748 Clara ST Active

Oakland,CA 94603

$ 949000

9 Beds

5 Baths

3442 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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