748 Clara Street
Oakland, CA 94603
Active for $949,000
Beds: N/A Baths: Structure Size: 3,442 sqft Lot Size: 6,250 sqft
| MLS | ML81983710 |
| Year Built | 1964 |
| Property Type | Quadruplex |
| County | Alameda |
| Status | Active |
| Active | $949,000 |
| Structure Size | 3,442 sqft |
| Lot Size | 6,250 sqft |
| Beds | N/A |
| Baths |
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.
Listing information courtesy of: Sri Gopireddy, Channel Real Estate Inc 408-393-4722. *Based on information from the Association of REALTORS/Multiple Listing as of 11/23/2024 and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Location
Contact a Local Realtor®
Elen Abramian
REALTOR®
Direct: 818.433.8227
Email: Email Me
DRE: 01770212
DRE #01873088
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