Wonderfully maintained and updated vacant Ivy Hill Duplex with ADU potential perched on the Lake Merritt side of the hill! Located on a quiet and lightly traveled street, these distinct separately metered flats are surrounded in perpetual natural light with city views from the upstairs deck.
Each flat offers a similar yet flexible floor plan making them easily rent-able, or livable as an owner occupant. The detached 2 level partially finished garage offers a unique opportunity to expand the legal square footage and create additional income generating space or build a private multi-level studio or workspace!
In the rear of the lot you'll find a virtually maintenance free yard that provides tranquility along with mature fruit bearing trees and side yard access allowing an additional 3 off-street parking spots.
- Lower Unit 1BR+/1BA approx 1150sf - Upper Unit 2BR+/1BA approx 1250sf - 2 story unfinished garage approx 610sf (measured) - 2400sf of total living space (per tax records) not including garage - 4000sf Lot (per tax records) - Legal 2 Units each with their own entrance and meters - Lower Unit PROJECTED rent $3400/mo - Upper Unit PROJECTED rent $4200/mo - Sewer Lateral and sidewalk compliant - Tremendous upside potential in a high rent location near Lake Merritt with multiple transportation options, EZ freeway access, and close proximity to amenities, restaurants, and more!!