515 Sycamore Street, Oakland, CA 94612

$1,069,000
List Price
$1,069,000
Status
ACTIVE
MLS#
52177546
Price Change
▼ $80,500 1559190159
Days on Market
158
Lot Size
4,000
Region
Oakland Zip Code 94607
Estimated Age
118

Property Description

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 Oaklands 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.

Additional Information

Taxes
$16,133
Year Built
1901
Acres
0.09
School District
Oakland (510) 879-8111
Cooling
No Air Conditioning
Heating
No Heat

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Ryan Landis from Minngo

© 2019 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website. Date and time last updated: Website provided by: Real Geeks LLC