Residential Income - 1024 Elsinore Ave, Oakland, CA

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.

Property details

Location

1024 Elsinore Ave • Oakland, CA 94602

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