Kite Hill Real Estate - East Bay Investment Experts

Sold
1669 16th Street Oakland, CA 94607
Sold Price $950,000
List Price $888,000
beds
0 baths
1,800 sq ft

Courtesy of Jatin Mehta, Kite Hill Real Estate.

Contact Me to Learn More

Jatin Mehta

Jatin Mehta

Broker

LIC#02045713

Property Description

To access marketing package copy/paste: https://bit.ly/kitehillre. This West Oakland duplex presents an excellent opportunity for an owner-occupant buyer to offset their monthly mortgage by $2,750. The vacant upstairs unit, a 3-bed, 1-bath with soaring ceilings and a huge great room, is move-in ready. The first-floor unit, a 2-bed, 1-bath, is currently occupied. Both units have been tastefully remodeled with in-unit laundry, new windows, updated kitchens and bathrooms, as well as new roofing and a freshly painted exterior. With gated parking for one vehicle, the wonderful, sun-drenched backyard includes a detached structure, perfect to use for storage or as a workspace. Located in the popular neighborhood of Prescott, the property is walking distance to BART, as well as the sunny pathways, bike lanes, and shops along Mandela Parkway. An array of boutique shops and restaurants in Old Oakland and Jack London Square are just a short drive away, and SF is only 1 BART stop away.

Property Details & Features

Property Type

  • Duplex

Year Built

  • 1895

Basement

  • None

House

  • Building type: DUPLEX
  • $2 total units
  • Built in 1895
  • $1,800 building square feet

Cooling

  • No Air Conditioning

Exterior Features

  • Wood Siding

Floors

  • Laminate
  • Tile

Water

  • Sewer System – Public

Heating

  • Electric

Laundry

  • Dryer
  • Inside Unit
  • Washer
  • In Kitchen

Listing

  • Listed on 2021-04-12
  • Sale/rent: For Sale
  • Status: Sold
  • $493 per square foot
  • Total deposits: 0
  • Written Agreement

Location

  • Area: Oakland Zip Code 94607
  • District/neighborhood/subdivision: OAKLAND WEST
  • Cross street: Willow Street
  • Directions to property: 16th Street btwn Willow & Campbell
  • County: Alameda

Lot

  • Approximately 0 acres
  • Lot is approximately $3,225 square feet
  • Regular
  • Back Yard
  • Fenced
  • Storage
  • Back Yard Fence
  • Low Maintenance
  • Wood Fencing
  • Yard Space

Miscellaneous

  • Annual vacancy expense: $0
  • Annual maintenance expense: $0
  • Annual rental income: $72,000
  • Annual misc. income: $0
  • Annual gross fee income: $0
  • Gross operating income: $0
  • Annual gross sched. Income: $0
  • Net operating income:
  • Annual insurance expense: $0
  • Annual management expense: $0
  • Annual utility expense: $0
  • Other annual expense: $0
  • Total operating expense: $0
  • None

Parking

  • $1 total parking space
  • Street Parking

Property

  • Zoning: RM-2
  • Additional property description: Don’t miss this great investment property in flourishing West Oakland!

Roof

  • Composition Shingles

Taxes

  • Annual taxes: $0

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