748 Clara ST Active Save Request In-Person Tour Request Virtual Tour
Oakland,CA 94603
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