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This sprawling Oakland duplex, one of the largest available in the city, is a prime prospect for investors aiming for substantial rental gains. Unlock its full potential with significant rental upside and ADU potential. Each unit boasts a spacious 3+ bedroom layout. Recent ownership has completed comprehensive capital improvements including roof, plumbing, sewer lateral, electrical systems, and windows. One unit has been thoughtfully renovated prior to tenant occupancy, the second unit is currently leased below market value to a long-term tenant. This presents a valuable opening to elevate rental income through targeted enhancements. The property is separately metered. With ample lot space, the potential for an ADU adds another layer of rental revenue. Minimal landscaping demands translate to efficient maintenance. With one unit offering below-market rent and the enticing prospect of an ADU, the potential for heightened cash flow and appreciation is truly striking. Buyer to verify all.
Property Type(s):
Multi Family
| Last Updated | 9/28/2023 | Year Built | 1924 |
|---|---|---|---|
| Community | Oakland Zip Code 94605 | County | Alameda |
SCHOOLS
| School District | Oakland (510) 879-8111 |
|---|
Price History
| Prior to Sep 18, '23 | $879,900 |
|---|---|
| Sep 18, '23 - Today | $849,900 |
Additional Details
| AIR | No Air Conditioning |
|---|---|
| AREA | Oakland Zip Code 94605 |
| HEAT | Natural Gas |
| LOT | 4356 sq ft |
| LOT DESCRIPTION | Regular |
| ZONING | RD-2 |
Listed with Helen Chong |, Haylen
Bay East ©2023. CCAR ©2023. bridgeMLS ©2023. Information Deemed Reliable But Not Guaranteed. This information is being provided by the Bay East MLS, or CCAR MLS, or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website. This information is intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated at 10/3/23 1:12 AM PDT
This IDX solution is (c) Diverse Solutions 2023.
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