40
See all 40 photos
$499,999
Est. payment /mo
2,125 Sqft Lot
Price Dropped by $25K
950 Loomis Ct Oakland, CA 94606
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Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Subdivision Lake Merritt
MLS Listing ID 41137680
HOA Y/N No
Year Built 1912
Lot Size 2,125 Sqft
Property Sub-Type Duplex
Property Description
RARE SUB-$500K TWO-UNIT SETUP | LIVE IN ONE, RENT THE OTHER! Stop renting and build equity in Oakland! 950 Loomis Ct delivers a fully vacant, turn-key 2-unit layout designed to drastically slash your monthly housing costs. THE LAYOUT: Main Level: Bright & spacious 2-Bed / 1-Bath home featuring original hard surface floors, cozy brick fireplace, flooded with natural light, and private outdoor yard. Upper Level: Legally permitted, fully independent 1-Bed / 1-Bath ADU with its own private entrance—perfect for supplemental rental income, extended family, or guest quarters. WHY THIS HOME WORKS: Mortgage Helper: Collect market rent upstairs to offset a massive 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. Priced to sell at $499,999 ($295/sq ft). Flexible financing accepted: Conventional, FHA, VA, & 1031 Exchange.
Location
State CA
County Alameda
Zoning R
Interior
Heating See Remarks
Flooring Carpet, Tile
Fireplace No
Building
Lot Description Back Yard
Others
Tax ID 193520
Acceptable Financing Cash, Conventional, 1031 Exchange, FHA
Listing Terms Cash, Conventional, 1031 Exchange, FHA
Virtual Tour https://jba.hd.pics/950-Loomis-Ct/idx
Listed by Yovany Acosta Garin Real Estate #02095932
NEARBY SCHOOL & BUSINESS
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