Price Reduced Listing
Description
RARE TWO-UNIT SETUP | LIVE IN ONE, RENT THE OTHER!Stop renting and start building equity in Oakland. 950 Loomis Ct delivers a fully vacant, 2-unit layout designed to help offset your monthly housing costs. THE LAYOUT:Main Level: Bright and spacious 2-Bed / 1-Bath home featuring original hard surface floors, a cozy brick fireplace, abundant natural light, and a private outdoor yard. Upper Level: Legally permitted, fully independent 1-Bed / 1-Bath ADU with its own private entranceperfect for supplemental rental income, extended family, or guest quarters. WHY THIS HOME WORKS:Mortgage Helper: Collect market rent from the ADU to offset a significant portion of your monthly mortgage payment. Move-In Ready: Freshly prepared, 100% vacant, and ready for immediate occupancy or dual-income tenants on Day 1.Convenience: Off-street parking, private backyard space, and quick access to Lake Merritt, I-880, and BART.Flexible financing accepted: Conventional, FHA, & 1031 Exchange. Don't miss this incredible opportunity!
Details
| MLS # | 41139654 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Active |
| Year | 1912 |
| Days On Site | 59 |
| Listing Provided By | Garin Real Estate | Yovany Acosta |
Features
| Bed(s) | 3 |
|---|---|
| Bath(s) | 2 Total |
| SQ Feet | 1,694 |
| Story(s) | 2 |
| Acreage | 0.05 |
Interior
| Cooling | None |
|---|---|
| Heating | Floor Furnace, Wall Furnace |
| Heating Yes / No | Yes |
| Cooling Yes / No | Yes |
| Fireplace Yes / No | Yes |
Exterior
| Construction Materials | Wood Siding |
|---|---|
| Lot Features | Back Yard |
Parking
| Attached Garage Yes / No | No |
|---|---|
| Parking Features | Off Street |
| Garage Yes / No | No |
Area Information
| State | CA |
|---|---|
| County | Alameda |
| City | Oakland |
| Zip Code | 94606 |
| Community Name | LAKE MERRITT |
| Listing VS Median (in LAKE MERRITT) | |
Price: $450,000 low | high Med: $0 On site: 59 low | high Med: | |
Market Activity 94606
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Learn More About This Property
| State | CA |
|---|---|
| County | Alameda |
| City | Oakland |
| Zip Code | 94606 |
| Community Name | LAKE MERRITT |
| Listing VS Median (in LAKE MERRITT) | |
Price: $450,000 low | high Med: $0 On site: 59 low | high Med: | |