1075 53Rd St

Description

1075 53rd Street was constructed circa 1912 per property records with wood frame and pitched composite roof. A second rear unit 1077 53rd street appears to be newer construction and was likely added at a later date. The subject property consists of a spacious four-bedroom/three-bath front unit (1075 53rd) with basement and a rear unit of three-bedroom/two baths with a balcony and patio deck (1077 53rd). Currently configured as a duplex the property has three separate electric and two gas meters and appears to originally be zoned as a triplex (buyer to verify with City of Oakland and seller nor agent make any guarantees). The front unit is perfect for an owner/user and contains in-unit washer/dryer, renovated kitchen, renovated bathrooms, hardwood floors, newer appliances and fixtures, and a large basement. The rear unit is in need of renovation and upgrade, and consists has a kitchen and living room, one downstairs bedroom and bathroom, and two upstairs bedrooms with a shared bathroom, and a deck. Both units will be delivered vacant at the close of escrow. The subject property offers a buyer the opportunity to acquire a well configured property, at a great cost per square foot, for income potential, or to owner occupy.

Listing information courtesy of: Jon Holmquist, Marcus & Millichap 415-625-2117. *Based on information from the Association of REALTORS/Multiple Listing as of 01/25/2025 and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.