$1,125,000
$998,000
12.7%For more information regarding the value of a property, please contact us for a free consultation.
282 Whitmore St Oakland, CA 94611
4,791 Sqft Lot
Key Details
Sold Price $1,125,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Subdivision Lower Rockridge
MLS Listing ID 40973282
Sold Date 01/05/22
HOA Y/N No
Year Built 1898
Lot Size 4,791 Sqft
Property Description
Marketing package copy/paste: https://bit.ly/kitehillre. 282 Whitmore Ave, is a cozy single family residence centrally located among Oakland’s most vibrant neighborhoods: Temescal, Rockridge & Piedmont Ave. The property however lives like a duplex & provides the following unit mix: Unit A: VACANT 2 bed, 1 bath, with an additional bonus room, UNIT B: 2 bed, 1 bath + detached converted garage/art studio. Current in place income from Unit B + converted garage is $3,020/month. Owner occupy buyers can enjoy more than 80%+- offset on their mortgage. The large lot size of 4,900 SF not only provides a lush environment to relax but also allows for potential to build an ADU. The property is currently zoned to allow high-density residential development. The land value could potentially be worth as much as the property with the house and the property could appreciate faster than a house based upon future development potential.
Location
State CA
County Alameda
Zoning RU-3
Interior
Heating Wall Furnace
Flooring Wood
Fireplace No
Building
Lot Description Back Yard, Garden
Others
Tax ID 13113541
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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Bought with Michael Thompson • Golden Gate Sothebys International Realty
The Wilkas Group - Lenore & Alexander Wilkas
Real Estate Advisors | License ID: 01343201 & 01355442