1422 83Rd Avenue

Description

Discover a compelling investment opportunity at 1422 83rd Avenue in Oakland. This three-unit property offers significant upside potential for savvy investors. The building features two one-bedroom, one-bathroom units and one two-bedroom, one-bathroom unit, providing diverse rental income streams. A standout feature is the detached two-car garage with a loft, offering a prime opportunity for conversion into a large ADU, unlocking additional rental income potential. Recent upgrades, including new windows, enhance the property’s appeal and reduce maintenance costs. Situated in a location poised for growth, this property combines immediate cash flow with long-term value-add opportunities, making it an attractive addition to any portfolio. Don’t miss the chance to maximize returns with this versatile and high-potential asset.

Listing information courtesy of: Nolan Jones, KELLER WILLIAMS TRI VALLEY REALTY 510-867-4806. *Based on information from the Association of REALTORS/Multiple Listing as of 01/09/2025 and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. 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.