With four units (2, 1BR/1BA and 2, 2+BR/1BA) and 3,901 sq. ft., Oakland’s 283 Park View Terrace is a versatile multifamily property that’s ready for new ownership. Strong existing income, ADU potential, and a central location that’s near Downtown Oakland as well as Lake Merritt make this a smart investment for either the short- or long-term. Exceptional shopping and dining options along nearby Broadway street, Grand avenue, and Lakeshore avenue ensure any vacancies will be both short-lived and filled with desirable new tenants. For those looking to occupy as well as own, know that one of the units (a top-floor, 1BR) will be delivered vacant at close. It bears mentioning that—from a structural standpoint—the foundation, plumbing, and electrical are all relatively new, which means the new owners will not be required to expend additional dollars on costly modernization projects.
|Last Updated||9/16/2021||Year Built||1907|
|Community||Oakland Zip Code 94610||County||Alameda|
|AIR||No Air Conditioning|
|APPLIANCES||Dishwasher, Dryer, Washer|
|AREA||Oakland Zip Code 94610|
|BASEMENT||Separate Entry, Storage Area, Yes|
|CONSTRUCTION||Wood Frame, Wood Siding|
|EXTERIOR||Front Yard, Landscape Front, Sprinklers Front|
|HEAT||Forced Air 1 Zone|
|LOT||5663 sq ft|
|LOT DESCRIPTION||Corner, Front Yard, Landscape Front, Partial Fence|
|PARKING||On Street,Street Parking|
|SEWER||Sewer System - Public|
|WATER||Sewer System - Public|
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