Incredible Opportunity on Ivy HillWonderfully 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.FeaturesLower Unit 1BR+/1BA approx 1150sfUpper Unit 2BR+/1BA approx 1250sf2 story unfinished garage approx 610sf (measured)2400sf of total living space (per tax records) not including garage4000sf Lot (per tax records)Legal 2 Units each with their own entrance and metersLower Unit PROJECTED rent $3400/moUpper Unit PROJECTED rent $4200/moSewer Lateral and sidewalk compliantTremendous 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!!Virtual TourHouse:ADU:
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