$ 949,000
748 Clara ST Oakland, CA 94603
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$ 949,000
Est. payment | /mo
9 Beds
5 Baths
3,442 SqFt
$ 949,000
Est. payment | /mo
9 Beds
5 Baths
3,442 SqFt
Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Active
Purchase Type For Sale
Square Footage 3,442 sqft
Price per Sqft $275
MLS Listing ID ML81983710
Bedrooms 9
Full Baths 5
Year Built 1964
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 Oakland Zip Code 94603
Zoning R3
Interior
Heating Forced Air
Cooling Central Forced Air - Gas
Flooring Laminate, Vinyl / Linoleum, Other
Exterior
Garage Common Parking Area, Parking Area
Utilities Available Public Utilities
Roof Type Composition
Building
Story 2
Foundation Pillars / Posts / Piers
Sewer Sewer - Public
Water Public
Level or Stories 2
Others
Tax ID 044-5012-001-01
Security Features None
Horse Property No
Special Listing Condition Not Applicable
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Listed by Sri Gopireddy • Channel Real Estate Inc