748 Clara St, Oakland, CA 94603 | For Sale

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For Sale $949,000 ($275.71 per Sq Ft)

$949,000 ($275.71 per Sq Ft)
  • (0)
  • Unknown Bedrooms
  • Unknown Bathrooms
  • 3,442 Sq Ft
  • 6,250 Sq Ft

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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Amenities

Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt

Income

Rental Units


The income description goes here to explain

Expenses

Property Details

List Price $949,000
Property Type Fourplex (4-units)
Usable Sqft 3,442
Number of Stories 2 stories
Parking Spots 0 spots
Year Built 1964
Last Sold Unknown
Sold Price Unknown
APN # 044501200101
MLS # ML81983710
Property ID 320952913
Lot Sqft 6,250
Zoning R3
Days on Market 102
Original List Price $949,000
Date Updated January 16, 2025
Date Created October 14, 2024
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Listing Provided By

Sri Gopireddy an agent of Channel Real Estate Inc. Lic #01321671


© 2025 CRMLS. All rights reserved. Some listings on this website are from CRMLS as of January 16, 2025 The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.



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