1900 22nd Ave, Oakland, CA 94606

About this duplex

6.02% Cap rate on this well-maintained Duplex in San Antonio neighborhood. 2 mins walking distance to Garfield Elementary and Roosevelt Middle. Great investment due to its proximity to schools and freeway. Either rent both out for 6.02% cap rate or live in one and collect rent on the existing tenant and have the property pay for itself. Low maintenance backyard and each unit comes with 2 bedrooms, 1 full bathroom and 1 attached car garage. Plenty of storage for each unit. All units individual metered. $4,750/month in gross rent ($57,000/yr). Operating expenses are $14,868/yr. Net operating income (NOI) $42,132/yr! 6.02% cap rate! DON'T miss this! Buy this for the new year 2023.

Listing description from the February 2023 sale, as reported to CRMLS.

Sale history

$688,000

Sold February 2023 · listed $699,999, on market September 2022 · MLS #41010244 · Source: CRMLS

Listing Agent: Hui Kai Pi · Listing Office: Realty ONE Group Future · Contact: 925-230-0700 · Bought with: Hui Kai Pi · Realty ONE Group Future

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