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.
Sold for $820,000 on 03/27/23
$820,000
2302 Adeline St, Oakland, CA 94607
8beds
4baths
2,460sqft
Duplex
Built in 1883
-- sqft lot
$689,000 Zestimate®
$333/sqft
$3,124 Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: March 28, 2023 at 03:00am
Listed by:
Conner Applegate DRE #01938041 925-726-7120,
Corcoran Icon Properties
Bought with:
Non-member 999999
Datashare BAREIS Default Office Don't Delete
Source: bridgeMLS/CCAR/Bay East AOR,MLS#: 41015002
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 4
Heating
- Wall Furnace
Cooling
- Ceiling Fan(s)
Features
- Flooring: Carpet
- Basement: None
Interior area
- Total structure area: 2,460
- Total interior livable area: 2,460 sqft
Property
Parking
- Parking features: Off Street
Features
- Exterior features: Back Yard
Lot
- Size: 4,791 sqft
Details
- Parcel number: 54274
- Special conditions: Standard
- Other equipment: Other
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex
Materials
- Other
Condition
- Year built: 1883
Community & neighborhood
Location
- Region: Oakland
Other
Other facts
- Listing terms: Other
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Estimated market value
$689,000