Property Description

This is a wonderful opportunity for an owner occupier to purchase not only their home to live in, but the new owners will have the ability to either move into or rent out the attached vacant ADU (market rents are at $2,2000/month for a 1 bedroom unit). Also, they can turn the ‘non-conforming’ garage conversion ADU unit into a legal unit or back to a garage per their choice! At this price point, it makes sense to take a serious look at this offering. Per the county, this property is classified as a duplex. The disclosures will have additional information concerning the ‘non-conforming ‘garage conversion on what needs to be completed to make it legal or to remove and turn it back to a garage. There is value to the new buyer to make this a legal unit! Then you will have even more rental income coming in. Note: do not confuse the garage unit with the 1 bedroom vacant ADU. They are separate units. The upstairs occupied unit is currently renting for $3,195 / mo. There is the opportunity for new owners to vacate the upper unit if they plan to occupy the upstairs unit for their personal residence. That is allowed per the city of Oakland. This property resides in the much sought after Glenview neighborhood. See Disclosures.

Features
: Wall Furnace
: No Solar
: Family Room
2
: Wood
1
: In Garage
: Level
: Attached, On Street, Converted Garage
: Other
Address Map
CA
Alameda
Oakland
94602
1621 E 38Th St
0
W123° 46' 38.6''
N37° 48' 10.5''
MapQuest It
Glenview
MLS Addon
CENTURY 21 Real Estate Alliance
John L. Morra
morra.johnl@gmail.com
: Bungalow
: Stucco
: Two Story
206533157
SRUT04
: Existing
: Public

Residential For Sale

1621 E 38Th St, Oakland, California 94602

3 Bedrooms
1 Bathrooms
1,631 Sqft
$870,000
Listing ID #41089838
Basic Details
Property Type : Residential
Listing Type : For Sale
Listing ID : 41089838
Price : $870,000
Bedrooms : 3
Rooms : 10
Bathrooms : 1
Square Footage : 1,631 Sqft
Year Built : 1925
Lot Area : 1,700 Sqft
Bathrooms Total : 1
Status : Active
Property SubType : Single Family Home
Agent info
Michael Roberts
Contact Agent