Glenview Duplex – Strong Income Property with Competitive Returns Excellent investment opportunity in Oakland’s desirable Glenview neighborhood. This bright Craftsman duplex features a spacious front unit (4BD/2BA, ~1,800 sqft) with original details and charm, plus a rear 1BD/1BA unit rented at market rate. A detached garage offers additional storage or potential for ADU conversion. Both units have seperate washer/dryer. The property boasts a competitive GRM of 13.4 and a CAP rate of 5.5%, making it a compelling addition to any residential income portfolio. Recent upgrades throughout (including removal of knob-and-tube wiring) reduce future maintenance costs and increase long-term stability. With its location just a mile from Lake Merritt and Lakeshore’s retail district, plus immediate freeway access for commuters, this property is well-positioned to attract quality tenants. For floor plans - https://3622emerson.com/mls
For sale
Price cut: $97K (10/10)
$898,000
3622 Emerson St, Oakland, CA 94610
5beds
3baths
2,428sqft
Est.:
Duplex
Built in 1913
-- sqft lot
$-- Zestimate®
$370/sqft
$-- HOA
What's special
Original details and charmDetached garageSpacious front unit
- 40 days |
- 892 |
- 50 |
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