Bought with Mei Tang Ramsell Real Estate Inc
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Key Details
Sold Price $860,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,265 sqft
Price per Sqft $379
MLS Listing ID 41134780
Year Built 1911
Lot Size 4,445 Sqft
Property Sub-Type Duplex
Property Description
High-Cash Flow Multi-Unit Property in Highland Terrace. Don't miss this exceptional investment opportunity in the highly desirable Highland Terrace neighborhood. This multi-unit property is ready for you to place tenants at market rent—or move in and house-hack while generating strong income. The main level features a spacious 4B/2B unit with a large living and dining room adorned with traditional crown molding. The kitchen includes Cherrywood cabinets and all appliances—making it ideal as a comfortable primary residence. The garage has been thoughtfully converted into a separate 2B/1B unit, offering even more income potential. Back unit is a fully independent 2B/1B unit with its own PG&E and water meters, full kitchen, and bathroom—perfect for separate tenants or extended family. The home sits on a generous lot with a decent-sized backyard, a wide driveway, and an automatic security gate for added convenience and privacy. Market rent estimates from Rentometer.com: * 4B/2B main unit: $3,500/month * Upper 2B/1B unit: $2,700/month * Lower 2B/1B converted unit: $2,500/month That's a potential gross rental income of $8,700/month, offering a rare opportunity for both investors and savvy buyers looking to live in one
Location
State CA
County Alameda
Interior
Heating Electric, Forced Air
Cooling Other
Flooring Laminate, Tile, Wood, Other
Building
Lot Description 2 Houses / 1 Lot, Level, Back Yard
Water Public
Others
Special Listing Condition Standard
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