515 Sycamore Street

    Oakland, CA 94612
    • $1,069,000
    • STATUS: Active
    • ON SITE: 251 days
    • ID#: MR40842106
    UPDATED: 206 min ago
    $1,069,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,165
      SQFT
    • $338
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1901
    County:

    School Ratings & Info

    Description

    Property shall be delivered VACANT at close of escrow! Previously used as a 4-unit building, the possibilities for this property are endless. This stately building in the Uptown neighborhood could continue generating income as a fourplex or could quickly be upgraded to a 5-unit per advice of contractor and architect. Current owners have also begun the entitlement process to bring it to its highest and best use - 11 units. Incredible development opportunity in one of Oakland's trendiest neighborhoods. This opportunity can suit anyone. Low down payment financing available for owner-occupiers. Cash-flow property is perfect for investors. Entitlements pave the way for developers. Seller financing would be considered. Come check it out and explore it for yourself. Three of the units have well-designed layouts with oversized bedrooms. The other unit is a newly updated studio. City views from the top floor. Large back yard is ready to be converted into an urban oasis.

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    © 2019 MLSListings Inc. Based on information from MLSListings MLS as of 2019-06-19T23:49:52.873. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. DX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Strock Real Estate.

    Licensed in the State of California.
    www.strockrealestate.com/homes/88404199

    515 Sycamore Street Oakland, CA 94612

    • Price: $1,069,000
    • Status: Active
    • Updated: 206 min ago
    • ID#: MR40842106
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    3,165
    SQFT
    $338
    $/SQFT
    1901
    Built
    Neighborhood:
    Oakland Zip Code 94612
    County:
    Alameda
    Area:
    Oakland Zip Code 94612
    Property Description
    Property shall be delivered VACANT at close of escrow! Previously used as a 4-unit building, the possibilities for this property are endless. This stately building in the Uptown neighborhood could continue generating income as a fourplex or could quickly be upgraded to a 5-unit per advice of contractor and architect. Current owners have also begun the entitlement process to bring it to its highest and best use - 11 units. Incredible development opportunity in one of Oakland's trendiest neighborhoods. This opportunity can suit anyone. Low down payment financing available for owner-occupiers. Cash-flow property is perfect for investors. Entitlements pave the way for developers. Seller financing would be considered. Come check it out and explore it for yourself. Three of the units have well-designed layouts with oversized bedrooms. The other unit is a newly updated studio. City views from the top floor. Large back yard is ready to be converted into an urban oasis.
    Exterior Features

    Building Type Fourplex Exterior Siding - Wood Garage Parking Off-Street ParkingParking Area Roof Composition View Downtown Yard Grounds NoneBack YardDeck

    Interior Features

    Baths Unit1 1.00 Baths Unit2 1.00 Baths Unit3 1.00 Baths Unit4 1.00 Beds Unit1 2 Beds Unit2 2 Beds Unit3 2 Beds Unit4 0 Cooling Air Conditioning - None Flooring HardwoodCarpet - Partial Heating No Heating Laundry Hookup - Washer/Dryer Sq Ft Unit1 1053 Sq Ft Unit2 910 Sq Ft Unit3 910 Sq Ft Unit4 292 Structure Sq Ft 3165

    Property Features

    Additional Listing Info Not Applicable Amenities None City Name Oakland Cross Street Telegraph Ave Hoa Amenities None Lot Size Area Maximum 3999.00 Property Sub Type Fourplex Rent Unit4 1500 Sewer Septic Sewer - Public Sq Ft Source Measured Water Heater - GasPublic Zoning Ru-3

    © 2019 MLSListings Inc. All rights reserved. Listing provided courtesy of Brent Tarnow of Minngo.


    © 2019 MLSListings Inc. Based on information from MLSListings MLS as of 2019-06-19T23:49:52.873. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. DX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Strock Real Estate.

    Licensed in the State of California.
     
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    Aptos CA, 95003