283 Park View Ter , Oakland CA

$1,800,000 | $8,295 / Month*

List Agent - Joey Wang
MLS #40966429



Square Feet: 3901
Included: Dryer, Washer, Water Heater Gas, Secured Access, Individual Electric Meter, Individual Gas Meter
Property Features: Front Yard, Sprinklers Front, Landscape Front
Foreclosure: No
Water/Sewer: Sewer System - Public
Basement: Separate Entry, Storage Area
Garage Type: On Street, Street Parking
Interior Features
Square Feet: 3901
Exterior Features
Construction: Wood Frame, Wood Siding
Features: Balcony/Patio, Lawn Sprinkler, Storage Area(s)
Roof: Composition Shingles
Cooling: No Air Conditioning
Heating: Forced Air 1 Zone

With four units (2, 1BR/1BA and 2, 2+BR/1BA) and 3,901 sq. ft., Oakland’s 283 Park View Terrace is a versatile multifamily property that’s ready for new ownership. Strong existing income, ADU potential, and a central location that’s near Downtown Oakland as well as Lake Merritt make this a smart investment for either the short- or long-term. Exceptional shopping and dining options along nearby Broadway street, Grand avenue, and Lakeshore avenue ensure any vacancies will be both short-lived and filled with desirable new tenants. For those looking to occupy as well as own, know that one of the units (a top-floor, 1BR) will be delivered vacant at close. It bears mentioning that—from a structural standpoint—the foundation, plumbing, and electrical are all relatively new, which means the new owners will not be required to expend additional dollars on costly modernization projects.

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