$1,540,000
$1,299,888
18.5%For more information regarding the value of a property, please contact us for a free consultation.
7 Beds
4 Baths
2,541 SqFt
SOLD DATE : 04/22/2022
Key Details
Sold Price $1,540,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 2,541 sqft
Price per Sqft $606
Subdivision Laurel District
MLS Listing ID 40985788
Sold Date 04/22/22
Bedrooms 7
Full Baths 4
HOA Y/N No
Year Built 1906
Lot Size 5,998 Sqft
Property Description
GOLD MINE in the Laurel! Amazing opportunity to own this revenue-generating compound with a total of 7 bedrooms and 4 bathrooms. The charming detached main house has 3 bedrooms, 2 baths, a new stainless steel kitchen, quartz countertops, new bathroom finishes, new everything. The revenue-generating duplex in the back is comprised of 2 units both with 2 bedrooms, 1 bath, and currently generates $5,400 in rental income. It's a great opportunity to live in the vibrant Laurel Village and receive rental income to offset your mortgage. The entire compound is new construction (2019) keeping your maintenance extremely low, highly efficient, and giving you peace of mind. All units have their own gas, electric, water meters so the owner only pays for garbage and sewer. The main house historically rents for $3,800 for a total potential rental income of $9,200. Great location with close access to 580, and vibrant retail districts with gyms, grocery, microbrewery, restaurants, and hardware store
Location
State CA
County Alameda
Interior
Heating Forced Air, Natural Gas
Cooling Central Air
Flooring Laminate, Vinyl
Fireplaces Type None
Fireplace No
Appliance Gas Water Heater
Exterior
Parking Features Carport, Off Street, One Space
Garage Spaces 5.0
Garage Description 5.0
Pool None
Roof Type Shingle
Attached Garage No
Total Parking Spaces 5
Private Pool No
Building
Lot Description Back Yard, Front Yard
Story One
Entry Level One
Sewer Public Sewer
Architectural Style Contemporary
Level or Stories One
Others
Tax ID 3019202
Acceptable Financing Cash, Conventional, 1031 Exchange
Listing Terms Cash, Conventional, 1031 Exchange
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Bought with Linda Yu • Compass
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "