See all 31 photos

$870,000

Est. payment - /mo

Save

1,698 Sqft Lot

Active

1621 E 38Th St Oakland, CA 94602

Save

REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.

In-PersonVirtual Tour

Fri

May

Sat

May

Sun

May

Chris Mardelli

chris@therealupside.com +1(310) 571-5761

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID 41089839

HOA Y/N No

Year Built 1925

Lot Size 1,698 Sqft

Property Sub-Type Duplex

Property Description

This is a wonderful opportunity for an owner occupier to purchase not only their home to live in, but the new owners will have the ability to either move into or rent out the attached vacant ADU (market rents are at $2,2000/month for a 1 bedroom unit). Also, they can turn the ‘non-conforming' garage conversion ADU unit into a legal unit or back to a garage per their choice! At this price point, it makes sense to take a serious look at this offering. The disclosures will have additional information concerning the ‘non-conforming ‘garage conversion on what needs to be completed to make it legal or to remove and turn it back to a garage. There is value to the new buyer to make this a legal unit! Then you will have even more rental income coming in. Note: do not confuse the garage unit with the 1 bedroom vacant ADU. They are separate units. The upstairs occupied unit is now vacant. All units are now vacant! Don't miss this opportunity! Offered at 5.3 Cap Rate

Location

State CA

County Alameda

Interior

Heating See Remarks

Cooling See Remarks

Flooring Laminate, Tile, Wood

Fireplace No

Appliance Dryer, Washer

Building

Lot Description Street Level

Sewer Public Sewer

Others

Tax ID 2349021

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Listed by John L. Morra • CENTURY 21 Real Estate Alliance

Quick Search Links

There are 32 quick searches