">
Oakland, CA 94607,2302 Adeline St
Oakland, CA 94607,2302 Adeline St
Oakland, CA 94607,2302 Adeline St
$820,000
Est. payment /mo
$849,000
3.4%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

4,952 Sqft Lot
SOLD DATE : 03/27/2023

Key Details

Sold Price $820,000

Property Type Multi-Family

Sub Type Duplex

Listing Status Sold

Purchase Type For Sale

Subdivision West Oakland

MLS Listing ID 41015002

Year Built 1883

Lot Size 4,952 Sqft

Property Description

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.

Location

State CA

County Alameda

Interior

Heating Wall Furnace

Flooring Carpet, Wood

Exterior

Parking Features On Street

Roof Type Shingle

Building

Lot Description Back Yard

Sewer Public Sewer

Read Less Info

Want to know what your home might be worth? Contact us for a FREE valuation!

Submit

Our team is ready to help you sell your home for the highest possible price ASAP


California Regional MLS (CRMLS)
Listed by Conner Applegate • Corcoran Icon Properties
Bought with Non-member 999999 • Datashare BAREIS Default Office Don't Delete
Devone Richard

Broker | License ID: 1002115

+1(626) 500-1212 | devone@nextadvisors.properties

GET MORE INFORMATION

Name
Phone*
Message

By registering you agree to our Terms of Service & Privacy Policy. Consent is not a condition of buying a property, goods, or services.