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Listed by Garin Real Estate
$ 499,999
Est. payment | /mo
1,694 SqFt
$ 499,999
Est. payment | /mo
1,694 SqFt
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 1,694 sqft
Price per Sqft $295
Subdivision Lake Merritt
MLS Listing ID 41137680
HOA Y/N No
Year Built 1912
Lot Size 2,125 Sqft
Property Sub-Type Duplex
Source BAY EAST
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
Interior
Heating Other
Cooling Ceiling Fan(s), Central Air
Flooring Tile, Carpet
Fireplace No
Building
Lot Description Dead End, See Remarks
Water Public