Active
748 Clara ST
OAKLAND CA, 94603
$899,000
$261.19 per sqft
Active
3,442 sqft
Multi-family
Built in 1964
Listed by Channel Real Estate Inc, Sri Gopireddy, Prasad Bhethanabotla Listing Contact: 4083934722
CASH COW with passive Income, Tenants are long term residents in the Building. 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 income of $800.00. 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. Very matured and hard working Families who pays in time and well behaved too. At a fraction of the per square feet price with the Stabilized Income, this property has inbuilt value with an average commute times of 35-45 minutes from Bay Area/ Silicon Valley. Send offers- subject to inspection , Seller is motivated, offers as they come in. Please DO NOT Disturb Tenants.
ML81983710
MLSⓇ ID
October 14, 2024
Listed
February 20, 2025
Updated
Interior Features
Total Stories
2
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
Zoning
R3
Listing History
Date | Event | Price |
|---|---|---|
2/13/2025 | Price change | $899,000 -6% |
Listed by Channel Real Estate Inc, Sri Gopireddy, Prasad Bhethanabotla
Listing Contact: 4083934722
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Data last updated 11:50 PM UTC, 2/20/2025