747 55th St 747 55th St 4 Lot Offre d’immeuble d’habitation à 1 120 998 € à un taux de capitalisation de 5,31 % Oakland, CA 94609

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Open House Schedule
Sunday, July 27, 2025 | 12:00PM - 2:00PM
- Excellent Unit Mix: Two top units feature 2 bedrooms and 1 bath; two bottom units offer 1 bedroom and 1 bath—ideal for a range of tenant profiles or owner-occupancy flexibility.
- Income Producing with Upside: Currently generating over $8,900/month in gross rental income with 10%+ rental income upside
- Two Units Delivered Vacant: A rare opportunity for owner-occupants or investors to immediately lease or move into two freshly vacated units.
- Significant Capital Improvements: Property upgrades include all-new permitted electrical systems, new appliances, updated kitchen and bath tile, extensive plumbing repairs, and upgraded hot water heaters.
- Ample Parking and Storage: Includes 4 off-street parking spaces plus 4 private storage units—a major convenience for tenants and added value for owners.
- Attractive Outdoor Features: Professionally landscaped with new low-water irrigation systems in the front and back, along with a newly poured concrete walkway and sidewalk for enhanced curb appeal.
- Unbeatable Location: Situated near the Berkeley border with quick access to Temescal, Rockridge, Berkeley, Children’s Hospital, BART, AC Transit, and major freeways.
Located at 747 55th St, this classic 1920s fourplex is situated in a highly desirable North Oakland neighborhood, just minutes from Temescal, Rockridge, and the Berkeley border. It's a fantastic opportunity for both owner-occupants and investors, featuring two 1-bedroom/1-bath units and two 2-bedroom/1-bath units. Notably, two units will be delivered vacant, opening up immediate potential for occupancy or rental income. Two of the units have been tastefully renovated with modern upgrades, including updated kitchens and bathrooms, as well as new electrical and plumbing systems. The property also features newly installed low-water landscaping and irrigation in both the front and back yards. A freshly poured concrete walkway and sidewalk enhance the curb appeal. Additional highlights include four off-street parking spaces and four dedicated storage units for tenant and owner use. With close proximity to Children’s Hospital, Elmwood, and easy access to freeways and public transportation, 747 55th St is a smart and versatile investment opportunity.