Discover the perfect investment or owner-occupant opportunity in the heart of Oakland’s sought-after Temescal neighborhood! This classic 1914 multi-family property boasts three legal units and an unwarranted cottage house offering significant upside potential to convert it into a legalized ADU. With three of the four units currently vacant, this property is ready for your vision and creativity to maximize its value and income potential.
Key Features:
* 3 Warranted Units: Spacious, light-filled layouts with vintage charm.
* Bonus Cottage: A converted, unwarranted structure offering a unique opportunity for added rental income or flexible use. With the right touch, it could become a fully permitted ADU.
* Prime Temescal Location: Just steps from popular restaurants, trendy cafes, local grocery stores, and vibrant community spots. Convenient access to public transportation, including BART, makes commuting a breeze.
* Built in 1914: Full of historic charm and character, ready for modern updates.
* Listing Price: $1,198,000 – An exceptional value for such a versatile property in a high-demand area.
This property is perfect for investors looking to capitalize on the strong rental market or owner-occupants seeking income-generating units while living on-site. With its incredible location, flexible floor plan, and untapped ADU potential, 4191-4193 Shafter Ave is a rare find that won’t last long.
Don’t miss out on this opportunity to own a piece of Oakland’s history while building for the future. Schedule your tour today!