Diamond Terrace Condominiums are brand new and made up of 5 one bedroom units, 22 two bedroom units, 3 three bedrooms, and one commercial condominium in a 5 story stately building. These brand new condominiums offer eight different floor plans and built with exquisite taste. The rents are currently $100 below market to allow a quick rent up process. All of the units have been fully approved for condominiums. We expect the condominium fair market price to be approximately $300,000 a piece which totals $9,300,000 in value. This allows an investor $2,300,000 in potential profit after purchase of property. They have stunning views of Oakland and San Francisco with roof top patios, stylish new interiors that include gourmet kitchens, brand new stainless steel appliances, and granite counter tops. The top floors enjoy sun decks while first floors have spacious private patios. They enjoy the convenience of in-unit washers and dryers, and underground parking garage.
These luxurious condominiums are well located in the Glenview District of Oakland. The main street is Park Boulevard running east and west between Lymart and Interstate 580. The Glenview district is a lively commercial district of Oakland. Glenview offers a wonderful variety of restaurants, markets, coffee shops, art shops, florists, beauty services, business services, laundry, and cleaners. The Glenview district has a variety of churches and synagogues. The two main schools in the district are Glenview Elementary and Edna Bruer Middle School; both of which are excellent schools. You will love Oakland’ s landscape, and picturesque views of hillside neighborhoods and nearby waterfront. We are also conveniently located by BART, freeways, restaurants, and shopping. The complex has a brand new elevator. The complex is located above I580 near the on & off ramps that allows easy access on and off the freeway to reach San Francisco and the entire Bay Area with ease. The complex was built in a manner that allows excellent noise reduction on the interior of the units so once you are home you feel you are away from the hustle and bustle of the City.
Representation – Buyer