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