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704 Rand Ave

Oakland
$1,199,000
6 bd · 3 ba · 2,584 sqft
About this home

Historic property in the heart of Grand Lake/Lakeshore. Are you looking for an amazing location? This is it! Located just a few steps from Grand Ave, Grand Lake Theater, Grand Lake Farmers Market, Lake Merritt. This multi-family/single-family hybrid features a 4-bed main unit & a 2-bed legal in-law (totaling 6 beds & 3 full baths). The main unit has one kitchen, but can be used as 2 separate units, so 3 units total. Each of the 3 have separate entrances. Built in 1912, with approx 2584 total sf, per appraisal, on a 5500sf lot. Private driveway parking for 11 cars (possible additional income stream)! Hardwood floors throughout, tankless water with individual laundry hookups. Zoned for up to 7 units for future expansion. Main unit kitchen and one bathroom has been updated with new floors, new stainless appliances, counters, vanity, tub. Current 2 bedroom tenant pays $1753/month. Floorplan pics do not include the lower unit. Sewer lateral and sidewalk are compliant.

Listing courtesy of Michael Young, HomeSmart Bay Area
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(510) 694-8261

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