3440 Hannah Street, Oakland, California, 94608

A Great Investment Opportunity in Oakland, CA

Property Details

A classic single-family house featuring 3 bedrooms, 1 bathroom, and 1,015 sqft of living space on a 5,054 sqft lot with off-street parking available.

• Roof: Old

• Furnace: N/A

• AC: N/A

• Plumbing: Fair

• Electrical Panel: Old

• Water Heater: Old

The property will be delivered vacant at closing.

Investment Highlights

• Hot market conditions with properties selling quickly - Days on Market varies from a few days to 1-2 months

• Huge upside potential with finished lower level providing possibilities for personal use or potential ADU conversion

• Strong comparable sales - properties with legalized ADUs in the area reaching up to $900K

• Located close to local shops, restaurants, public transportation, and easy freeway access

• Market floor established at $300K for 3/1 comparables, with fixer-uppers reaching $400K

• Proven investor interest in the zipcode - average of 15 interested buyers per deal with 22% sales success rate

Financial Summary

• ARV (After Repair Value): $675,000 - $725,000

A Wonderful Wholesale Opportunity!