2550 Damuth St, Oakland, CA 94602
List Price: $1.2M
Listing Status: Active
Original List Price: $1.25M
0Days on Market: 49
0 Bedrooms · 0 Bathrooms
Property Type: ResidentialIncome
Year Built: 1968
Lot Size: 3,150 sq ft
MLS Number: 41126396
About This Property
OPEN HOUSE; Sunday, April 26th; 2pm to 4pm. HUGE PRICE ADJUSTMENT......This Amazing Opportunity Will Not Last Long! Located at 2550 Damuth Street, this multi-family property presents a compelling opportunity for the owner-occupant buyer looking to combine comfortable living with steady rental income. The building spans 4,003 square feet, spread across multiple units. A dedicated ground-floor owner's unit offers private, convenient living while the remaining units generate $60K annual income to help offset your mortgage each month. For investors, the numbers tell a strong story—multiple revenue-generating units under one roof mean consolidated management and lower per-unit operating costs. With clear renovation potential in the owner's unit, strategic upgrades can significantly boost rental income and overall property value, delivering excellent return on investment. The setting is truly serene. Nestled on a tree-lined street in a peaceful neighborhood renowned for tenant retention, this location is highly desirable to residents that appreciate tranquility without sacrificing accessibility. Daily conveniences include shopping and banking while the majestic redwood trails of Joaquin Miller Park offer an unparalleled outdoor retreat that consistently attracts quality tenants. Effortless connectivity to Highway 13 ensures swift passage throughout the greater Bay Area, adding yet another layer of desirability.
Listing provided by: Athena Stanford DRE #00918230 925-336-3365 1athenastanford@gmail.com, Stanford Realty Group