CA > Oakland > Glenview
Oakland, CA 94610,3622 Emerson ST
Oakland, CA 94610,3622 Emerson ST
Oakland, CA 94610,3622 Emerson ST
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The Warburton Team Brokered By EXp

The Warburton Team Brokered By EXp

+1(626) 630-2141
$898,000
Est. payment /mo
3,497 Sqft Lot
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Open House

Sun Oct 12, 12:00pm - 1:30pm

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Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Subdivision Glenview

MLS Listing ID 41110400

HOA Y/N No

Year Built 1913

Lot Size 3,497 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

Flooring Carpet, Vinyl, Wood

Fireplace No

Appliance Gas Water Heater, Dryer, Washer

Exterior

Parking Features Garage

Roof Type Shingle

Total Parking Spaces 1

Building

Lot Description Back Yard, Front Yard, Street Level

Sewer Public Sewer

Others

Tax ID 2348025

Acceptable Financing Cash, Conventional, 1031 Exchange, FHA, VA Loan

Listing Terms Cash, Conventional, 1031 Exchange, FHA, VA Loan

Virtual Tour https://3622emerson.com/mls

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CRMLS – RECore
Listed by Patrick MacCartee The GRUBB Company

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