$390,000
Incredible Opportunity! Charming home and City-Approved Plans for Addition and ADU. Unlock massive value and bypass the headache of the permitting process with this unique real estate gem. Perfect for first-time homebuyers, savvy investors, or anyone looking to build equity quickly, this property offers immediate functionality, shovel-ready expansion potential. Step into a cozy, well-proportioned 1/1 bath single-family residence spanning an efficient 576 sq ft. This charming footprint is ideal as a high-yield rental, a minimalist primary residence, or a comfortable place to live while you expand. The true crown jewel of this property is the fully approved city plans for a major expansion. Skip months of waiting, architectural fees, and etc. The approved plans allow for an addition and a brand-new Accessory Dwelling Unit (ADU), adding a second bedroom and a second bathroom across an additional 458 sq ft of living space. Once completed, the property will transform into a highly desirable multi-unit setup or a spacious single-family layout totaling a generous 1,034 sq ft. Whether your goal is to build a private guest house, generate passive income by renting out the ADU, or create a flexible work-from-home sanctuary, the blueprint for your success has already been validated and approved by the city. Opportunities with this level of preparation do not come along often, bring your contractor and realize the full potential of this versatile property today. Property currently used as a 3 bedrooms, 1 bath. County records show as 1/1.
1
Beds
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1
Baths
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41145245
MLS
2840 22nd Ave, Oakland
