556 30th St, Oakland, CA 94609

PROPERTY: Beautiful renovation of huge classic 1906 duplex in North Oakland. This property has been lovingly restored, including stripping and refinishing the intricate woodwork found on the banisters and trim. Although the property is recognized as a duplex, historical use included a third kitchen in the upstairs that has been renovated and updated by the current owner, allowing for a flexible use of the space. The current configuration includes a 3-bedroom, 2-bath unit on the first floor that includes a full laundry room, bright and sunny open common rooms where the living room, dining room and kitchen all flow together seamlessly. The upstairs is currently set up as a 2-bed, 1-bath unit with a large additional loft storage area and a 1-bed, 1-bath unit that share a large laundry/storage room in the hallway. These two units can easily be combined into a 3-bed, 2-bath unit. The building has over 2,600 square feet of living space and sits on a lot of almost 5,000 square feet. The backyard has wonderful sun exposure and is ready for a large garden and would be ideal for urban homesteading. - All new kitchens and bathrooms that include hand-laid mosaic tile and beautiful composite counters. Cabinetry is modern, yet very compatible with the classic era architecture - Upgraded electrical service - Upgraded plumbing service - New furnaces in all units - New double pane windows greatly enhance energy efficiency and noise reduction - Ceiling fans added to the upstairs units for energy efficient cooling - New laminate flooring in downstairs unit and refinished wood floor upstairs. - New architectural composition shingled roof. - New foundation. NEIGHBORHOOD: This property is less than a mile from two of the hottest neighborhoods in Oakland: Temescal and Uptown. Walkabke to BART and a new Whole Foods. Freeway access is 4 blocks away. POTENTIAL USES: Flexibility is a key advantage of this property. The property would be ideal for: -an investor who wants to rent all of the units. Although all market rents must be independently verified, initial market surveys indicate the potential income to could exceed $85,000 per year; -an owner who wants to live in a great space and rent out the other spaces to have additional income to help with the mortgage payment. In fact, depending on which unit is rented, a significant portion of the ownership costs can be covered by renting the other units; -Co-Housing opportunity. Although there is no central, stand-alone kitchen, this property could easily allow for like-minded individuals to live and work cooperatively; and -Urban Homesteading. This property sits at the front of a very large lot (almost 5,000 square feet) and there is no garage, leaving a huge backyard for everything from chickens and goats to gardening. Local animal ordinances must be followed.