748 Clara Street, Oakland, CA 94603
  • MLS#: ML81983710 ( Quadruplex )
  • Street Address: 748 Clara Street
  • Viewed: 5
  • Price: $949,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1964
  • Bldg sqft: 0
  • Days On Market: 97
  • Additional Information
  • County: ALAMEDA
  • City: Oakland
  • Zipcode: 94603
  • Provided by: Channel Real Estate Inc
  • Contact: Sri Sri
  • California Regional MLS IDX
  • DMCA Notice
  • 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.
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Features
Accessibility Features
  1. Other
Building Area Total
  1. 3442.00
Carport Spaces
  1. 0.00
Cooling
  1. Gas
Flooring
  1. Laminate
Foundation Details
  1. Pillar/Post/Pier
Garage Spaces
  1. 0.00
Heating
  1. Forced Air
Insurance Expense
  1. 1200.00
Otherexpense
  1. 300.00
Otherincome1
  1. 0.00
Parcel Number
  1. 044501200101
Property Type
  1. Quadruplex
Roof
  1. Composition
Sewer
  1. Public Sewer
Sourcesystemkey
  1. 81983710:MLSL
Totalexpenses
  1. 39700.00
Trash Expense
  1. 10400.00
Virtual Tour Url
  1. https://748ClaraStreet1817665mls.f8re.com/
Water Source
  1. Public
Year Built
  1. 1964
Year Built Source
  1. Assessor
Zoning
  1. R3