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.
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 | firstname.lastname@example.org