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2302 Adeline St

Oakland, CA 94607
  • $849,000
  • STATUS: Pending
  • ON SITE: 68 Days
  • ID#: EB41015002
Pending
UPDATED: 8 min ago
$849,000
  • 0
    BEDS
  • 0.11
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 2,460
    SQFT
  • $345
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1883
County:

School Ratings & Info

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.

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© 2023 MLSListings Inc. Based on information from MLSListings MLS as of 2023-02-07T08:48:43.06. Data is updated hourly. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. DX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Strock Real Estate.

Licensed in the State of California.
Website powered by BoomTown.
www.strockrealestate.com/homes/135127244
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2302 Adeline St Oakland, CA 94607

  • Price: $849,000
  • Status: Pending
  • On Site: 68 Days
  • Updated: 8 min ago
  • ID#: EB41015002
0
Beds
0
Baths
0
½ Baths
0.11
Acres
2,460
SQFT
$345
$/SQFT
1883
Built
Neighborhood:
West Oakland
County:
Alameda
Area:
Oakland Zip Code 94607
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.
Exterior Features

Building Type Duplex Exterior Other Garage Parking Off-Street Parking Parking Spaces 2 Roof Composition Yard Grounds OtherBack Yard

Interior Features

Baths Unit1 2.00 Baths Unit2 2.00 Beds Unit1 4 Beds Unit2 4 Cooling Ceiling Fan Flooring HardwoodCarpet - Wall To Wall Heating Wall Furnace Laundry Other Sq Ft Unit1 1230 Sq Ft Unit2 1230 Structure Sq Ft 2460

Property Features

Additional Listing Info Not Applicable Amenities Other City Name Oakland Cross Street West Grand Energy Saving Features Other Hoa Amenities Other Lot Size Area Maximum 4953.00 Property Sub Type Duplex Rent Unit1 2500 Rent Unit2 3300 Rent Unit3 102 Sewer Septic Sewer - Public Sq Ft Source Public Records Water Public

© 2023 MLSListings Inc. All rights reserved. Listing provided courtesy of Conner Applegate of Corcoran Icon Properties: (925) 726-7120.


© 2023 MLSListings Inc. Based on information from MLSListings MLS as of 2023-02-07T08:48:43.06. Data is updated hourly. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. DX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Strock Real Estate.

Licensed in the State of California.
Website powered by BoomTown.
 
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