Oakland, CA 94607,2302 Adeline St
Oakland, CA 94607,2302 Adeline St
Oakland, CA 94607,2302 Adeline St
Oakland, CA 94607,2302 Adeline St
Oakland, CA 94607,2302 Adeline St
Oakland, CA 94607,2302 Adeline St
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$820,000

$849,000

3.4%
Est.Price: ?

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Est. payment /mo

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

Parking Features 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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California Regional MLS (CRMLS)
Listed by Conner Applegate • Corcoran Icon Properties
Bought with Non-member 999999 • Datashare BAREIS Default Office Don't Delete

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Kris Rainwaters

REALTOR® | Lic# 02111780

+1(602) 561-3114

PO Box 106 Lake Arrowhead, CA 92352

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