1072 56th Oakland, CA 94608

Located at the border of Berkeley and Emeryville. Minutes to highway 80, 580 and 24. Minutes to Bay Bridge. Quiet street surrounding by single family houses. Investment opportunity. Excellent for owner occupied. Large lot for redevelopment. The back yard is huge and good for adding an ADU. Spacious main unit upstairs ideal for owner use. Multiple upgrades including new sewer lateral, newer appliances upstairs unit, stove, furnace. Quartz countertops. sidewalk pavement, building stairs, plumbing and studio new refrigerator etc. All tenants are on month to month terms. Rents below market. No rent increase in the past 6 years. Potential easy rent increase to market rents. Current CAP rate 4.78%. Easily reach market CAP rate 6.1%.