit multifamily property located in Oakland's Clinton neighborhood. The 5,875 square foot building features a unit mix of eight (8) one- bedroom/one-bath units and one (1) two-bedroom/two-bath unit, o?ering strong in-place income with clear value-add potential. Two units will be delivered vacant, providing an immediate opportunity to achieve market rents, while existing rents remain below market, allowing for additional upside through natural turnover and improved management. The property also includes eight on-site garages, three of which are currently vacant, o?ering additional income potential. Investors may also explore the potential to convert garages into ADUs (buyer to verify with the city) to further enhance long-term returns.
Location
State CA
County Alameda
Interior
Heating Wall Furnace
Cooling None
Fireplace No
Appliance Dryer, Washer
Exterior
Roof Type Composition
Total Parking Spaces 8
Building
Lot Description Corner Lot
Others
Tax ID 2013541
Listed by Timothy Warren NAI Northern California #02008347
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PAK Home Realty Admin
License ID: 02199906