2-Units | Oak Center

Nestled in the vibrant heart of the Bay Area, Oakland beckons with a blend of rich cultural heritage, thriving business opportunities, and a dynamic real estate market. As seasoned real estate investors, you understand the value of strategic investments, and Oakland offers a plethora of prospects, particularly in the apartment building sector. With its strategic location, diverse population, and booming economy, Oakland stands as a prime destination for those seeking lucrative ventures in the real estate arena. In Oakland, the real estate landscape is ripe with potential, especially in the realm of apartment buildings. The city's strategic location, situated just across the bay from San Francisco, makes it a hotspot for those seeking urban living with a touch of tranquility. As the demand for housing continues to soar in the Bay Area, investing in apartment buildings in Oakland presents a lucrative opportunity to cater to the diverse needs of the local populace, from young professionals to growing families. Furthermore, Oakland's economic resurgence and commitment to revitalization initiatives further underscore its appeal to real estate investors. With a burgeoning tech scene, thriving arts community, and a burgeoning culinary scene, Oakland attracts a diverse array of residents seeking an eclectic urban experience. Investing in apartment buildings here not only promises attractive returns but also aligns with the city's vision for sustainable growth and inclusive development, making it a win-win proposition for savvy investors looking to make their mark in this dynamic market. Scores Walk Score - 93 Transit Score - 82 Bike Score - 82779 17th Street presents a rare opportunity to acquire a thoughtfully updated duplex in the heart of Oakland's coveted Oak Center neighborhood. Comprising two generously sized 2-bedroom/1-bathroom units spanning 2,139 square feet, the property delivers an ideal unit mix for both investors and owner/occupants alike. Updated interiors throughout minimize near-term capital requirements, and with sewer lateral compliance already completed, an incoming buyer can transact with confidence knowing the major due diligence boxes have been checked. For the owner/occupant buyer, 779 17th Street offers a particularly compelling entry point into Oakland real estate. With one vacant 2-bed/1-bath unit ready for immediate occupancy, an owner/user can offset their mortgage by $2,450 per month from day one — building long-term equity in one of the East Bay's most sought-after neighborhoods while significantly reducing their monthly housing costs. For the pure investor, the property offers a low-maintenance, stabilized asset with strong in-place income and long-term appreciation potential in a fundamentally supply-constrained market. Boasting outstanding Walk, Transit, and Bike scores of 93, 82, and 82 respectively, residents enjoy unmatched access to neighborhood amenities, the West Oakland BART station, Downtown Oakland, and major regional freeways. Buyers seeking to further expand their portfolio will find an added incentive in the adjacent 5-unit property at 769 17th Street, also available for sale and eligible for residential financing on the 4 units of record — presenting a rare chance to assemble a contiguous multi-unit portfolio in one of Oakland's most dynamic and desirable neighborhoods.