515 Sycamore StreetOAKLAND, CA, 94612

$1,149,500 $/Month

MLS #40842106 Active

0.09 Acres 3,999 SQ. Feet

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 Oakland’s 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.

Open House Information

Essential Information

  • MLS® #40842106
  • Price$1,149,500
  • Square Footage3,999
  • Acres0.09
  • Year Built1901
  • TypeResidential Income
  • Sub-TypeFOURPLEX
  • StatusActive

Interior

  • HeatingNo Heat
  • CoolingNo Air Conditioning
  • BasementNone

Community Information

  • Address515 Sycamore Street
  • AreaOakland Zip Code 94612
  • CityOakland Real Estate
  • CountyAlameda
  • StateCA
  • Zip Code

Exterior

  • ExteriorWood Siding
  • Lot DescriptionNone
  • RoofComposition Shingles

Amenities

  • FeaturesNone
  • Parking Spaces3
  • ParkingOff Street Parking, Parking Area
  • ViewDowntown

Additional Information

  • Date ListedOctober 11th, 2018
  • ZoningRU-3

Listing Details

  • Listing AgentBrent Tarnow
  • Listing OfficeMinngo

Property Location

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Properties for Sale Similar to 515 Sycamore Street, OAKLAND, CA

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4,000 SQ. Feet
  • OAKLAND
  • 515 Sycamore Street
  • $1,149,500

OAKLAND, CA

Community Real Estate Details for OAKLAND

Explore OAKLAND, CA

Oakland California is a major hub of activity for the San Francisco Bay Area. Less than ten miles east of San Francisco, Oakland’s central location near the Bay Bridge, proximity to several major East Bay freeways, and convenient public transportation makes for a direct, uncomplicated commute between Oakland and San Francisco or other Bay Area cities.

OAKLAND Real Estate Statistics

  • Total Listings: 482
  • Average price: $721,217
  • Highest Price: $3,495,000
  • Lowest Price: $49,000

Price Change History for 515 Sycamore Street, OAKLAND, CA (MLS® #40842106)

Date Details Price Change
Active
Price Change
Price Reduced (from $1,195,000) $1,149,500 $45,500 (3.81%)
Active
Contingent
Show More (1)

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