Active

748 Clara ST

OAKLAND CA, 94603

$949,000


$275.71 per sqft

Active

3,442 sqft

Multi-family

Built in 1964

Listed by Channel Real Estate Inc, Sri Gopireddy, Durga Prasad Bhethanabotla Listing Contact: 4083934722

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.

ML81983710

MLS ID

October 14, 2024

Listed

November 22, 2024

Updated

Map

748 Clara ST
OAKLAND CA, 94603

Interior Features

Total Stories

2


Interior Features

Laminate


Floor Description

Laminate


Fireplace

No


Cooling

Yes


Cooling Description

Central Air


Heating

Yes


Heating Description

Forced Air

Exterior/Building Features

Lot Size

0.14 Acres


Roof

Composition


Sewer

Public Sewer

School Information

School District

Oakland Unified


High School

Coliseum College Prep Academy


Elementary School

Brookfield Elementary

Other Property Details

Area Name

Oakland Zip Code 94603


Garage

No


Parking Total

5


View

No


County

Alameda


Water Source

Public


Pool

No


Zoning

R3

Listed by Channel Real Estate Inc, Sri Gopireddy, Durga Prasad Bhethanabotla
Listing Contact: 4083934722 

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Brittany Ng | CA DRE# 02066282 shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the MLS Listings, Inc. MLS system. Real estate listings held by brokerage firms other than Brittany Ng | CA DRE# 02066282 are marked with the Internet Data Exchange icon (a stylized house inside a circle) and detailed information about them includes the names of the listing brokers and listing agents.

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Data last updated 4:49 AM UTC, 11/22/2024

 

 

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