Gorgeous, fully renovated, 12-bedroom house in Lake Merritt/Grand Lake offering a variety of options for both owner-occupants and investors. Entire building to be delivered vacant at closing. All the bedrooms were previously rented individually and the income averaged approximately $20,000/month. The front house offers 11 bedrooms, 4.5 bathrooms and in the backyard there is a 1-bedroom, 1-bathroom ADU. The entire property has been fully renovated with new electrical and plumbing systems, new HVAC systems, solar, custom tile, custom lighting, hardwood floors, double pane windows, and more. The kitchen was expanded and fully remodeled in 2020 and features Viking appliances, Hansgrohe fixtures, and a variety of other high-end details. The ADU was legalized, gutted, and completely remodeled in 2020. The seller plans to deliver the property vacant including the back ADU, creating the perfect opportunity for an owner-occupant or investor seeking high market rent.
