$820,000
$849,000
3.4%For more information regarding the value of a property, please contact us for a free consultation.
4,952 Sqft Lot
SOLD DATE : 03/27/2023
Key Details
Sold Price $820,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Subdivision West Oakland
MLS Listing ID 41015002
Sold Date 03/27/23
HOA Y/N No
Year Built 1883
Lot Size 4,952 Sqft
Property Description
High-income producing Duplex located in West Oakland neighborhood. Current CAP RATE is 6.12% and have possible rental increases for each unit in the next year providing large upside on cap to 9.51%. The structure is routinely inspected and kept in good condition with newly painted entryway, railings, and complete exterior. Exceptionally large backyard well-suited for possible ADU addition. Parcel also includes a sizeable Billboard on-site and collects annual income. Tremendous upside potential. For more info or disclosures text/email listing agent.
Location
State CA
County Alameda
Interior
Heating Wall Furnace
Flooring Carpet, Wood
Fireplace No
Exterior
Garage On Street
Roof Type Shingle
Total Parking Spaces 2
Building
Lot Description Back Yard
Sewer Public Sewer
Others
Tax ID 54274
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