3622 Emerson ST Open House Save Request In-Person Tour Request Virtual Tour
Oakland,CA 94610
OPEN HOUSE
Sun Sep 14, 1:00pm - 3:00pm Sat Sep 13, 1:00pm - 3:00pm
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 2,428 sqft
Price per Sqft $409
Subdivision Glenview
MLS Listing ID 41110400
Year Built 1913
Lot Size 3,500 Sqft
Property Sub-Type Duplex
Property Description
Glenview Duplex – Strong Income Property with Competitive Returns Excellent investment opportunity in Oakland's desirable Glenview neighborhood. This bright Craftsman duplex features a spacious front unit (4BD/2BA, ~1,800 sqft) with original details and charm, plus a rear 1BD/1BA unit rented at market rate. A detached garage offers additional storage or potential for ADU conversion. Both units have seperate washer/dryer. The property boasts a competitive GRM of 13.4 and a CAP rate of 5.5%, making it a compelling addition to any residential income portfolio. Recent upgrades throughout (including removal of knob-and-tube wiring) reduce future maintenance costs and increase long-term stability. With its location just a mile from Lake Merritt and Lakeshore's retail district, plus immediate freeway access for commuters, this property is well-positioned to attract quality tenants. For floor plans - https://3622emerson.com/mls
Location
State CA
County Alameda
Interior
Heating Wall Furnace
Cooling No Air Conditioning
Flooring Vinyl,Carpet,Wood
Laundry Dryer,Laundry Room,Washer,Washer/Dryer Stacked Incl
Building
Lot Description Level