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    2883 Brookdale Ave Oakland, CA 94602

    For Sale
    $995,000

    Eight-unit property with value-add potential in a desirable Oakland neighborhood.

    Lot size:
    0.19 Acres

    Property Features for 2883 Brookdale Ave

    General Information

    Lot size
    0.19 Acres

    Building Details

    Year built
    1915

    Source: KW Advisors Agent Ye Tian

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Oakland Multifamily Investment Opportunity

    Located at 2883 Brookdale Avenue in Oakland, this eight-unit property presents a value-add opportunity for investors. The unit mix includes one two-bedroom, two-bathroom unit; four two-bedroom, one-bathroom units; one one-bedroom unit; and three studio units. Four of the units are non-conforming, offering flexibility for potential reconfiguration or legalization. The property benefits from its location in a desirable Oakland neighborhood, with strong rental demand and proximity to major amenities and transportation. Ample off-street parking enhances tenant convenience. Strategic renovations and adjustments could potentially command higher rents and increase overall returns. This property offers both immediate cash flow and long-term growth potential in a thriving market.
    Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Oakland
    County
    Alameda
    State
    California
    Longitude
    -122.2171707
    Latitude
    37.792516

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    FAQs

    What type of property is this?
    Apartment building - Eight-unit property with value-add potential in a desirable Oakland neighborhood.
    Where is this apartment building located?
    The property is located at 2883 Brookdale Ave Oakland, CA.
    What is the asking price?
    The asking price for this property is $995,000.
    What are key features of this property?
    This property features: - Value-add opportunity with potential for increased rents and returns through strategic renovations.; - Desirable Oakland location with strong rental demand and proximity to amenities and transportation.; - Unique unit mix (1 x 2 bed/2 bath, 4 x 2 bed/1 bath, 1 x 1 bed, 3 x studio) offering flexibility.
    Request Owner's contact information
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    Oakland, CA 94602
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2883 Brookdale Ave Oakland, CA 94602
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