Price Reduced ListingPrime mixed-use investment opportunity in the heart of the Dimond District of Oakland. This well-positioned 8-unit property generates approximately $115,000 in annual income and offers a diverse unit mix, including three studio apartments, two 2 bed/1 bath units, one 3 bed/1 bath apartment, a detached 3 bed/1 bath house, and a restaurant space providing strong commercial exposure. Situated in a vibrant, high-traffic corridor, the property benefits from steady residential demand and established local businesses. The varied unit mix creates multiple income streams and long-term upside potential through rental growth and potential repositioning. Ideal for investors seeking a stable asset in a sought-after neighborhood with a strong community feel, walkability, and convenient access to shops, dining, and transportation. A rare opportunity to own a versatile, income-producing asset in one of Oakland’s most desirable districts.
| MLS # | 41128305 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1919 |
| Days On Site | 151 |
| Listing Provided By | Winkler Real Estate Group | Laura Martell |
| Units | 8 |
|---|---|
| Acreage | 0.16 |
| Cooling | None |
|---|---|
| Heating | See Remarks |
| Heating Yes / No | Yes |
| Cooling Yes / No | Yes |
| Roof | Shingle |
|---|---|
| Construction Materials | Wood Siding |
| Lot Features | Corner Lot |
| State | CA |
|---|---|
| County | Alameda |
| City | Oakland |
| Zip Code | 94602 |
| Community Name | DIMOND DISTRICT |
| Listing VS Median (in DIMOND DISTRICT) | |
Price: $1,388,000 low | high Med: $0 On site: 151 low | high Med: | |
| State | CA |
|---|---|
| County | Alameda |
| City | Oakland |
| Zip Code | 94602 |
| Community Name | DIMOND DISTRICT |
| Listing VS Median (in DIMOND DISTRICT) | |
Price: $1,388,000 low | high Med: $0 On site: 151 low | high Med: | |
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