Comm Ri Multi-units 5+ For Sale
11,189 Sqft - 9309 Bancroft, OAKLAND, California 94603
Property Description
15 spacious one bedroom units, plus two very large two bedroom units. 11 off street parking spaces. Freshly painted exterior. Some units have been upgraded on turnover. Well managed by long term owners. Good cash flow at COE,tremendous rental upside. East Oakland, near San Leandro border.
Basic Details
Property Type : Comm Ri Multi-units 5+
Listing Type : For Sale
Listing ID : 40701230
Price : $1,400,000
Bedrooms : 0
Bathrooms : 0
Half Bathrooms : 0
Square Footage : 11,189 Sqft
Year Built : 1961
Lot Area : 0.35 Sqft
Features
Heating System : Gas, Wall Furnace
View : Other
Roof : Tar And Gravel
Address Map
Country : US
State : CA
County : Alameda
City : OAKLAND
Zipcode : 94603
Street : Bancroft
Street Number : 9309
Floor Number : 0
Longitude : W123° 50' 7''
Latitude : N37° 45' 5.7''
MLS Addon
Office Name : ANNE BRUFF & ASSOCIATES
Building Type : Garden Apts
Area : Oakland Zip Code 94603
Address : 9309 Bancroft
Cross Street : 93rd
LA1User Code : R00517413
LA1Agent First Name : ANNE
LA1Agent Last Name : BRUFF
Status Category : Sold
Tot # Parking Spaces : 11
Tot # of Units : 17
List $/SqFt : $125
Age : 54
Apx Lot Sq Ft : 14,300 Sqft
Type of Building : Apt Complex
Annual Taxes : $25,500
Total Deposits : $0
ADDTL FEATURES MISC. : Balcony/patio, Wired For Cable Tv
ALL UNITS HAVE : Refrigerator, Oven Range Built-in
EQUIPMENT ADDITIONAL : Washer, Water Heater Gas, Window Coverings
EXTERIOR : Stucco
FLOORING : Carpet
LOT DESCRIPTION : Level
ON-SITE PARKING DESC : Carports - 2 Or More
OPERATING EXPENSES : Maintenance/repair, Management, Property Tax/assessments, Trash Removal, Utilities, Vacancy Factor, Water
SEPARATE METERS : Electric, Gas
SOME UNITS HAVE : Updated Baths, Updated Kitchen, Deck
TENANT PAYS : Electric, Gas
WATER/SEWER : Sewer System - Public
LAUNDRY : Common Room
Census Tract : 4097
Bus Sq Ft of Bldg : 0 Sqft
EXISTING LOAN : Arm
Other Loans (Y/N) : No
1st Loan Balance : $11,495
2nd Loan Balance : $171,156
Tot Other Loans : $0
Financial Data Verif(Y/N) : 6.9
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 : $1,400,000
Sold Price : $1,541,000
Previous Price : $1,400,000
Sale $/SqFt : $0
Gross Oper Actual Inc : 171156
Annual Gross Sched Inc : 171156
Net Oper Income : 97238
Annual Mgmt Exp : 3600
Annual License Exp : 2226
Annual Util Exp : 17000
Other Ann Exp : 300
Tot Ann Oper Exp : 70495
First Loan Payment : 0
First Balance : 0
Annual Insurance Exp : 8130
INTERNET DISPLAY : 0
INTERNET SITES : 0
SA1Agent Type : 0
Gross Rent Multiplier : 8.81
ZIDX Only Street Name : Bancroft
Buyer Agent DRE Num. : 00530854
Co List Agent DRE Num. : 00517413
List Agent DRE Num. : 00517413
LA1Agent License ID : 00517413
SA1Agent First Name : Ismael
SA1Agent Last Name : Benhamida
SA1Agent License ID : 01722847
SA1User Code : ML215734
SA1NRDS_ID : 206526008
Annual Vacancy : 3423
Gross Income : 171156
Sale/Original $ : 110
Annual Exp Yr : 70495
Sale $/SqFt : 138
1st - Yrs Remaining : 0
Sale/Last List $ : 110
Interest Rate : 0
Board ID : OAKLAND BERKELEY
Assessors Parcel No : 46-5470-5
Showing : restricted shpowings
SO1Office Abbreviation : ML87450
SO1Office Name : Benhamida Real Estate
LO1Main Office ID : 18138
LO1Board ID : 0
LO2Office Identifier : 0
LO2Main Office ID : 0
SO1Office Identifier : 37023
SO1Board ID : 0
SO2Office Identifier : 0
SO2Office Type : 0
VOW Include : Yes
VOW Address : Yes
VOW Comment : Yes
VOW AVM : Yes
Status Detail : 0
Search Price : 1541000
Address Search Number : 9309
Listing Agent : 9238
Listing Office : 18138
Co-List Agent : 0
Listing Office 2 : 0
Apprx Equity : 0
Buyer Agent 1 : 129263
Buying Office 1 : 37023
Co-Sell Agent : 0
Buying Office 2 : 0
Photo Count : 5
Input Date : 01/06/2015 17:48:00
Update Date : 10/03/2021 11:49:06
PhotoTimestamp : 01/06/2015 17:48:00
First Photo Add Timestamp : 01/06/2015 17:48:00
List Date : 01/06/2015
Expire Date :
Pending Date : 16/06/2015
Closing Date : 13/11/2015
Status Date : 16/11/2015
Price Date : 16/11/2015
Off Market Date : 16/06/2015
Status : Sold
Dual Variable : No
City Transfer Tax : Yes
Point of Sale Ordinance : Yes
Ocpnt Req 24 Hr : Yes
Off Market Status Date :
LVT Date :
DOMLS : 15
Cumulative DOMLS : 15
Unit # 1 # of Bathrooms: 1
Unit # 1 # of Bedrooms: 1
Unit # 1 Air Cond.: No
Unit # 1 Approx. SqFt: 600
Unit # 1 Dining Room: No
Unit # 1 Fireplace: No
Unit # 1 Parking Spaces: 1
Unit # 1 Range Oven: Yes
Unit # 1 Refrigerator: Yes
Unit # 1 Rent: 801
Unit 1 # Units This Type?: 15
Unit # 2 # of Bathrooms: 1
Unit # 2 # of Bedrooms: 2
Unit # 2 Air Cond.: No
Unit # 2 Approx. SqFt: 800
Unit # 2 Dining Room: No
Unit # 2 Fireplace: No
Unit # 2 Parking Spaces: n
Unit # 2 Range Oven: Yes
Unit # 2 Refrigerator: Yes
Unit # 2 Rent: 1008
Unit 2 # Units This Type?: 2
