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Listed by Timothy Warren • NAI Northern California
$ 1,150,000
Est. payment | /mo
3,168 SqFt
$ 1,150,000
Est. payment | /mo
3,168 SqFt
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 3,168 sqft
Price per Sqft $363
MLS Listing ID 41071124
HOA Y/N No
Originating Board Bridge AOR
Year Built 1908
Lot Size 3,788 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
Cooling No Air Conditioning
Flooring Hardwood Flrs Throughout
Fireplace No
Appliance Gas Water Heater
Building
Lot Description Regular
Water Public
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