Re purposing a Duplex to an SFR in Oakland CA
4 Replies
Maxwell Manatt
Real Estate Agent from Oakland, CA
posted 8 months ago
Looking at a project in Oakland in a very good area. Its a Duplex of about 2000 sq ft in the Front with a cottage around 1000 sq ft in the back with a big lot.
In this neighborhood (very high end) seems like the best potential return would be to re purpose the duplex in front and sell it as a large single family house with a cottage in back.
Does anybody have experience with a project like this?
Will the city cause problems to us for turning two units into one?
Zoning of the property is RM-1, here is the definition of that use code per the city website:
RM-1 Mixed Housing Type Residential - 1 Zone. The intent of the RM-1 Zone is to create, maintain, and enhance residential areas characterized by a mix of single family homes and duplexes, and neighborhood businesses where appropriate.
Thank you
Angelou Masters
Investor from Oakland, California
replied 8 months ago
The city of Oakland will definitely let you turn a duplex into a single family and vice versa. I sold a duplex about 2 years ago and the seller turned it into a SFR and did very well on it. My plan was to make it into condos which the city said was fine but I decided to move on to other things I had going on. Just do all the legwork and due diligence you can up front and make sure the numbers will make sense.
Good Luck
Brian Garlington
Realtor from Oakland CA
replied 8 months ago
It's a duplex that you want to turn into an SFR in a very high end of Oakland? I'm guessing Montclair/Piedmont?
Maxwell Manatt
Real Estate Agent from Oakland, CA
replied 8 months ago
Rockridge
Brian Garlington
Realtor from Oakland CA
replied 8 months ago
Definitely a very nice area.