Oakland, CA · Member since 2017 · 3 posts · 2 votes
I want to purchase the duplex that i have been living in and move my parents into the other unit, in Oakland CA. I'm concerned that the tenant in the other unit will put up a fight that will ultimately make the deal a bad. If anyone is familiar with the current situation in Oakland, and my specific situation, I'd love to hear what you have to say about it. Thanks.
Unfortunately, @John Underwood it's not that simple. Oakland has fairly strict rent control laws about this kind of thing and they just removed the exemption for owner-occupied du and triplexes. So, you have to look at a number of factors when looking to move someone out without cause (meaning they haven't violated their lease). How long they have been in the unit, their status as a protected tenant and several other factors come into play here.
Generally, we tell our clients that selling a property that has tenants in place will lower the price by up to 10%.
I would recommend that you start chatting with a real estate attorney to find out the process and understand the cost/timeline. Feel free to DM me @William Hess and I can give you the name of one that has a great reputation in Oakland.