🔥BIG Profit Flip $500k+ Gross Profit Potential in Oakland 🏠

Alameda County, Oakland, CA, 94605
Sold
Listed at: September 13th, 2024
Price
$400,000
ARV
$900,000
Gross Margin
$500,000
Sq. Footage
2062
Type
Single-Family
Parking
Attached Garage
Year build
1952
Lot size
0.12 acres
Bedrooms
4
Bathrooms
1
Half Bathrooms
1
Summary

Great flip or buy & hold opportunity in quiet family-friendly neighborhood! Needs $100K- 120K of rehab depending on your scope of work. 

 

Property Details:

• Single Family:  3bed, 2bath, 1,232sqft, 1969 year build

  Renovate comps as high as $900k

• vacant by appointment only, showing on 9/18 or 9/19 next week

• Metal roof, 5 years old

• The owner split the home into multi-units without permits which have resulted in numerous code violations
Photos are only of the downstairs that is a 2/1. Kitchen was added unpermitted and it was rented.
There is also a studio apartment located below the detached garage and the two car garage was also divided into rooms where there were people living there as well.
No photos of the upstairs, but it is a disaster. Owner lived with 20+ cats.
Unsure of age of major parts, would expect to replace them all

One tenant living there paying rent on time. 

 

Contact Information:

• Please Message our Dispo Manager (Nick Mason), (804) 385 8303

 

Additional Disclosure:

• Property Is being Sold AS-IS

• $12,000 NON- Refundable EMD Required, If Title is not clear, buyer will be refunded

• Photocopy & Proof of Funds Required, before Scheduling Walkthroughs

• Buyer will pay All closing Cost + Both Sides of Transfer Tax

• Real Estate Agents & Wholesalers Are Welcome, Please Add you Fee/ Commission on top of Asking Price

Street View
Location
current deal
comparables
#2
available
$123k
sold
$99k
Bedrooms
Bathrooms
Sq. footage
Deals nearby
Available
Sold
Contact

Nick Mason

No reviews

Disposition manager