Marketing package copy/paste: https://bit.ly/kitehillre. 282 Whitmore Ave, is a cozy single family residence centrally located among Oakland’s most vibrant neighborhoods: Temescal, Rockridge & Piedmont Ave. The property however lives like a duplex & provides the following unit mix: Unit A: VACANT 2 bed, 1 bath, with an additional bonus room, UNIT B: 2 bed, 1 bath + detached converted garage/art studio. Current in place income from Unit B + converted garage is $3,195/month. Owner occupy buyers can enjoy more than 80%+- offset on their mortgage. The large lot size of 4,900 SF not only provides a lush environment to relax but also allows for potential to build an ADU. The property is currently zoned to allow high-density residential development. The land value could potentially be worth as much as the property with the house and the property could appreciate faster than a house based upon future development potential.
