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.
Details
| MLS # | 41119964 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Pending |
| Year | 1885 |
| Days On Site | 284 |
| Listing Provided By | Jonathan Fleming & Assoc | Jonathan Fleming |
Features
| Units | 5 |
|---|---|
| Acreage | 0.16 |
Interior
| Heating | Wall Furnace |
|---|---|
| Heating Yes / No | Yes |
| Cooling Yes / No | No |
Exterior
| Construction Materials | Wood Siding |
|---|---|
| Lot Features | Front Yard, Street Level |
Area Information
| State | CA |
|---|---|
| County | Alameda |
| City | Oakland |
| Zip Code | 94607 |
| Community Name | WEST OAKLAND |
| Listing VS Median (in WEST OAKLAND) | |
Price: $749,000 low | high Med: $539,900 On site: 284 low | high Med: 240 | |
Market Activity 94607
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Learn More About This Property
| State | CA |
|---|---|
| County | Alameda |
| City | Oakland |
| Zip Code | 94607 |
| Community Name | WEST OAKLAND |
| Listing VS Median (in WEST OAKLAND) | |
Price: $749,000 low | high Med: $539,900 On site: 284 low | high Med: 240 | |