6.02% Cap rate on this well-maintained Duplex in San Antonio neighborhood. 2 mins walking distance to Garfield Elementary and Roosevelt Middle. Great investment due to its proximity to schools and freeway. Either rent both out for 6.02% cap rate or live in one and collect rent on the existing tenant and have the property pay for itself. Low maintenance backyard and each unit comes with 2 bedrooms, 1 full bathroom and 1 attached car garage. Plenty of storage for each unit. All units individual metered. $4,750/month in gross rent ($57,000/yr). Operating expenses are $14,868/yr. Net operating income (NOI) $42,132/yr! 6.02% cap rate! DON'T miss this! Buy this for the new year 2023.
Sold for $688,000 on 02/10/23
$688,000
1900 22nd Ave, Oakland, CA 94606
4beds
2baths
1,924sqft
Multi Family, Duplex
Built in 1927
-- sqft lot
$661,400 Zestimate®
$358/sqft
$3,070 Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: February 12, 2023 at 09:33am
Listed by:
Hui Kai Pi DRE #02040659 408-910-1438,
Realty One Group Future
Bought with:
Hui Kai Pi, DRE #02040659
Realty One Group Future
Source: Bay East AOR,MLS#: 41010244
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
Heating
- Floor Furnace, Natural Gas
Cooling
- No Air Conditioning
Features
- Flooring: Carpet
- Basement: None
- Has fireplace: No
Interior area
- Total structure area: 1,924
- Total interior livable area: 1,924 sqft
Property
Parking
- Total spaces: 2
- Parking features: Attached, Garage, Space Per Unit - 1
- Has attached garage: Yes
Features
- Exterior features: Garden
- Fencing: Security,Fenced,Wood
Lot
- Size: 2,613 sqft
- Features: Level, Garden, Back Yard
Details
- Parcel number: 2124713
- Special conditions: Standard
- Other equipment: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family, Duplex
- Attached to another structure: Yes
Materials
- Stucco
- Roof: Unknown
Condition
- Year built: 1927
Utilities & green energy
- Utilities for property: Natural Gas Available, Individual Electric Meter, Individual Gas Meter
Community & neighborhood
Location
- Region: Oakland
HOA & financial
Other financial information
- Total actual rent: 4750
Other
Other facts
- Listing agreement: Excl Right
- Listing terms: Cash,Conventional,1031 Exchange,New Loan,Cryptocurrency
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Estimated market value
$661,400