Oakland Homes with Short Sale

Oakland Homes with Short Sale

**Discover Oakland: A Vibrant Gem in Alameda County**

Nestled along the picturesque shores of the San Francisco Bay, Oakland, California, is a city bursting with culture, diversity, and opportunity. As the largest city in Alameda County, Oakland boasts a rich tapestry of neighborhoods, each with its own unique charm and character. From the bustling streets of Jack London Square to the artistic enclaves of Temescal, Oakland is a place where creativity flourishes, and community thrives.

For those considering a new home in this vibrant city, there is an exciting opportunity to explore homes available through short sales. Short sales can be a fantastic option for buyers looking for value in a competitive market. These properties often come at a reduced price, providing an excellent entry point for first-time buyers or those looking to invest in the Oakland real estate market.

The diverse housing options range from historic Victorian homes to modern condos, all set against the backdrop of Oakland's stunning hills and waterfront views. With its close-knit neighborhoods, access to public parks, and a thriving culinary scene, Oakland is not just a place to live; it’s a community to belong to.

Whether you are drawn to the vibrant art scene, the eclectic dining options, or the proximity to the tech hubs of the Bay Area, Oakland offers a lifestyle that is both fulfilling and dynamic. If you’re ready to embark on your home-buying journey, consider exploring the short sale opportunities in this remarkable city—your dream home in Oakland awaits!

Newest Oakland Homes with Short Sale

$399,000
226100754 MLS
​Discover the flexibility and upside potential of this approximately 6,250 sq. ft. mixed-use property along Oakland's established MacArthur Boulevard commercial corridor of Eastmont Hills. Offering a combination of residential, retail/office and additional usable space, this property presents a compelling opportunity for an investor, owner-user, entrepreneur, or buyer looking to reposition the property for increased income. ​The property includes four units with mixed-use potential, allowing for a variety of residential and commercial uses, subject to City approval and applicable zoning requirements. Approximately 2,560 sq. ft. is currently utilized as tenant- and owner-occupied living space, while the balance offers significant potential for commercial occupancy, reconfiguration, or possible creation of additional residential units. An oversized approximately 700 sq. ft. garage/workshop provides another income-producing or owner-user component. One residential unit, a 2-bedroom/1-bath, is currently rented at $1,225 per month, with the garage generating an additional $300 per month, for current actual rents of $1,525 per month. Long-term tenant(s) to convey with the sale, while three commercial spaces are anticipated to be delivered vacant, giving the next owner an opportunity to establish new businesses, lease at current market rates, or occupy space for their own operation. The location is an important part of the opportunity. Situated directly on MacArthur Boulevard in East Oakland, the property is surrounded by neighborhood-serving retail, markets, restaurants, services and other commercial uses. Nearby businesses demonstrate the corridor's mix of everyday retail and service-oriented uses, making the property potentially suitable for neighborhood retail, professional services, office, studio, workshop or other permitted uses.​ Occupy part and lease the balance, reposition the commercial spaces, explore additional residential income, or create a combination of uses tailored to a long-term investment strategy.

7960 Macarthur Boulevard, Oakland

Listing courtesy of CalPrime Realty.

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