Comm Ri Multi-units 5+ For Sale
7,264 Sqft - 1516 1ST AVE, OAKLAND, California 94606-1618
Property Description
12 units across the street from Oakland’ s finest attraction! The building offers sweeping lake views to go with a strong value added investment. All units are Jr. 1 bedrooms with large walk-in closets, hardwood floors, built-in cabinets and many kitchen and bath updates. 70% upside in rents
Basic Details
Property Type : Comm Ri Multi-units 5+
Listing Type : For Sale
Listing ID : 40674586
Price : $1,995,000
Bedrooms : 0
Bathrooms : 0
Half Bathrooms : 0
Square Footage : 7,264 Sqft
Year Built : 1913
Lot Area : 0.08 Sqft
Features
Heating System : Gas
Basement : Separate Entry
View : Lake
Roof : Rolled Composition
Address Map
Country : US
State : CA
County : Alameda
City : OAKLAND
Zipcode : 94606-1618
Street : 1ST AVE
Street Number : 1516
Floor Number : 0
Longitude : W123° 44' 38.5''
Latitude : N37° 47' 58.2''
MLS Addon
Office Name : COMPASS
Building Type : Lowrise (1-3 Flrs)
Area : Oakland Zip Code 94606
Address : 1516 1ST AVE
Cross Street : Lakeshore
LA1User Code : R01816078
LA1Agent First Name : BEN
LA1Agent Last Name : WEIL
Status Category : Sold
Tot # Parking Spaces : 0
Tot # of Units : 12
List $/SqFt : $275
Age : 101
Apx Lot Sq Ft : 3,500 Sqft
Type of Building : Apt Complex
Annual Taxes : $32,490
Total Deposits : $0
ALL UNITS HAVE : Oven Range Free Standing, Refrigerator
EQUIPMENT ADDITIONAL : Dryer, Washer, Water Heater Gas
EXTERIOR : Stucco
FLOORING : Hardwood Flrs Throughout
LOT DESCRIPTION : Premium Lot
ON-SITE PARKING DESC : No Parking On Site
OPERATING EXPENSES : Electric, Gas, Insurance, Maintenance/repair, License/ads, Property Tax/assessments, Trash Removal, Utilities, Vacancy Factor, Water, Miscellaneous/other
SEPARATE METERS : Electric, Gas
SOME UNITS HAVE : Updated Baths, Updated Kitchen
TENANT PAYS : Electric, Gas
WATER/SEWER : Water - Public, Sewer System - Public
LAUNDRY : Laundry Equip - Owned, In Basement
Census Tract : 4053.00
Bus Sq Ft of Bldg : 0 Sqft
EXISTING LOAN : Assumable Qualify
Other Loans (Y/N) : No
1st Loan Balance : $4,200
2nd Loan Balance : $136,106
Tot Other Loans : $2,160
Financial Data Verif(Y/N) : 4.26
FINANCIAL DATA SOURCE : Owner
Ann Act Gross Inc : $0
Gross Oper Actual Inc : $0
Listing Type : Seller Reserved
Listing Service : Full Service
Special Information : None
Original Price : $1,995,000
Sold Price : $2,025,000
Previous Price : $1,995,000
Sale $/SqFt : $0
