Key information
-
Units 2
-
Year Built 1914
-
Average Unit Size 1,159
-
Building Size 2,317
-
Land Area (Sq Ft) 4,059
-
Parking 4
-
Separate Meters Electric
Pricing Metrics
CAP Rate:
3.8%
GRM:
13.1
Price per Unit:
$550,000
Price per Square Foot:
$475
LORE Agent Insights
Nestled in Oakland's coveted Grand Lake neighborhood, this property presents an exceptional duplex opportunity. Featuring two spacious 2BR/1BA units with private entrances, this property offers the perfect owner-occupy situation. The downstairs residence includes a private backyard oasis and garage access, along with a remodeled kitchen that has contemporary appliances and finishes. Located in an area with an extraordinary 98 WalkScore, residents enjoy immediate proximity to Grand Avenue and Lakeshore Avenue's vibrant districts, Rose Garden Park, and Lake Merritt's recreational opportunities. Major medical centers including Kaiser Permanente, Alta Bates, and Sutter are minutes away, as is quick access to Highway 580. Includes onsite laundry facilities and the property will be delivered vacant, allowing new owners immediate occupancy and complete flexibility. Don't miss this opportunity to secure a move-in ready duplex in one of Oakland's most desirable neighborhoods.
Financial Summary
Gross Rents (Annual):
$84,000
Other Income:
$0
Expense Pass Through:
$0
Vacancy Reserve:
$5,880
Operating Expenses:
$36,695
Net Operating Income:
$41,425
Effective Gross Income:
$41,425
Disclaimer*
The information contained herein has been obtained from sources deemed reliable but has not been verified and no guarantee, warranty or representation, either express or implied, is made with respect to such information. Terms of sale or lease and availability are subject to change or withdrawal without notice.
Estimated Expenses
Log in to view all information
Market Rents (Annual):
N/A
Rent Gap:
N/A
Property Tax Rate:
N/A
Property Tax (Base):
N/A
Other Program Fee:
N/A
Business License Fee:
N/A
Rent Board Fee:
N/A
Property Management:
N/A
Resident Manager:
N/A
Turnover Costs:
N/A
Property Tax (Additional Assessments):
N/A
Maintenance, Repairs, and Reserves:
N/A
Utilities
Log in to view all information-
Gas & Electricity N/A
-
Other Utilities N/A
-
Insurance N/A
-
Landscaping N/A
-
Pest Control N/A
-
Garbage N/A
-
Water & Sewer N/A
-
Janitorial N/A
Rent Roll Object
Log in to view all information| Unit Mix | Tenant Status | Unit Size | Number of Units | Current Rent (Average) | Market Rent Estimate | Comments |
|---|---|---|---|---|---|---|
| N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| N/A | N/A | N/A | N/A | N/A | N/A | N/A |
Listing Information
Listed By:
Joey Wang
Source:
bridgeMLS/CCAR/Bay East AOR
MLS:
41092341
