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Updated over 10 years ago on . Most recent reply

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J. Martin
#1 Real Estate Events & Meetups Contributor
  • Rental Property Investor
  • Oakland, CA
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What's the play here? 4plex for sale. Needs to be moved.. Possible?

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

I saw this ad on CL for a nice 4plex in Adam's Point in Oakland, but they want the building moved.. Can a building like this really be moved?... What's the play here?? Is that even possible?

Four unit building in Adams Point . Must be Removed from current location by you and relocated to your vacant lot . Contact to make appointment to view.

Just curious if anyone has heard such a thing..

http://sfbay.craigslist.org/eby/reo/4688487466.html

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Arlen Chou
  • Investor
  • Los Altos, CA
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Arlen Chou
  • Investor
  • Los Altos, CA
Replied

Hello J,

This is not an easy task. It can be done.  BUT there is a TON of logistics that is required in doing this.  Other than the obvious things about unhooking the building and jacking the building up onto a transport, somebody basically need to calculate the dimensions of the streets and turns all the way to the new location.  One wrong measurement you could be parking in the middle of an intersection for a really long time with costs mounting by the minute.  I am not even sure if Oakland will allow you to shut down roads to move this things.  Unless there is some historical value or the building is extremely good condition AND the new property is nearby and easily accessible I would say the "play" on this is to push away from the table.

On a completely separate note, when I put in the @ mark to tag you, I don't get the normal name list popping up.  Not sure why but I thought I would throw that out as an FYI.

Good luck on your decision!

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