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$ 1,150,000
Est. payment | /mo
3,789 Sqft Lot
$ 1,150,000
Est. payment | /mo
3,789 Sqft Lot
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID 41071124
HOA Y/N No
Year Built 1908
Lot Size 3,789 Sqft
Property Description
The property is a well-maintained VACANT duplex located in Downtown Oakland just steps from Lake Merritt. The property consists of two (2) large 1,500+ square foot units, and three off-street parking spaces. The property offers beautiful 1920s architecture, period-appropriate details, and hardwood floors. In addition, the property will allow the new owner to occupy one unit and/or place market-rate tenants delivering excellent day-one cash flow. This highly sought-after location will continue to attract premium tenants and maintain a low vacancy rate. The property is located in Downtown Oakland steps from Lake Merritt. This property is less than a mile from 19th Street BART with easy access to interstates 580 and 880 for seamless connection to the entire San Francisco Bay Area. Residents enjoy endless amenities in Uptown, Downtown, and Lake Merritt, including Whole Foods, a 5-minute walk away. The properties are walkable to both Kaiser Permanente (Oakland's Largest Employer) and Sutter Health Alta Bates Medical Center (Oakland's Second Largest Employer), earning a near-perfect Walk Score of 97!
Location
State CA
County Alameda
Interior
Heating Wall Furnace
Flooring Wood
Fireplace No
Appliance Gas Water Heater
Exterior
Roof Type Shingle
Total Parking Spaces 3
Building
Sewer Public Sewer
Others
Tax ID 86708
Acceptable Financing Conventional, 1031 Exchange
Listing Terms Conventional, 1031 Exchange
Listed by Timothy Warren • NAI Northern California
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Valerie Condon
Partner | Lic# 680245