2302 Adeline St, Oakland, CA 94607

About this duplex

High-income producing Duplex located in West Oakland neighborhood. Current CAP RATE is 6.12% and have possible rental increases for each unit in the next year providing large upside on cap to 9.51%. The structure is routinely inspected and kept in good condition with newly painted entryway, railings, and complete exterior. Exceptionally large backyard well-suited for possible ADU addition. Parcel also includes a sizeable Billboard on-site and collects annual income. Tremendous upside potential. For more info or disclosures text/email listing agent.

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

Sale history

$820,000

Sold March 2023 · listed $849,000, orig. $850,000, on market November 2022 · MLS #41015002 · Source: CRMLS

Listing Agent: Conner Applegate · Listing Office: Corcoran Icon Properties · Contact: 510-428-0900 · Bought with: Non-member 999999 · Datashare BAREIS Default Office Don't Delete

$650,000

Sold November 2016 · on market July 2016 · MLS #40751075 · Source: CRMLS

Listing Agent: KEITH K. NGUYEN · Listing Office: HOMEMAX · Contact: 510-533-3737 · Bought with: KEITH K. NGUYEN · HOMEMAX

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