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$1,896 / 2br - 900ft2 - Affordable, Cooperative 2 bd/1bath (2 units available!) (oakland north / temescal)
61st St, Oakland, CA 94609
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1 year lease term.
Rent amount is greater of $1,896 or 30% of income (minus utility allowances). This is an income restricted unit. Tenants may not have an income of greater than 80% of the Area Median Income.
Please message to request a free application.
Owner pays garbage. Tenant pays all other utilities.
Tenant should be interested in engaging with a process to convert the building to a cooperative through the East Bay Permanent Real Estate Cooperative.
Coop 789 is a diverse and connected community residing in a four-unit building in the Bushrod neighborhood of Oakland. They share not only the living space but also the outdoor area, engaging in activities such as gardening and karaoke nights. The group is currently in the process of co-operatizing their living situation by acquiring the buildings and landscaping from Northern California Land Trust. This move potentially positions them as co-owners within the East Bay Permanent Real Estate Cooperative.
As co-owners, the members of Coop 789 will jointly possess the buildings and land, taking on shared risks and responsibilities. They will have the unique opportunity to take control over their own homes while working collaboratively with fellow residents. To ensure successful co-stewardship, they will actively participate in educational initiatives and meetings.