748 Clara Street, Oakland, CA 94603
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Listed Price :
$949,000
-
Beds :
N/A
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Baths :
-
Property Size :
3,442 sqft
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Year Built :
1964
Property 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.
Interior Features
| Bedroom Information |
| Bedrooms |
N/A |
| Flooring Information |
| Material |
Laminate |
| Interior Information |
| Cooling Type |
Gas |
Listing Information
| Address |
748 Clara Street |
| City |
Oakland |
| State |
CA |
| Zip |
94603 |
| County |
Alameda |
| Listing Agent |
Sri Gopireddy DRE #01321671 |
| Co-Listing Agent |
Durga Prasad Bhethanabotla DRE #01989390 |
| Courtesy Of |
Channel Real Estate Inc |
| List Price |
$949,000 |
| Status |
Active |
| Type |
Residential Income |
| Subtype |
Quadruplex |
| Structure Size |
3,442 |
| Lot Size |
6,250 |
| Year Built |
1964 |
Listing information courtesy of: Sri Gopireddy, Durga Prasad Bhethanabotla, Channel Real Estate Inc. *Based on information from the Association of REALTORS/Multiple Listing as of Dec 5th, 2024 at 4:35 AM 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.
