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Updated over 7 years ago on . Most recent reply

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Hung Nguyen
  • Investor
  • Greenville, SC
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68
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Looking for an agent in the Oakland area

Hung Nguyen
  • Investor
  • Greenville, SC
Posted

I am looking for a real estate agent that focuses in the Oakland area. I am looking for a small multifamily 2-4 units (especially tris and quads) near the Oakland airport area. Price point 200k-400k. Recommendations are appreciated.

New ish to the area. The reason I am looking in the Oakland area is because I believe the Bay Area will continue to grow in the following few years. Many tech companies are still growing in this particular area. Couple that with the planned extension of the Bart public transportation system = a good time to acquire my first property.

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J. Martin
#1 Real Estate Events & Meetups Contributor
  • Rental Property Investor
  • Oakland, CA
2,925
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J. Martin
#1 Real Estate Events & Meetups Contributor
  • Rental Property Investor
  • Oakland, CA
Replied

@Hung Nguyen,

I have a property down in East Oakland not too far from the airport (4plex I bought for under $400k back in 2013 or 14) - but as @Account Closed said, the days of multi-units at the $200K mark will probably require a time machine.

Having said that, there are 6 multi-unit properties listed for under $400K in Oakland. 

https://www.redfin.com/city/13654/CA/Oakland/filte...

It looks like they are mostly small duplexes - and not necessarily by the airport. In the flatlands of East Oakand. I'm not an agent, but I know a few.. You might have to adjust your expectations if  you want to buy now. 

I'm a big fan of being close to BART / Muni / Caltrain, in their respective cities, no matter where you end up buying. Big plus IMHO. Overall, I expect the Bay Area to grow over the long term. But I do think we're approaching the latter stages of this expansionary cycle when you're talking about the macro economic / business cycle view. 

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