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Listed by John L. Morra • CENTURY 21 Real Estate Alliance
$870,000
Est. payment /mo
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Square Footage 1,631 sqft
Price per Sqft $533
Subdivision Glenview
MLS Listing ID 41089838
Bedrooms 3
Full Baths 1
HOA Y/N No
Originating Board BAY EAST
Year Built 1925
Lot Size 1,700 Sqft
Property Sub-Type Detached
Property Description
This is a wonderful opportunity for an owner occupier to purchase not only their home to live in, but the new owners will have the ability to either move into or rent out the attached vacant ADU (market rents are at $2,2000/month for a 1 bedroom unit). Also, they can turn the ‘non-conforming' garage conversion ADU unit into a legal unit or back to a garage per their choice! At this price point, it makes sense to take a serious look at this offering. Per the county, this property is classified as a duplex. The disclosures will have additional information concerning the ‘non-conforming ‘garage conversion on what needs to be completed to make it legal or to remove and turn it back to a garage. There is value to the new buyer to make this a legal unit! Then you will have even more rental income coming in. Note: do not confuse the garage unit with the 1 bedroom vacant ADU. They are separate units. The upstairs occupied unit is currently renting for $3,195 / mo. There is the opportunity for new owners to vacate the upper unit if they plan to occupy the upstairs unit for their personal residence. That is allowed per the city of Oakland. This property resides in the much sought after Glenview neighborhood. See Disclosures.
Location
State CA
County Alameda
Interior
Heating Wall Furnace
Cooling None
Flooring Wood
Fireplaces Number 2
Fireplaces Type Family Room
Fireplace Yes
Laundry In Garage
Exterior
Garage Spaces 1.0
Pool None
Private Pool false
Building
Lot Description Level
Story 2
Water Public
Architectural Style Bungalow
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