Bought with Michael Thompson • Golden Gate Sothebys International Realty
$1,125,000
$998,000
12.7%For more information regarding the value of a property, please contact us for a free consultation.
4 Beds
2 Baths
2,260 SqFt
SOLD DATE : 01/05/2022
Key Details
Sold Price $1,125,000
Property Type Single Family Home
Sub Type Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 2,260 sqft
Price per Sqft $497
Subdivision Lower Rockridge
MLS Listing ID 40973283
Sold Date 01/05/22
Bedrooms 4
Full Baths 2
HOA Y/N No
Originating Board Bridge AOR
Year Built 1898
Lot Size 4,900 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 $3,195/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
Interior
Heating Wall Furnace
Cooling None
Flooring Hardwood
Fireplaces Type None
Fireplace No
Appliance Disposal, Free-Standing Range, Refrigerator, Dryer, Washer
Laundry Dryer, Washer, Inside Room
Exterior
Pool None
Parking Type Workshop in Garage, On Street, Uncovered Parking Space
Private Pool false
Building
Lot Description Regular
Story 2
Water Public
Architectural Style Cottage
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