Rockridge Duplex Offers Price and Fixing Potential
A house has just come on the market at 5455 Shafter Avenue in Rockridge which might be worth a look if you are seeking either an investment opportunity — it’s currently configured as a 2/1 and a 1/1 duplex, both with tenants — or you want to put in some sweat equity to convert it back into a single family home.
Although it’s listed at $800,000, the realtor says he thinks that’s $100,000 too high — a refreshing perspective for someone who’s trying to sell — and that the owner wants out by November 1. There’s a cute front garden and a good-sized yard at the back.
The same-style house next door has been revamped and offers a “before and after” perspective. Homes on this street and in the immediate vicinity usually sell for between $700,000 and $1 million.
This part of Rockridge boasts leafy streets, really great shopping nearby and the address scores 83/100 for walkability. It’s extremely accessible to BART. Perhaps a little too close actually — the railway line and freeway are within sight and sound of the property.
The realtor can be reached on 510-410 4760.