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.
Property Details
Price:
$949,000
MLS #:
ML81983710
Status:
Active
Baths:
0
Address:
748 Clara Street
Type:
Residential Income
Subtype:
Quadruplex
Neighborhood:
699notdefined
City:
Oakland
Listed Date:
Oct 14, 2024
State:
CA
ZIP:
94603
Lot Size:
6,250 sqft / 0.14 acres (approx)
Year Built:
1964
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Schools
Interior
Accessibility Features
Other
Cooling
Gas
Flooring
Laminate
Heating
Forced Air
Exterior
Foundation Details
Pillar/ Post/ Pier
Garage Spaces
0.00
Parking Spots
5.00
Roof
Composition
Sewer
Public Sewer
Stories Total
2
Water Source
Public
Financial
Map
Community
- Address748 Clara Street Oakland CA
- Area699 – Not Defined
- CityOakland
- CountyAlameda
- Zip Code94603
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Courtesy of Channel Real Estate Inc. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than include the name of the listing broker. Neither the listing company nor shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2024. California Regional Multiple Listing Service. All rights reserved.
748 Clara Street
Oakland, CA
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