633 Clara Street provides the right investor with an opportunity to acquire a property with value-add opportunity in a steadily improving area of East Oakland. The property consists of four 2-bedroom, 1-bathroom units on a 6,640 square foot lot. Current rents are well below market in 3 units. Located on a quiet section of Clara Street between San Leandro Street and I-880, 633 Clara Avenue is well-situated for tenants who work in the bustling commercial corridor in East Oakland. The property sits less than 0.5 miles from the 98th Avenue and Hegenberger Road on-ramps, providing convenient access up and down the East Bay via I-880. This property is poised for significant long-term appreciation due to its proximity to the Oakland Coliseum and Oracle Arena, which have been identified by the City for redevelopment for many years Open Houses: Tuesday 1/21: 4-6PM Saturday 1/25: 11AM-1PM Sunday 1/26: 11AM-1PM
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Listing information last updated on April 9th, 2020 at 6:36am PDT.