Oakland, CA 94603,748 Clara ST
Oakland, CA 94603,748 Clara ST
Oakland, CA 94603,748 Clara ST
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$949,000
Est. payment /mo
3,442 SqFt

UPDATED:

11/12/2024 03:55 AM

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


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California Regional MLS (CRMLS)
Listed by Sri Gopireddy • Channel Real Estate Inc