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1920's North Oakland Duplex
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807 56th St

Oakland, CA 94608

807 56th St, North Oakland - Classic 1920's Duplex

Rare opportunity for investors: Classic 1920's duplex on the corner of MLK Jr Way & 56th. Owner-occupant in default, but has equity, looking for cash offer to close and vacate within 30 days. No reports whatsoever. Foundation appears to be newer, bolted. No record of sewer being replaced. Only one showing date, see details below. Property to be listed on TAN ONLY, not on MLS due to privacy/security concerns for the owner. Offers will be "as they come" after showing date. 2.5% commission to Selling Broker. Property delivered vacant at COE.

Garages - There are three attached garages and three storage spaces on ground level below the units. Only one of these garage spaces and one storage area is available to view. There is visual access to the concrete/bolted foundation from both of these spaces. The detached 8-car garage is made of masonry brick that has eight garage spaces. Some garage doors are not functioning and only a few will be viewable inside. There is one gate to access all eight garages.

Units - Both units are dated but functioning. The first level is vacant with hardwood floors, fireplace, spacious kitchen with breakfast nook and back porch that could accommodate laundry. There is a back staircase connecting the two units with iron security doors. The 2nd-floor unit has not been viewed yet but will be made accessible for limited viewing on the showing date.

Overall property condition is fair. Unsure whether the property will finance. Drive by ok but please do not disturb occupant.

Price: $659,000

Configuration:

Ground Floor: 3 garages + 3 storage areas

1st Floor: 1 bed / 1 bath apartment (Vacant)

2nd Floor: 2 bed / 1 bath apartment w/ laundry (Owner occupied)

Detached Masonry Garage: 8 garages and large, gated driveway

Bed / Bath: 3 total bed / 2 baths

Building Sq Ft: 2,087

Lot Sq Ft: 6156

Year Built: 1923

Total Garages: 11 (3 in building, 8 separate detached)

Showing: Sunday, 9/3, 12-2pm

Offers: "As they come" after 9/3

More Photos & Information: http://www.tourfactory.com/1854127

For offer info or property details, please contact:

Michael Studebaker, Broker Associate

Alain Pinel Realtors

510.759.2396 | michael.studebaker@gmail.com
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Michael Studebaker
Alain Pinel Realtors
510-759-2396
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To schedule a private showing or to receive more information about this property please contact us.

Alain Pinel Realtors
Michael Studebaker
510-759-2396
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