Bought with Non-member 999999 • Datashare BAREIS Default Office Don't Delete
$820,000
$849,000
3.4%For more information regarding the value of a property, please contact us for a free consultation.
2302 Adeline St Oakland, CA 94607
2,460 SqFt
Key Details
Sold Price $820,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,460 sqft
Price per Sqft $333
Subdivision West Oakland
MLS Listing ID 41015002
Sold Date 03/27/23
HOA Y/N No
Originating Board Bridge AOR
Year Built 1883
Lot Size 4,953 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
Cooling Ceiling Fan(s)
Flooring Hardwood, Carpet
Fireplace No
Exterior
Parking Type Off Street
Building
Lot Description Back Yard
Water Public
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© 2024 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.