Oakland, CA 94607,2302 Adeline St

$820,000

Est. payment /mo

$849,000

3.4%
Est.Price: ?

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2302 Adeline St Oakland, CA 94607

8 Beds

2,460 SqFt

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

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

Building

Lot Description Back Yard

New Construction No

Others

Tax ID 54274

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Bridge MLS
Listed by Conner Applegate • Corcoran Icon Properties
Bought with Non-member999999
agent

Jodi Nishimura

Founder & Realtor® | License ID: 01762935

+1(510) 459-0471

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