55 8Th St, Oakland CA 94607 | $688,888

Tucked into a prime Oakland location just moments from Chinatown, Laney College, BART, and the vibrant shores of Lake Merritt, this property offers a rare opportunity to reimagine and rebuild in the heart of it all. Set on a generous footprint, the home is ready for transformation—an ideal canvas for investors, builders, or buyers with vision. The existing structure requires significant renovation, but the upside is undeniable. With a clean slate to work from, you can design and customize every detail to suit modern living or maximize income potential. The lower level is particularly compelling, offering ample space for the creation of a possible separate unit—perfect for rental income, extended family, or a flexible live/work setup. An existing bathroom on the lower level provides a valuable head start, with the ability to connect to a newly installed sewer line, streamlining future development plans. Whether you’re looking to restore, expand, or completely reimagine, the groundwork is here for something special. All of this in a highly connected location, where dining, transit, education, and recreation are just minutes away. This is more than a fixer—it’s an opportunity to create lasting value in one of Oakland’s most dynamic neighborhoods.

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