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Listing 14 out of 492
$1,150,000 Active - Contingent

2012 Chestnut St
Oakland, CA 94607

3 units | Multi Family Home
4356 sq ft - MLS# 40856813 Courtesy of Asia Pacific Groups, Piotr Hutyra
Property Photo
1/19

Description

Rare opportunity for investors or owner users alike to own two houses on one lot located at the heart of vibrant West Oakland. This spacious single family home features 3 bedrooms and 2 baths on the main level, a 1 bedroom and 1 bath in-law on the ground level, and a newly built 1 bedroom and 1 bath cottage at the back of the lot. The property has been stripped to bare studs and extensively remodeled in 2017. The units feature modern open concept floor plans, remodeled kitchens with premium appliances, remodeled baths, ample storage, and designer finishes throughout. Ideally located within walking distance to local BART Stations, shops, restaurants, mere minutes from the Emeryville shopping centers, and freeway access.

Features

  • Property Type: Multi Family Home
  • Sub Type: 2HOUSES-1LOT
  • Listing Status: Active - Contingent
  • County/Area: Alameda County
  • Zip Code: 94607
  • Year Built: 1905
  • Age: 114
  • Subdivision/Neighborhood: West Oakland
  • Units: 3 units
  • Basement: Apt In Basement, Finished, Separate Entry, Storage Area
  • Lot Size: 4356 sq ft
  • Addtl Misc. Features: Extra Storage, Garden
  • Annual Expense Year: 2019
  • Annual Gross Sched Income: $85,623
  • Annual Insurance Expense: $700
  • Annual Maintance Exp: 1200
  • Annual Management Expense: $5,137
  • Annual Rental Inc: 85623
  • Annual Total Oper Exp: 26509
  • Annual Utility Expense: $1,026
  • Cooling: No Air Conditioning
  • Equipment Additional: Tankless Water Heater
  • Existing Lease Terms: Written Agreement
  • Exterior: Dual Pane Windows, Wood Shingles
  • Flooring: Hardwood Floors, Laminate, Tile
  • Heating: Central Gravity, Electric, Gas
  • Laundry: Dryer, In Garage, Inside Unit, Laundry Equip - Owned, Washer
  • Lot Description: 2 Houses/1 Lot, Level, Regular
  • Lot Sq Ft Apx: 4224
  • Net Operating Income: $59,114
  • Other Units: Detached Cottage(S)
  • Park Spc Tot: 2
  • Parking Description: Attached Garage, Off Street Parking
  • Roof: Composition Shingles
  • Separate Meters: Electric, Gas
  • Some Units Have: Dishwasher, Disposal, Updated Baths, Updated Kitchen, Fireplaces
  • Tenant Pays: Electric, Gas, Water
  • Total Deposits: 6950
  • Unit 1: 3-Bedrooms, 2-Bathrooms, 2-Parking Spaces
  • Unit 2: 1-Bedrooms, 1-Bathrooms
  • Unit 3: 1-Bedrooms, 1-Bathrooms
  • Water/Sewer: Sewer System - Public, Water - Public
  • Yard Description: Back Yard, Fenced, Front Yard
Courtesy of Asia Pacific Groups, Piotr Hutyra

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