MLS® ID: 40842106

515 Sycamore Street

OAKLAND, California, 94612

$1,069,000 Active
  • 2 Beds
  • 1 Baths
  • 3999 SQFT
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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Listing courtesy of Minngo

Amenities

  • Full baths
    1
  • Full Baths Range
    1 Bath
  • Total Baths
    1
  • Zip
    94612
  • Office name
    Minngo
  • SQFT
    3999
  • Bedrooms
    2
  • Property type
    FOURPLEX
  • Zoning type
    RU-3
  • Year built
    1901
  • Lot size
    0.09
  • Sewer
    Sewer System - Public,Water - Public
  • Heating
    No Heat
  • Agent name
    Brent Tarnow
  • Tax amount
    $ 16133
  • Purchase Type
    Active
  • Price Range
    $1m-$1.25m
  • Square Feet Range
    3500-4000 sq ft.
  • Bedrooms Range
    2.0 Beds
  • Year Built Range
    1989 (and earlier)
  • Office ID
    43637

Location

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