1621 E 38Th St
Oakland, CA 94602
0.04 acres | #41089839
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. 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.
Property Details
- Property TypeMulti-Family
- Lot DescriptionStreetLevel
- Sewer InformationPublicSewer
- Original List Price$870,000
- MLS #41089839
- MLS #41089839
- CountyAlameda
- Cost870000
- Property SubtypeDuplex
- Acres0.039
- Year Built1925
Location
Legal
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. as of the most recent time synced and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
Last Updated: . Source: CRMLS
Listing Courtesy
Listing Agent: John L. Morra (#CCBE-206533157)
Listing Office: CENTURY 21 Real Estate Alliance (#CCBE-SRUT04)
Interested in Purchasing 1621 E 38Th St?
Get an estimate on monthly payments on this property.
Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.
