1024 Elsinore Ave, Oakland, CA 94602

$1,239,000

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List Price
$1,239,000
Status
ACTIVE
MLS#
41151161
Year Built
1919
Lot Size
4,400
Acres
0.10
Days on Market
11
Property Type
Multifamily
Property Sub Type
Duplex
Neighborhood
Glenview

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.

Additional Information

Appliances
Dryer, Washer
Heat
Wall Furnace
Cooling
Yes
View
City Lights
Exterior Construction
Stucco
Roof
Shingle
Attached Structure
Detached
Number Of Units Total
2

Listing courtesy of Listing Agent: Nicholas Brown (Nicholas.Brown@CorcoranIcon.com) from Listing Office: Corcoran Icon Properties.

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.