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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
Square Footage 2,460 sqft
Price per Sqft $333
Subdivision West Oakland
MLS Listing ID 41015002
Sold Date 03/27/23
Bedrooms 8
HOA Y/N No
Year Built 1883
Lot Size 4,953 Sqft
Acres 0.11
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
Area Oakland Zip Code 94607
Rooms
Basement None
Interior
Heating Wall Furnace
Cooling Ceiling Fan(s)
Flooring Hardwood, Carpet
Fireplace No
Exterior
Exterior Feature Back Yard
Parking Type Off Street
Building
Lot Description Back Yard
New Construction No
Others
Tax ID 54274
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Bought with Non-member999999