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Off market
  • $778,900

    956 55th St, Oakland, CA 94608

    4beds
    4baths
    2,232sqft
    MultiFamily
    Built in 1925
    -- sqft lot
    $778,900 Zestimate®
    $349/sqft
    $3,198 Estimated rent

    Owner options

    List your home for rent

    $3,198/mo

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    $3,198/mo

    Rent Zestimate®

    Refinance and save

    $4,807/mo

    Est. payment

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    $4,807/mo

    Est. payment

    What's special

    In an area where the average home price is $984,000, 956 55th street is something akin to a two-for-one sale. This duplex features a pair of two-bedroom units currently occupied by exceptional, professional tenants who pay their rent promptly every month, lending the current owners income stability and peace of mind. Located in one of North Oakland's up and coming neighborhoods, this is a property that's perfect for investors seeking a no-nonsense investment that delivers reliable cash flow without requiring any regular hassle. Speaking of cash flow, 956 55th street holds tremendous rental upside. The estimated market income as of today is $6,300 per month, a number that could continue to rise so long as the neighborhood continues along its current path of gentrification. The cherry on-top (literally) of this investment opportunity is the brand new roof the owners recently installed, which features solar panels and a 10+ year warranty.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 4
    Heating
    • Wall
    Cooling
    • Central
    Appliances
    • Included: Dishwasher, Dryer, Garbage disposal, Washer
    • Laundry: In Unit
    Features
    • Flooring: Tile, Carpet
    • Has fireplace: Yes
    • Fireplace features: Fireplaces
    Interior area
    • Total interior livable area: 2,232 sqft

    Property

    Features
    • Exterior features: Stucco, Wood
    • Fencing: Fenced
    Lot
    • Size: 1,481 sqft
    Details
    • Parcel number: 15130032
    • Zoning: 1001

    Construction

    Type & style
    • Home type: MultiFamily
    Materials
    • wood frame
    • Roof: Other
    Condition
    • Year built: 1925

    Utilities & green energy

    • Sewer: Public Sewer
    Green energy
    • Energy efficient items: Water Heater, Solar Power
    • Energy generation: Solar Power

    Community & neighborhood

    Security
    • Security features: Security System Leased
    Location
    • Region: Oakland

    HOA & financial

    Other financial information
    • Total actual rent: 3670

    Other

    Other facts
    • Sewer: Public Sewer
    • Flooring: Carpet, Tile
    • Roof: Other
    • Appliances: Dishwasher, Disposal, Dryer, Washer, Tankless Water Heater
    • HeatingYN: true
    • NumberOfUnitsTotal: 2
    • ConstructionMaterials: Stucco, Wood Frame
    • Fencing: Fenced
    • LeaseTerm: Month To Month
    • GreenEnergyEfficient: Water Heater, Solar Power
    • MaintenanceExpense: 0
    • TenantPays: Electricity, Gas, Water
    • Heating: Wall Furnace
    • InsuranceExpense: 0
    • LaundryFeatures: In Unit
    • SecurityFeatures: Security System Leased
    • ProfessionalManagementExpense: 0
    • VacancyAllowance: 0
    • Zoning: 1001
    • FireplaceFeatures: Fireplaces
    • Cooling: No Air Conditioning
    • GreenEnergyGeneration: Solar Power
    • MlsStatus: Pending
    • GrossScheduledIncome: 44043
    • TotalActualRent: 3670
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    Estimated market value
    $778,900