6491 Melville Dr, Oakland, CA 94611

A Great Investment Opportunity in Oakland, CA Property Details A classic single-family house featuring 2 bedrooms, 1 bathroom, and 1,240 sqft of living space on a 10,296 sqft lot with a carport. • Roof: Old • Furnace: Good • AC: N/A • Plumbing: Good • Electrical Panel: Good • Water Heater: Fair The property will be delivered vacant at closing. Investment Highlights • Classic Mid-Century Modern rancher with beautiful architecture and large 10,296 sqft lot • Located in desirable Montclair neighborhood—one of Oakland's safest residential areas with low crime risk • Hot market with common overbids and average days on market around 4 weeks • Priced at the bottom of the market with ARV estimated at $1.0M-$1.05M based on recent comparable sales • Near top-rated schools including 8/10 Montclair Elementary and close to Montclair Village shops, cafes, restaurants, and Joaquin Miller Park • Investor ROI of 6.7% at asking price after transaction costs Financial Summary • ARV (After Repair Value): $1,000,000 - $1,050,000 A Wonderful Wholesale Opportunity!