Elmhurst Homes with Short Sale

Welcome to Elmhurst, a vibrant and welcoming neighborhood nestled in the heart of Oakland, California, within Alameda County. Elmhurst is a hidden gem, offering a blend of suburban tranquility and urban convenience, making it an ideal place for families, professionals, and everyone in between.

The charm of Elmhurst lies in its diverse community and rich cultural tapestry. Residents enjoy a variety of local parks, including the well-loved Elmhurst Park, which provides ample space for outdoor activities, picnics, and leisurely strolls. The neighborhood is also conveniently located near essential amenities, such as grocery stores, cafes, and dining options that cater to a wide range of tastes.

For those considering a home in this delightful area, Elmhurst has a unique opportunity: short sale homes. These properties are often priced below market value, providing a fantastic chance for buyers looking to invest in a home while navigating the current real estate landscape. Short sales can be a smart choice for those willing to be patient and work through the process, as they can lead to significant savings and the chance to secure a charming residence in this sought-after neighborhood.

With its friendly atmosphere, community spirit, and access to Oakland's vibrant arts and culture scene, Elmhurst is more than just a place to live—it's a place to call home. Whether you're a first-time buyer or looking to invest, Elmhurst beckons with an array of possibilities. Embrace the charm and potential of this wonderful neighborhood today!

Newest Elmhurst 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.

$550,000

5 Beds ⋅ 2 Baths ⋅ 1,416 SqFt. ⋅ 226020976 MLS

Beautiful lots of upgrades, laminate flooring granite counter tops in the kitchen Gated plenty of parking space close to the freeway 880 shops restaurants and Bart Station also Oakland Airport. Short Sale

9419 B St, Oakland

Listing courtesy of 1st Capital.

$625,000

3 Beds ⋅ 3 Baths ⋅ 1,692 SqFt. ⋅ 226013524 MLS

2 Story home, 3 bed, 3 bath, 1692 sq feet. Needs minor work and a little TLC, short sale, subject to lender approval.

9625 Armstrong Drive, Oakland

Listing courtesy of eXp Realty of Northern California, Inc..

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