Exceptional value-add investment and development opportunity in Oakland - a rare 5-unit offering on a combined 10,435 sq ft lot with room for 10+ on-site parking spaces. Package includes a 2-bedroom single-family house VACANT at 870 Isabella St plus a 4-unit Victorian building at 874 Isabella St (built 1885), sold together as one assemblage. Two units vacant offering immediate lease-up upside; remaining units occupied by long-term tenants. Oversized combined lot presents strong potential for additional development, ADU addition, or expanded parking/storage income - buyer to independently verify zoning, permitted density, and development feasibility with the City of Oakland. Significant upside through vacancy lease-up and rent optimization, subject to local rent control ordinances. Parcels 870 and 874 are not separable per Alameda County/City of Oakland requirements. Buyer to independently verify unit mix, square footage, rent regulations, and permitted use. A rare opportunity to acquire scale, income, and upside in one Oakland assemblage.
Listing courtesy of Jonathan Fleming, (510) 681-7771 from Jonathan Fleming & Assoc
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