Property Detail

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