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$ 880,000
Est. payment /mo
Active
1627 94th Ave Oakland, CA 94603
7,000 Sqft Lot
UPDATED:
09/30/2024 06:41 PM
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
MLS Listing ID 41056162
HOA Y/N No
Year Built 1950
Lot Size 7,000 Sqft
Property Description
Rare cashflow opportunity with seller financing available! 2 houses on one lot; Both newly renovated with new Roof, windows, flooring, paint, and more. Separated meters and sewer lateral compliant. Both units are stabilized for market rent through section 8. Also comes with approved ADU plans. The front house features 4 bedrooms, 2 baths and onsite laundry facilities. The back unit has 3 bedrooms, 2 baths plus a bonus room and on site laundry hookups. Current annual gross of $79,140.00 with an expected net operating income of over $10,000.00 per year with existing deal structure. This won't last.
Location
State CA
County Alameda
Interior
Heating Wall Furnace
Flooring Laminate
Fireplace No
Appliance Gas Water Heater, Dryer, Washer
Exterior
Parking Features Carport
Roof Type Shingle
Total Parking Spaces 6
Building
Lot Description Back Yard, Front Yard
Sewer Public Sewer
Others
Tax ID 46543417
Acceptable Financing Cash, Conventional, 1031 Exchange, FHA
Listing Terms Cash, Conventional, 1031 Exchange, FHA
Listed by Quan Zou • Fathom Realty Group, Inc