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550 Fairmount Ave, Oakland
$2,295,000
41148486 MLS
550 Fairmount Ave presents the opportunity to acquire a 10-unit apartment community in Grand Lake, one of Oakland's most consistently in-demand rental neighborhoods. The three-story 1963 building comprises six 1BR/1BA and four 2BR/1BA units totaling 6,632 SF on a 6,900 SF lot, set over covered off-street parking with five spaces generating additional income. Eight of the ten units have been updated leaving a clear, low-capital path to completing the program. The investment case pairs dependable in-place revenue with incredible upside: scheduled income of $19,509 per month against market rents of $26,350, an approximately 35% gap rooted in tenancies dating to 2006. At $2,295,000, the offering trades at a 7.0% current CAP and 9.3 GRM, rising to a 10.1% CAP as units turn to market. Steps from the Grand Avenue and Lakeshore retail corridors, the Grand Lake Theatre, and Lake Merritt, with MacArthur BART one mile away and immediate I-580 access, putting downtown Oakland and San Francisco within easy reach. A rare Grand Lake value-add at $229,500 per unit.

550 Fairmount Ave, Oakland

Listing courtesy of Willem Bos from COMPASS. 916-698-9954

33 E Home Place, Oakland
$1,375,000
41133612 MLS
33 Home Place East, a unique five-unit apartment complex in the heart of Oakland’s Ivy Hill Neighborhood. The property features (3) large two-bedroom units and (2) three-bedroom, one-bathroom units. This property also features a 500 sf basement below with full bath for potential ADU in the future (Buyer to do their own research) Situated near the end of a quiet cul-de-sac, tenants are offered security with easy access to the 580 freeway and local shops and restaurants. This day-one cash-flowing property offers rental upside and is strategically positioned to deliver long-term returns through unit remodels and upgrades. The property’s ability to attract premium tenants and maintain a meager vacancy rate provides potential investors security and stability. The property has been seismically retrofitted and is SB-721 compliant.

33 E Home Place, Oakland

Listing courtesy of Willem Bos from COMPASS. 916-698-9954

2525 E 29th St, Oakland
$898,000
41149196 MLS
Bring your tool belt and your vision, this English Cottage property is a rare opportunity for builders, investors, and owner-occupants ready to transform a diamond in the rough into a dream home. The main owners’ unit features 2 bedrooms and 1 bathroom, while a separate 1-bedroom, 1-bathroom second unit/ADU provides flexibility for extended family, rental income, or a future guest space. The property sits on an oversized lot, opening the door to exciting possibilities, including exploring a lot subdivision, additional ADU, expansion, or redevelopment potential subject to city approvals and applicable zoning requirements. With its character-rich architecture, multiple living spaces, and substantial land, this is an opportunity to bring your creativity, craftsmanship, and investment vision to life.

2525 E 29th St, Oakland

Listing courtesy of Chris Hotaki from The Agency. 510-552-1844

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