Oakland, CA 94602,1621 E 38Th St
Oakland, CA 94602,1621 E 38Th St
Oakland, CA 94602,1621 E 38Th St
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Listed by John L. Morra • CENTURY 21 Real Estate Alliance
$870,000
Est. payment /mo
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1,631 SqFt
Active

1621 E 38Th St Oakland, CA 94602

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Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 1,631 sqft

Price per Sqft $533

MLS Listing ID 41089839

HOA Y/N No

Originating Board BAY EAST

Year Built 1925

Lot Size 1,700 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 the now vacant 3 bedroom unit and 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 Other

Cooling Other

Flooring Hardwood, Laminate, Tile

Fireplace Yes

Appliance Dryer, Washer

Building

Lot Description Level, Premium Lot

Water Public


Bay East AOR and Contra Costa AOR

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agent

Kenneth Er

Agent | License ID: 01942269

+1(510) 828-8572

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1621 E 38Th St