Excellent 1 bedroom with loft, renovated
This property was a target of mine starting about five to ten years ago. It’s a unique 1920’s style three story building right across the street from Alta Bates Medical Center in Oakland on Telegraph Ave.
Coved living room with dark wood stain
When I first saw the interior lofts it caught my eye and I knew there was something special about the property. It’s been about a year since I purchased the building and have renovated nearly all the units. Rents have gone up over 25% in less than a year.
This building was shown to many investors but nobody really saw the potential like I did. In fact I ran this opportunity buy a few of my investor friends and everybody balked at the building. But eventually I found the right partners and took down this excellent 9-Unit property for $670k. It’s worth nearly $900 now just one year later.
Professional steel staircase provides access to sleeping loft
Filed under Preview properties, Property Management · Tagged with temescal, 1bed room, oakland north, rent, showing, tenant, open house
