2302 Adeline Street

Oakland, CA 94607

$820,000
Last Sold Price
8
Beds
4
Baths
2,460 Sq. Ft.
$333 / Sq. Ft.
2,460
Sq. Ft.
$333
per Sq. Ft.

Description

High-income producing Duplex located in West Oakland neighborhood. Current CAP RATE is 6.12% and have possible rental increases for each unit in the next year providing large upside on cap to 9.51%. The structure is routinely inspected and kept in good condition with newly painted entryway, railings, and complete exterior. Exceptionally large backyard well-suited for possible ADU addition. Parcel also includes a sizeable Billboard on-site and collects annual income. Tremendous upside potential. For...High-income producing Duplex located in West Oakland neighborhood. Current CAP RATE is 6.12% and have possible rental increases for each unit in the next year providing large upside on cap to 9.51%. The structure is routinely inspected and kept in good condition with newly painted entryway, railings, and complete exterior. Exceptionally large backyard well-suited for possible ADU addition. Parcel also includes a sizeable Billboard on-site and collects annual income. Tremendous upside potential. For more info or disclosures text/email listing agent.
  1. Listed by Conner Applegate • DRE #01938041 • Corcoran Icon Properties

Property Details for 2302 Adeline Street

City
OAKLAND
Dist Neighborhood Subdiv
WEST OAKLAND
Building Type
DUPLEX
Property Sub Type
DUPLEX
Garage Spaces
0
Garage/Parking
Off-Street Parking
Park Spaces Total
2
Total # Parking Spaces
2

Location

Listing Courtesy of Corcoran Icon Properties, Conner Applegate, DRE #01938041

Sold By Datashare BAREIS Default Office Don't Delete, Non-member 999999, DRE #BAR10134

Add your commute
LISTING UPDATED: 03/28/2023 03:00 AM

Property Details for 2302 Adeline Street

StatusSold
MLS #41015002
Days on Compass56
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / DUPLEX
Year Built1883
Lot Size0.11 AC / 4,953 SF
CountyAlameda County

Location

Listing Courtesy of Corcoran Icon Properties, Conner Applegate, DRE #01938041

Sold By Datashare BAREIS Default Office Don't Delete, Non-member 999999, DRE #BAR10134

Add your commute

Building Information for 2302 Adeline Street

Stories-Residences2Year Built1883Building Size-Lot Size0.11 AC / 4,953 SF

Payment Calculator

$5,489 per month

30 year fixed, 7.25% Interest

Principal and Interest

$4,475

Property Taxes

$1,014

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 2302 Adeline Street

Features
Feature Details
  • Flooring: Hardwood Floors, Carpet
  • Laundry: Other
Room Details
  • Rooms Total: 0
  • Bathrooms Total Count: 0.0
  • Bathrooms Half: 0
Utility Details
  • Cooling: Ceiling Fan(s)
  • Heating: Wall Furnace
  • Water/Sewer: Sewer System - Public, Water - Public
Lot / Property Details
Home Owners Association
  • HOA Amenities: Other
  • HOA Dues: $.00
Property Details
  • Additional Equipment: Other
  • City Transfer Tax: Yes
  • Exterior: Other
  • Lot Description: Backyard
  • Lot Sq Ft Apx: 4953
  • Lot Size Square Feet: 4953.0
  • Roof: Composition Shingles
  • Sq Ft Apx: 2460
  • Stories: 0.0
  • Yard Description: Back Yard
  • Year Built: 1883
  • Acres: 0.11
Location Details
  • Directions to Property: 880/Wgrand/Adeline
  • FIPS Code: 06001
  • Parcel Number: 5-427-4
  • Printed Neighborhood Rpt: Yes
  • Board ID: Bridge AOR
Multi Family Information
General Details
  • Units Total: 2
  • Basement: None
  • Parking Description: Off Street Parking
  • Existing Lease Terms: Month to Month
  • Tenant Pays: Electric, Gas
  • Financial Data Source: Owner
Income / Expense Details
  • Annual Gross Sched Income: $70,800
  • Net Operating Income: $52,060
  • Annual Total Oper Expense: $18,740
Unit 1 Details
  • Unit #/Address - 1: A
  • Occupied By 1: Tenant
  • Dining Room 1: Yes
  • Air Cond 1: No
  • Refrigerator 1: Yes
  • Range/Oven 1: Yes
  • Bedrooms 1: 4
  • Bathrooms 1: 2
  • Parking Spaces 1: 1
  • Apx Sq Ft 1: 1230
  • Rent 1: 2500
Unit 2 Details
  • Unit #/Address - 2: B
  • Occupied By 2: Tenant
  • Dining Room 2: Yes
  • Air Cond 2: No
  • Refrigerator 2: Yes
  • Range/Oven 2: Yes
  • Bedrooms 2: 4
  • Bathrooms 2: 2
  • Parking Spaces 2: 1
  • Apx Sq Ft 2: 1230
  • Rent 2: 3300
Unit 3 Details
  • Unit #/Address - 3: Billboard
  • Rent 3: 102
Multi Family 5+ Information
Building Details
  • ADDTL MISC FEATURES: Other
Income / Expense Details
  • Gross Rent Multiplier: $0
Other Financial Information
  • Cap Rate: 0.0
Additional Information
Additional Information
  • Fireplace: No

Property History for 2302 Adeline Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 2302 Adeline Street

Taxable ValueLand$217,522Additions$507,552Total$725,074
Tax Record2023$12,169 ($1,014 / month)
Home Facts
Total Finished SqFt2,460 SqFtAbove Grade Finished SqFt2,460 SqFtStories2Lot Size4,953 SqFtStyleDuplexYear Built1883CountyALAMEDAAPN5-427-4

Schools near 2302 Adeline Street

This home is within Oakland Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Charter - 6 to 12
Rating
School
Distance
Martin Luther King, Jr. Elementary School
PublicK to 5

West Oakland Middle School
Public6 to 8

Mcclymonds High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Corcoran Icon Properties, Conner Applegate, DRE #01938041

Based on information from one of the following Multiple Listing Services: San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.