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$ 1,239,000
Est. payment /mo
Active
1024 Elsinore Ave Oakland, CA 94602
5 Beds
2,127 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 2,127 sqft
Price per Sqft $582
Subdivision Glenview
MLS Listing ID 41151161
Bedrooms 5
HOA Y/N No
Year Built 1919
Lot Size 4,400 Sqft
Acres 0.1
Property Sub-Type Duplex
Property Description
Beautifully maintained duplex located in one of the most desirable pockets of the Glenview neighborhood. This versatile property offers an excellent opportunity for both investors and owner-occupants. The lower unit features 2 bedrooms and 1 bathroom. This unit will be delivered vacant with a projected rental income of approximately $3,000 a month or ready for an Owner/Occupant to move in. The upper unit offers 3 bedrooms and 2 bathrooms and is currently rented for $4,000, which can offset the mortgage for an Owner/Occupant. Both units are spacious and well-kept and include a parking space in the garage. There is a beautiful deck with pleasant views above the garage and a spacious tiered backyard ideal for relaxing, entertaining and/or BBQs. 1024 Elsinore Avenue is an amazing investment opportunity with a projected rental income gross of approximately $7000 a month. Whether you're looking for a strong income-producing investment or the opportunity to live in one unit while renting the other, this property offers flexibility, value, and an unbeatable Glenview location. Both units are spacious and well-kept. Each unit includes its own parking space in th garage. The lower unit also features a beautiful private deck with pleasant views. The property has been well maintained by the current owner and is in very good overall condition. Current rental income is approximately $4,000 per month, with a projected pro-forma income of about $7,000 per month when both units are rented at market rates. The vacant unit alone is estimated to rent for approximately $3,000 per month. Whether you're looking for a strong income-producing investment or the opportunity to live in one unit while renting the other, this property offers flexibility, value, and an unbeatable Glenview location. More photos coming soon.
Location
State CA
County Alameda
Rooms
Basement None
Interior
Heating Wall Furnace
Cooling Central Air
Flooring Tile, Wood
Fireplace Yes
Appliance Dryer, Washer
Laundry Dryer, In Unit, Washer
Exterior
View Y/N true
View City Lights
Building
Lot Description Other
Sewer Public Sewer
Water Public
New Construction No
Others
Tax ID 2455814
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Listed by Nicholas Brown • Corcoran Icon Properties