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5708 Los Angeles Street

Oakland CA 94608

3000 sq. ft.
4000 sq. ft.
Duplex
Currently for sale - view listing

Overview

Welcome to this incredible investment opportunity in the sought-after NOBE neighborhood. This vacant 4-plex is a blank canvas just waiting for its next owner to transform it into a lucrative income-generating property. With approved plans to modify the units and a team of experts ready to assist, this property is a dream come true for any savvy investor. Currently, each unit consists of 1 bedroom and 1 bathroom, but the current owner has already obtained approval to increase the size of each unit to 2 bedrooms and 1 bathroom. All four units have been demolished down to the studs, providing a perfect starting point for the renovation process. The renowned design company Ayla has collaborated on the interior style and finishes for each unit, ensuring a modern and stylish living space. With their expertise, you can rest assured that the final result will be nothing short of extraordinary. Don't miss out on this incredible opportunity to own a profitable 4-plex in the desirable NOBE neighborhood. With the potential for increased rental income and a team of experts already in place, this property is a wise investment choice. Act now and seize the chance to create a thriving income stream while enjoying the vibrant lifestyle that Oakland has to offer.

Features

3000 sq. ft. floor area
4000 sq. ft. lot size
Duplex

Property history for 5708 Los Angeles Street

2023
Sold
$765,000
12 Apr 2023 by Ruben Martinez, of Fiduciary Real Estate Services

Happy sellers in Oakland

90%
90% of sellers in Oakland reported that their sale price either exceeded or met their price expectations.

Oakland stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 10 reviews in Oakland over the last 12 months.

Local market activity for duplexes in Oakland

In the last 12 months, 28 duplexes similar to 5708 Los Angeles Street, have been sold.

This represents a 47% decrease in duplexes sales when compared to the previous 12 months.

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