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To schedule an Open House or to request more information about this property, call Walla Walla Sotheby's Realty at 7602374092...

Rare opportunity to acquire a fully occupied 5-unit apartment building in the heart of North Oakland. Located near the Temescal District, MacArthur BART, Berkeley, and Emeryville, this well-maintained property offers strong in-place income and long-term investment potential. The property features remodeled units, a newer roof, fresh exterior paint, and tenant-paid PG&E, helping reduce operating expenses. Electric water heaters further improve efficiency. The unit mix consists of four 1-bedroom/1-bath units and one spacious 2-bedroom/1-bath unit, totaling approximately 3,420 square feet. Conveniently located near major transportation corridors, shopping, dining, and employment centers, this property is ideal for investors, owner-operators, and 1031 exchange buyers seeking stable cash flow in one of Oakland's strongest rental markets. Property to be sold in its present AS-IS condition. Buyer to independently verify all property information, including square footage, unit count, income, expenses, permits, and zoning.

Two homes on one Lot. Great location downtown. Walk to everything, Banks, Shopping, Restaurants, bowling. Both homes need work. Location - Location - Location

Exceptional Investment Opportunity in the Heart of Santa Ana – Fully Remodeled Vacant Duplex with Approved ADU Plans! Welcome to this beautifully renovated and completely vacant duplex in the heart of Santa Ana, offering an incredible opportunity for investors and owner-occupants alike. This turnkey property features two fully remodeled units, each offering approximately 520 square feet of living space with 1 bedroom, 1 bathroom, a full kitchen, and a dedicated laundry area. No expense was spared in the renovations. Both units showcase brand-new luxury vinyl flooring, stylish tile flooring in the bathrooms, brand-new kitchen cabinetry, new appliances including refrigerators, fresh interior and exterior paint, all-new stucco work, brand-new dual-pane windows, and energy-efficient mini-split air conditioning systems. Every detail has been thoughtfully completed, making these units move-in ready and positioned to command top market rents immediately. The opportunity doesn't stop there. The property comes with fully approved plans to convert the existing garage into an approximately 406-square-foot, 1-bedroom, 1-bathroom ADU. Once completed, this will transform the property into a highly desirable three-unit income-producing asset with significant upside potential and increased cash flow. Located in a prime Santa Ana location close to shopping, dining, schools, and major freeways, this is a rare chance to acquire a turnkey multi-family property with built-in expansion potential and immediate income opportunities.

Don't miss this opportunity! Located in the prime R4 zone in the heart of Los Angeles, this Two-unit income-generating property is ideal for rental or development. Situated at 214 N. Alvarado St, this property offers exceptional versatility and long-term investment value. ample parking, this property boasts tremendous potential. This is a top-tier investment opportunity guaranteeing stable and high rental income. This location offers excellent access to shopping, restaurants, and entertainment facilities, as well as to downtown Los Angeles, Echo Park, Silver Lake, and the Mid-Wilshire area.

UPDATE - 2 UNITS WILL BE DELIVERED VACANT - PRICE REDUCTION!!! Opportunity-rich multi-unit property in the heart of South Los Angeles. Built in 1922 and situated on a 5,401 sq ft lot, this property is legally a duplex per public records, yet functions as a three-unit configuration, offering compelling income and value-add potential. The improvements total approximately 1,933 sq ft and include two 1-bedroom/1-bath units (one currently vacant) and one 2-bedroom/1-bath unit. The additional 1-bedroom unit was constructed in the 1950s and is not permitted, providing a potential pathway for future buyers to explore legalization, reconfiguration, or redevelopment options, subject to buyer investigation. Zoned LAR3, the property offers flexibility for long-term investors, owner-users, or developers seeking density and upside in a transit-connected urban corridor. The layout allows for strong unit separation, functional floor plans, and outdoor space, while the vacant unit presents immediate upside through renovation or repositioning. The neighborhood continues to experience steady reinvestment and infrastructure momentum. Residents enjoy convenient access to local retail corridors along Broadway, Vermont, and Florence, with grocery stores, restaurants, and everyday services nearby. Green spaces and community amenities include nearby neighborhood parks, recreation centers, and local libraries serving the South LA community. Proximity to major north-south and east-west arterials supports efficient commuting to Downtown Los Angeles, USC, Inglewood, and the Westside. With LAR3 zoning, a deep lot, and an established multi-unit footprint, this property presents multiple future-use scenarios: hold and improve, pursue unit legalization (buyer to verify), reconfigure layouts, or explore higher-density redevelopment consistent with zoning and city guidelines. A compelling opportunity for investors seeking cash flow today with long-term appreciation and redevelopment potential in one of Los Angeles' evolving infill markets.

This 1,712 sq ft duplex features two 1 bedroom, 1 bathroom units and presents exceptional upside for investors, developers, or owner users looking to create value in one of Los Angeles' most sought after neighborhoods. One unit has been taken down to the studs, offering a blank canvas to redesign and modernize to today's standards. The second unit is currently occupied. Situated in a prime Echo Park location, the property benefits from strong rental demand, proximity to local hotspots, parks, cafes, and convenient access to Downtown Los Angeles and surrounding neighborhoods. With the right vision, this duplex offers the potential for significant appreciation and long term cash flow.Whether you are looking to restore, reimagine, or hold as a strategic investment, this is a rare chance to secure a value add property in a high demand rental market.

Fully vacant duplex in Oakland's sought-after Bushrod neighborhood featuring a 2BD unit and a 1BD unit - ideal for owner-occupant or investment. Both units offer modern updates and bright, comfortable living spaces. The backyard is a urban retreat with mature landscaping, raised planter beds, a chicken coop, and a detached shed that is perfect for storage, a workshop, or creative space. Conveniently located near neighborhood shops, Temescal, parks, and transit. This is a flexible opportunity with immediate income potential in desirable North Oakland.

Fully occupied 4-unit investment opportunity in the heart of Compton. This income-producing quadplex features four spacious units, each with 2 bedrooms, 1 bathroom, and functional layouts. The building and grounds were updated within the last year with new exterior paint, refreshed landscaping, and a privacy fence with a motorized gate that provides access to the covered & uncovered parking spaces at the back. The property also includes 5 newly installed exterior security cameras. Conveniently located near the 110, 710, 91, and 105 freeways and close to shopping, dining, and everyday amenities. Just minutes from Compton City Hall and the new $225MM Compton High School High Tech Rebuild, this property offers strong rental potential and long term upside for investors.