642 Douglas Avenue, Oakland, CA 94603

$595,000
1,514
SqFt

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List Price
$595,000
Status
ACTIVE
MLS#
ML82053802
Days on Market
62
Year Built
1963
Property Type
Duplex
Living Area
1,514
Lot Size
5,000
Acres
0.11
County
Alameda
Subdivision
Ca

Property Description

This turn-key Oakland duplex is a premier opportunity for investors or house-hackers looking to generate immediate cash flow. This 4-bedroom, 2-bathroom property is perfectly split into two mirror-image, top-and-bottom 2BR/1BA units. The bottom unit has been freshly renovated to attract top of market rent tenants and will keep overhead low for years to come. The interior shines with a fresh coat of paint and newly updated flooring, providing a modern, low-maintenance aesthetic that is ready for occupancy the day you close. Situated in a central location near Brookfield Village, the property offers easy access to I-880, Oakland International Airport, and the Coliseum, making it a highly desirable spot for commuters and those who are locally employed. With the heavy lifting of renovations already complete, you can skip the "fixer-upper" phase and move straight to maximizing your ROI. Whether you're looking to offset your mortgage by living in one unit or want a hands-off addition to your portfolio, this duplex is a savvy, high-yield asset in a growing market.

Additional Information

School District
Oakland (510) 879-8111
Elementary School
Oakland (510) 879-8111
High School
Oakland (510) 879-8111

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Calculator source: Real Geeks

Listing courtesy of Alexander Nichols from eXp Realty of California Inc. 650-575-4069