81
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$899,000
Est. payment /mo
3,442 SqFt
Price Dropped by $50K
748 Clara ST Oakland, CA 94603
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UPDATED:
02/14/2025 12:06 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 $261
MLS Listing ID ML81983710
HOA Y/N No
Year Built 1964
Annual Tax Amount $16,000
Lot Size 6,250 Sqft
Property Sub-Type Quadruplex
Property Description
CASH COW with passive Income, Tenants are long term residents in the Building. 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 income of $800.00. 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. Very matured and hard working Families who pays in time and well behaved too. At a fraction of the per square feet price with the Stabilized Income, this property has inbuilt value with an average commute times of 35-45 minutes from Bay Area/ Silicon Valley. Send offers- subject to inspection , Seller is motivated, offers as they come in. 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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Listed by Sri Gopireddy • Channel Real Estate Inc