Duplex
Listing Agent: Hui Kai Pi (DRE #02040659) · Listing Office: Realty ONE Group Future · Contact: 925-230-0700 · Bought with: Ignacio Arechiga · Ignacio Arechiga, Broker · MLS #41029786 · Source: CRMLS
5% CAP rate! EAST facing front door. Welcome to this charming duplex located in the heart of Old San Leandro! Just a short 10-minute stroll from BART station, this property offers convenient access to employment, restaurants, and banks. This duplex presents an exciting investment opportunity with a fantastic 5.0% cap rate. The duplex features two spacious units the front unit offers a large 1br 1ba with spacious living room, while the rear unit showcases a large 1br 1ba. Each unit has built-in laundry room. Both units are thoughtfully designed and provide a comfortable living experience for tenants. The open floor plan maximizes the use of space, creating an inviting ambiance for residents. This house has an unique 150 sq ft 6 feet tall finished basement with windows that you can use as an office or storage. Outside, a well-maintained yard surrounds the property, providing a serene retreat for tenants to relax and enjoy. The low maintenance backyard offers plenty of fruit trees, orange, apricot, plum, peach, guava and pineapple trees. Parking is hassle-free with 2 extra large detached car garage each 24 ft deep and 11' 6" wide. These 2 units has a connecting doorway that can be close off or opened to make this a single story single family home for extended family.
Listing description from the July 2023 sale, as reported to CRMLS.