$ 949,000
748 Clara ST Oakland, CA 94603
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$ 949,000
Est. payment | /mo
3,442 SqFt
$ 949,000
Est. payment | /mo
3,442 SqFt
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 3,442 sqft
Price per Sqft $275
MLS Listing ID ML81983710
HOA Y/N No
Year Built 1964
Annual Tax Amount $16,000
Lot Size 6,250 Sqft
Property Description
CASH COW with passive Income, which can be increased by $1000 / month legally and immediately. Tenants are long term , hard working Families, Stabilized income is a haul mark feature of the Property. Located in a GOOD neighborhood and CLOSE to FREEWAYS. New exterior Paint. Additional 5th Unit is Built by previous owner and permits are unknown with 3 Beds and 2 Baths. So its a Fifer- five unit property. Property Manager lives in one of the units and is a Licensed Contractor, takes care of the Maintenance of the Property too. And communicates in Spanish with all the tenants all their mother tongue being Spanish . Very matured and hard working Families who pays in time and well behaved too. New owner if they want , can retain the current Property Manager and easily can manage remotely, which is like a Dream come True for busy people. At a fraction of the per square feet price with the Stabilized Income, this property has inbuilt value with average commute times of 35-45 minutes from Bay Area/ Silicon Valley. Send offers , subject to inspection , contingency. Offers as they come. Please DO NOT Disturb Tenants.
Location
State CA
County Alameda
Area 699 - Not Defined
Zoning R3
Interior
Heating Forced Air
Cooling Gas
Flooring Laminate
Fireplace No
Exterior
View Y/N No
Roof Type Composition
Accessibility Other
Total Parking Spaces 5
Building
Story 2
Foundation Pillar/Post/Pier
Sewer Public Sewer
Water Public
Schools
Elementary Schools Other
Middle Schools Madison
High Schools Other
School District Other
Others
Tax ID 044501200101
Special Listing Condition Standard
Listed by Sri Gopireddy • Channel Real Estate Inc