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.
- Price:
- $849,000
- Bedrooms:
- 8
- Square Footage:
- 2,460
- Acreage:
- 0.11
- Year Built:
- 1883
- Listing ID #:
- 41015002
- Street Address:
- 2302 Adeline St
- City:
- Oakland
- State:
- California
- Postal Code:
- 94607
- County:
- Alameda
- Community:
- Oakland ZIP Code 94607
- Subdivision:
- West Oakland
- Listing Status:
- Pending
- Listing Type:
- Residential Income
- Exterior Features:
- Back Yard
- Flooring:
- Hardwood, Carpet
- Total Building Square Footage:
- 2460
- Year Built:
- 1883
- Lot Features:
- Back Yard
- Lot Size:
- 0.11
- Lot Square Footage:
- 4953
- For Sale Or Lease?:
- For Sale
- Previous Listing Price:
- 850000
- Price Per Square Foot:
- 345.00
- Parking Description:
- Off Street
- Cooling System:
- Ceiling Fan(s)
- Has Central Air Conditioning:
- Yes
- Heating:
- Wall Furnace
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The amounts for the Tax, Insurance, and HOA are estimates and not actual amounts.
Your Payment
$1,400/mo
Source: CINC
- Listing Provided By: Conner Applegate with Corcoran Icon Properties
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Virtual Tour
200 2nd St Unit 102, Oakland, CA 94607
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