Property Details
About this Property
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.
MLS Listing Information
MLS #
ML81983710
MLS Source
MLSListings, Inc.
Days on Site
69
Interior Features
Flooring
Laminate, Other, Vinyl/Linoleum
Cooling
Central Forced Air - Gas
Heating
Forced Air
Exterior Features
Roof
Composition
Foundation
Pillar/Post/Pier
Parking, School, and Other Information
Garage/Parking
Common Parking Area, Parking Area, Garage: 0 Car(s)
Elementary District
Oakland Unified
High School District
Oakland Unified
Sewer
Public Sewer
Water
Public
Zoning
R3
Contact Information
Listing Agent
Sri Gopireddy
Channel Real Estate Inc
License #: 01321671
Phone: (408) 393-4722
Co-Listing Agent
Durga Prasad Bhethanabotla
Channel Real Estate Inc
License #: 01989390
Phone: (408) 841-6056
Unit Information
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 1 | 5 | 4 |
| Unit # | Sq Ft | Beds | Baths | Rent |
|---|---|---|---|---|
| 1 | – | 3 | 2/0 | $2,200 |
| 2 | – | 2 | 1/0 | $1,500 |
| 3 | – | 2 | 1/0 | $1,150 |
| 4 | – | 2 | 1/0 | $1,650 |
Neighborhood: Around This Home
Neighborhood: Local Demographics
Nearby Homes for Sale
748 Clara St is a Residential Income in Oakland, CA 94603. This 3,442 square foot property sits on a 6,250 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $949,000 and was built in 1964. This address can also be written as 748 Clara St, Oakland, CA 94603.
©2024 MLSListings Inc. All rights reserved. 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. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from MLSListings Inc.
Presently MLSListings.com displays Active, Contingent, Pending, and Recently Sold listings. Recently Sold listings are properties which were sold within the last three years. After that period listings are no longer displayed in MLSListings.com. Pending listings are properties under contract and no longer available for sale. Contingent listings are properties where there is an accepted offer, and seller may be seeking back-up offers. Active listings are available for sale.
This listing information is up-to-date as of November 12, 2024. For the most current information, please contact Sri Gopireddy, (408) 393-4722
