3430 Laurel Ave, Oakland, CA 94602

Property Description

Here’s the deal: Oakland’s 3430 Laurel Avenue is your chance to own a well-maintained income property with strong projected cash flow (approximately $8,900 per month) with room for growth because it sits on a 5,500 sq. ft. lot that features ADU potential. The building itself is split evenly between four, 2BR/1BA units—a floor plan that’s extremely popular with young professionals—and three of the four units are vacant which means the new owners will get to handpick their own tenants and set rents. In addition to all the units being recently updated, 3430 Laurel Avenue also offers a large outdoor common area that tenants are sure to love, as well as individual parking spaces allotted for each unit. Located in the neighborhood of Lower Dimond but above the 580 freeway, this is a property that will appeal to renters for a long time given it’s both commutable and near bars, restaurants, and other lifestyle-focused amenities such as gyms and parks.