Comm Ri Multi-units 5+ For Sale
18,762 Sqft - 725 Central Avenue, ALAMEDA, California 94501
Property Description
Attractive 24 unit building with charming units built in 1923. Good mix of 12 studios and 12 one bedroom units. Separate PG&E with upgraded electrical. Hardwood floors. Some units upgraded. Parking for 13 cars. 4,644 SF basement. Access via Webster or Constitution. Rent upside. Assumable loan.
Basic Details
Property Type : Comm Ri Multi-units 5+
Listing Type : For Sale
Listing ID : 40669082
Price : $3,995,000
Bedrooms : 0
Bathrooms : 0
Half Bathrooms : 0
Square Footage : 18,762 Sqft
Year Built : 1923
Lot Area : 0.23 Sqft
Features
Heating System : Gas, Wall Furnace
Basement : Storage Area, Partial
Roof : Rolled Composition
Address Map
Country : US
State : CA
County : Alameda
City : ALAMEDA
Zipcode : 94501
Street : Central Avenue
Street Number : 725
Floor Number : 0
Longitude : W123° 43' 27.6''
Latitude : N37° 46' 18.3''
MLS Addon
Office Name : CB RICHARD ELLIS
Building Type : Lowrise (1-3 Flrs)
Area : Alameda Map Area 4
Address : 725 Central Avenue
Cross Street : Webster Street
LA1User Code : R00344320
LA1Agent First Name : RICHARD
LA1Agent Last Name : THOMPSON
Status Category : Sold
Tot # Parking Spaces : 13
Tot # of Units : 24
List $/SqFt : $213
Age : 91
Apx Lot Sq Ft : 9,815 Sqft
Type of Building : Apt Complex
Annual Taxes : $58,339
Total Deposits : $0
ADDTL FEATURES MISC. : Wired For Cable Tv, Extra Storage
ALL UNITS HAVE : Oven Range Free Standing, Refrigerator
EQUIPMENT ADDITIONAL : Dryer, Washer, Fire Sprinklers, Water Heater Gas
EXTERIOR : Stucco, Wood Frame
FLOORING : Linoleum, Hardwood Floors
LOT DESCRIPTION : Regular
ON-SITE PARKING DESC : Parking Area, Garage Parking
OPERATING EXPENSES : Electric, Gas, Insurance, Maintenance/repair, Management, Property Tax/assessments, Trash Removal, Utilities, Vacancy Factor, Water
SEPARATE METERS : Electric, Gas
SOME UNITS HAVE : Updated Kitchen, Dishwasher
TENANT PAYS : Cable Tv, Electric, Gas
WATER/SEWER : Water - Public, Sewer System - Public
LAUNDRY : Coin Operated, Laundry Equip - Owned, Common Room
Census Tract : 21004
Bus Sq Ft of Bldg : 0 Sqft
EXISTING LOAN : Arm, Assumable Qualify
Other Loans (Y/N) : No
1st Loan Balance : $11,100
2nd Loan Balance : $295,380
Tot Other Loans : $8,400
Financial Data Verif(Y/N) : 4.5%
FINANCIAL DATA SOURCE : Owner
Ann Act Gross Inc : $0
Gross Oper Actual Inc : $0
Listing Type : Excl Right
Listing Service : Full Service
Special Information : None
Original Price : $3,995,000
Sold Price : $4,265,000
Previous Price : $3,995,000
Sale $/SqFt : $0
