All property photos
Click to View
loading your dream home...
Simply one of the most unique investing opportunities I have seen in Oakland. 439 International is a co-living community organized and managed by OpenDoor a co-living operator that helped to pioneer the co-living concept. In essence individual rooms are leased from $900 to roughly $1,500 per month. There is a common kitchen where individual or communal meals can be cooked and shared. Residents pay a monthly rent and pay a pro-rata share of all utilities. Current rents are over $15,000 per month with potential to increase rents to over $18,000 per month when rooms turnover and the market allows. Co-living fits a very special niche in the tight and costly Bay Area housing market and has attracted many people who enjoy the benefits of communal living. This is a wonderful cash flowing investment for a savvy investor.
Oakland’s lovely hillside neighborhoods and lively shopping districts draw residents to the East Bay’s largest city - an exciting, vibrant, urban community. In the Sequoyah-Chabot neighborhood, many homeowners enjoy large lots that border the East Bay Regional Park and the Lake Chabot Golf Course. Montclair’s homes are situated on forested lots that offer a quiet retreat from the city. Temescal is an up-and-coming neighborhood along bustling Telegraph Avenue, with the feel of an urban village. In Jack London Square near the waterfront, old warehouses and former factories have been converted to loft living. Lakeshore-Upper Grand, with its mix of shopping, restaurants, antique stores, and a farmers market, is one of Oakland’s most eclectic neighborhoods. For those who live in Claremont, the Elmwood Shopping District offers a variety of old-fashioned shops and mixture of merchants. It’s easy to enjoy a wide variety of year-round outdoor activities in Oakland. Lake Merritt, located in the heart of the city, offers a 3.4-mile walking path, picnicking, sailing, and kayaking. Redwood and Joaquin Regional Parks encompass stately forests of 150-foot coast redwoods and provide miles of hiking, jogging, and horseback-riding trails. Anthony Chabot Regional Park offers golfing, an equestrian center, hiking, bicycling, and fishing. For sports fans, Oakland is home to the Oakland Athletics and the Golden Gate Fields racetrack Oakland residents have plenty of public transportation options, including Bay Area Rapid Transit (BART), buses, ferries, and casual carpools. Oakland International Airport is serviced by more than 10 major airlines.