642 Douglas Avenue, Oakland, CA, CA 94603

$595,000
1,514
SqFt

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List Price
$595,000
Status
ACTIVE
MLS#
ML82053802
County
Alameda
Year Built
1963
Building Square Feet
1,514
Square Feet
5,000
Days on Market
21
Property Type
Multifamily

Property Description

This turn-key Oakland duplex is a premier opportunity for investors or house-hackers looking to generate immediate cash flow. This 4-bedroom, 2-bathroom property is perfectly split into two mirror-image, top-and-bottom 2BR/1BA units. The bottom unit has been freshly renovated to attract top of market rent tenants and will keep overhead low for years to come. The interior shines with a fresh coat of paint and newly updated flooring, providing a modern, low-maintenance aesthetic that is ready for occupancy the day you close. Situated in a central location near Brookfield Village, the property offers easy access to I-880, Oakland International Airport, and the Coliseum, making it a highly desirable spot for commuters and those who are locally employed. With the heavy lifting of renovations already complete, you can skip the "fixer-upper" phase and move straight to maximizing your ROI. Whether you're looking to offset your mortgage by living in one unit or want a hands-off addition to your portfolio, this duplex is a savvy, high-yield asset in a growing market.

Additional Information

Parcel Number
045536602401
Gross Scheduled Income
$48,000
Number of Buildings
1
Appliances
Refrigerator, Vented Exhaust Fan
Heat
Wall Furnace
Cooling
Yes
Roof
Flat
Sewer
Public Sewer
Water
Public
School District
Other

Listing courtesy of Listing Agent: Alexander Nichols (zander@porchlightbayarea.com) from Listing Office: eXp Realty of California Inc.

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Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.