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Listed by Jonathan Fleming, DRE #01361748 • Jonathan Fleming & Assoc
$ 749,000
Est. payment | /mo
4 Beds
4 Baths
2,861 SqFt
$ 749,000
Est. payment | /mo
4 Beds
4 Baths
2,861 SqFt
Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Pending
Purchase Type For Sale
Square Footage 2,861 sqft
Price per Sqft $261
MLS Listing ID BE41119964
Bedrooms 4
Year Built 1885
Lot Size 6,960 Sqft
Property Sub-Type Fourplex
Source Bay East
Property Description
Exceptional value-add investment and development opportunity in Oakland - a rare 5-unit offering on a combined 10,435 sq ft lot with room for 10+ on-site parking spaces. Package includes a 2-bedroom single-family house VACANT at 870 Isabella St plus a 4-unit Victorian building at 874 Isabella St (built 1885), sold together as one assemblage. Two units vacant offering immediate lease-up upside; remaining units occupied by long-term tenants. Oversized combined lot presents strong potential for additional development, ADU addition, or expanded parking/storage income - buyer to independently verify zoning, permitted density, and development feasibility with the City of Oakland. Significant upside through vacancy lease-up and rent optimization, subject to local rent control ordinances. Parcels 870 and 874 are not separable per Alameda County/City of Oakland requirements. Buyer to independently verify unit mix, square footage, rent regulations, and permitted use. A rare opportunity to acquire scale, income, and upside in one Oakland assemblage.
Location
State CA
County Alameda
Area Oakland Zip Code 94607
Interior
Heating Wall Furnace
Cooling Air Conditioning - None
Flooring Other
Laundry None
Exterior
Parking Features Parking Area
Garage Spaces 10.0
Roof Type Other
Building
Lot Description Grade - Level, Other
Others
Tax ID 3-17-4
Special Listing Condition Not Applicable
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