9945 B St, Oakland, CA 94603

Economic Data for Oakland – June 23, 2025 Update Recent economic data indicates a significant uptick in Oakland’s real estate market for the month of June. Notably, duplex properties have experienced a sharp increase in value, rising approximately 20% month-over-month. Concurrently, housing inventory has seen a substantial decline, creating increased competition among buyers and exerting upward pressure on home prices. This trend reflects a strong demand for multi-family housing in the area, driven by both investor interest and limited supply. Price will increase 15K in the next few days! Fixer-Upper Duplex – 9945 & 9955 B Street Oakland CA 94603] – Incredible Investment Opportunity in Oakland – $585K Are you looking for a fixer-upper with a significant upside? This duplex at 9945 & 9955 B Street Oakland, CA 94603, is a fantastic opportunity for the savvy homeowner or investor with vision. Nestled on a spacious 6,370 sq. ft. lot, this property includes 1,675 sq. ft. of living space across two separate units, plus an unpermitted ADU, all within a sought-after Oakland neighborhood. Property Breakdown: Unit 1: • 2 Bedrooms, 2 Baths • an opportunity for you to expand or reconfigure. Unit 2: • 2 Bedrooms, 1 Bath • A solid second unit that offers rental income potential with some updates. Unpermitted ADU: • 1 Bedroom, 1 Bath • A flexible, additional living space. The property has a pending ADU Amnesty permit, with architectural plans already submitted to the City of Oakland for building permits. This could mean big future value once finalized! Property Features: • Large Lot (6,370 sq. ft.) – Plenty of room for expansion or outdoor space to enjoy. • Delivering Vacant – Move in, or begin work on updates immediately. • Needs Work – The property will need some TLC, including a roof repair, but it's priced accordingly to sell quickly. • Huge Potential – With an estimated $60K investment, the property’s after-repair value (ARV) is expected to reach $800K, especially with the added value of the ADU once fully permitted and renovated. Whether you're looking to live in one unit and rent the other, or looking for a project to add value and income, this duplex is an incredible opportunity to capitalize on a growing area of Oakland. Don’t miss out! Ready for a project that promises a solid return on investment? This duplex won’t last long—act quickly and start building your future! Possible Rent: Unit 1- $2800-$3200 Unit 2- $2500- $3200 Once Permit: $1200 Total: $7600 on the high end Total: $ $6500 on the low end