515 Sycamore Street, OAKLAND

$1,069,000

0 Beds
0 Baths
3,999 Sqft
.09 Acres
0 Garages

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.

Essential Information
MLS® #40842106
Price$1,069,000
Square Footage3,999
Acres0.09
Year Built1901
TypeResidential Income
Sub-TypeFOURPLEX
StatusActive - Contingent
Community Information
Address515 Sycamore Street
AreaOakland Zip Code 94612
CityOAKLAND
CountyAlameda
StateCalifornia
Zip Code94612
Amenities
FeaturesNone
Parking Spaces3
ViewDowntown
Parking

Off Street Parking, Parking Area

Interior
HeatingNo Heat
CoolingNo Air Conditioning
Exterior
ExteriorWood Siding
Lot DescriptionNone
RoofComposition Shingles
Additional Information
Date ListedOctober 11th, 2018
ZoningRU-3
Listing Details
AgentBrent Tarnow
OfficeMinngo

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Listing information last updated on November 19th, 2019 at 10:46am PST.

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