950 Loomis Ct, Oakland, CA 94606
950 Loomis Ct, Oakland, CA 94606
950 Loomis Ct, Oakland, CA 94606
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$499,999
Est. payment /mo
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3 Beds
2 Baths
1,694 SqFt
Price Dropped by $25K

950 Loomis Ct Oakland, CA 94606

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Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 1,694 sqft

Price per Sqft $295

Subdivision Lake Merritt

MLS Listing ID 41139654

Bedrooms 3

Full Baths 2

HOA Y/N No

Year Built 1912

Lot Size 2,125 Sqft

Property Sub-Type Single Family Residence

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 Floor Furnace, Wall Furnace

Cooling None

Flooring Carpet, Vinyl, Wood

Fireplace Yes

Exterior

Parking Features Off Street

Pool None

Private Pool No

Building

Lot Description Back Yard

Story Two

Entry Level Two

Architectural Style Bungalow

Level or Stories Two

New Construction No

Others

Tax ID 193520

Acceptable Financing Cash, Conventional, 1031 Exchange, FHA, VA Loan

Listing Terms Cash, Conventional, 1031 Exchange, FHA, VA Loan


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Listed by Yovany Acosta Garin Real Estate #02095932

NEARBY SCHOOL & BUSINESS

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Tarven Zaki

Tarven Zaki

Agent | License ID: DRE#02100030

+1(619) 633-6019

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950 Loomis Ct