Oakland, CA 94610,3622 Emerson ST
Oakland, CA 94610,3622 Emerson ST
Oakland, CA 94610,3622 Emerson ST
42
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$898,000
Est. payment /mo
3,497 Sqft Lot
Price Dropped by $97K

3622 Emerson ST Oakland, CA 94610

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Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Subdivision Glenview

MLS Listing ID 41110400

HOA Y/N No

Year Built 1913

Lot Size 3,497 Sqft

Property Sub-Type Duplex

Property Description

A rare opportunity to own a high-performing duplex in one of Oakland's most desirable neighborhoods. This bright Craftsman property combines timeless architecture with strong financial fundamentals—offering both stability and upside. The front unit (4BD/2BA, ~1,800 sqft) retains its original wood detailing, built-ins, and vintage charm, while the rear 1BD/1BA unit—currently rented at market rate—delivers steady income and minimal vacancy risk. Together, they create a CAP rate of approximately 6.5%, an exceptional figure for Glenview's premium location. Recent upgrades, including the removal of knob-and-tube wiring, electrical updates, and refreshed interiors, reduce long-term maintenance costs and enhance reliability. Both units feature independent laundry hookups, and the detached garage offers ADU potential or added storage. Located just one mile from Lake Merritt and the Lakeshore Avenue retail corridor, this property appeals equally to investors and owner-occupants seeking to offset their mortgage—where the rear unit's rent can cover nearly half the payment. With strong tenant demand, convenient freeway access, and limited supply of quality duplexes in this area, 3622 Emerson stands out as one of Oakland's best value buys. View floor plans ? 3622Emerson.com/mls

Location

State CA

County Alameda

Interior

Heating Wall Furnace

Flooring Carpet, Vinyl, Wood

Fireplace No

Appliance Gas Water Heater, Dryer, Washer

Exterior

Parking Features Garage

Roof Type Shingle

Total Parking Spaces 1

Building

Lot Description Back Yard, Front Yard, Street Level

Sewer Public Sewer

Others

Tax ID 2348025

Acceptable Financing Cash, Conventional, 1031 Exchange, FHA, VA Loan

Listing Terms Cash, Conventional, 1031 Exchange, FHA, VA Loan

Virtual Tour https://3622emerson.com/mls


CRMLS – RECore
Listed by Patrick MacCartee The GRUBB Company
Sandy Rodriguez
Sandy Rodriguez

Real Estate Professional | License ID: 01908969

+1(619) 309-7405 | sandy@sandysellssocal.com

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3622 Emerson ST