Description
Back On Market: 4-UNITS. Current Buyer short on cash to close. Live in one & rent out the others. Qualified Buyers ONLY! All units should be vacant in June 2025. Appraisal on file and will be disclosed to qualified Buyers, only. Price may be increased once vacant. This investment is a solid choice for families or investors. A fantastic investment opportunity in a prime location! The Adams Point neighborhood is truly desirable, with its easy access to downtown Oakland, the vibrant Lake Merritt area, freeways, and public transportation. The diverse community and nearby amenities make it even more appealing. 389 Euclid Ave offers a spacious 3-bedroom, 2-bathroom home with a basement for laundry and storage, while 387 Euclid Ave provides three additional rental units, including a 1-bedroom, 1-bath penthouse. These units can also be given access to the basement. The potential for adding an ADU in the backyard is also a great asset. Given Oakland's promising real estate market growth and high demand for rentals in this area makes this an excellent investment opportunity. Also, very conservative numbers were used on the scheduled/possible rents (See info below). If you have any specific questions or need further assistance, feel free to ask!
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6BEDS
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0.14ACRES
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5BATHS
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01/2 BATHS
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3,560SQFT
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$365$/SQFT
School Ratings & Info
Description
Back On Market: 4-UNITS. Current Buyer short on cash to close. Live in one & rent out the others. Qualified Buyers ONLY! All units should be vacant in June 2025. Appraisal on file and will be disclosed to qualified Buyers, only. Price may be increased once vacant. This investment is a solid choice for families or investors. A fantastic investment opportunity in a prime location! The Adams Point neighborhood is truly desirable, with its easy access to downtown Oakland, the vibrant Lake Merritt area, freeways, and public transportation. The diverse community and nearby amenities make it even more appealing. 389 Euclid Ave offers a spacious 3-bedroom, 2-bathroom home with a basement for laundry and storage, while 387 Euclid Ave provides three additional rental units, including a 1-bedroom, 1-bath penthouse. These units can also be given access to the basement. The potential for adding an ADU in the backyard is also a great asset. Given Oakland's promising real estate market growth and high demand for rentals in this area makes this an excellent investment opportunity. Also, very conservative numbers were used on the scheduled/possible rents (See info below). If you have any specific questions or need further assistance, feel free to ask!
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