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2302 Adeline St Oakland, CA 94607
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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
Parking Type On Street
Total Parking Spaces 2
Building
Lot Description Back Yard
Sewer Public Sewer
Others
Tax ID 54274
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Bought with Non-member 999999 • Datashare BAREIS Default Office Don't Delete
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