Properties

Comm Ri Multi-units 5+ For Sale

2,413 Sqft - 740 Alcatraz Ave, OAKLAND, California 94609

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Property Description

740 Alcatraz Ave is an attractive building in desirable North Oakland. The property consists of 5 well-maintained units; 3 – studios, 1 – one bedroom, 1 – spacious two bedroom, and 6 private garages. Three units were recently renovated and the seller has just completed a shared laundry room towards the rear of the building. With fresh paint and the newly landscaped yard, this charming building has plenty of curb appeal. The building is separately metered for gas & electric. The location offers easy access to the CA-24 freeway and is walking distance to Ashby BART. Priced to sell at only $277k per unit and offering investors an achievable 55% rental upside this is a well maintained property in a prime location with substantial growth opportunity and attractive returns from day 1.

Basic Details
Property Type : Comm Ri Multi-units 5+
Listing Type : For Sale
Listing ID : 40802280
Price : $1,385,000
Bedrooms : 0
Bathrooms : 0
Half Bathrooms : 0
Square Footage : 2,413 Sqft
Year Built : 1910
Lot Area : 0.14 Sqft
Features
Heating System : Gas, Other Heat
Cooling System : Other
Basement : Storage Area, Separate Entry
View : Other
Roof : Other
Address Map
Country : US
State : CA
County : Alameda
City : OAKLAND
Zipcode : 94609
Street : Alcatraz Ave
Street Number : 740
Floor Number : 0
Longitude : W123° 43' 58.6''
Latitude : N37° 50' 58.5''
MLS Addon
Office Name : COMPASS
Building Type : Lowrise (1-3 Flrs)
Area : Oakland Zip Code 94609
Address : 740 Alcatraz Ave
Cross Street : Shattuck ave
Directions to Property : none
LA1User Code : R01816078
LA1Agent First Name : BEN
LA1Agent Last Name : WEIL
Status Category : Sold
Tot # Parking Spaces : 8
Tot # of Units : 5
List $/SqFt : $574
Age : 107
Apx Lot Sq Ft : 6,000 Sqft
Type of Building : Apt Complex
Annual Taxes : $0
Total Deposits : $0
ADDTL FEATURES MISC. : Other, Extra Storage
ALL UNITS HAVE : Other, Updated Baths, Updated Kitchen
DISABLED FEATURES : Other
EQUIPMENT ADDITIONAL : Other, Dryer, Washer
EXTERIOR : Wood Siding, Siding - Stucco
FLOORING : Other, Hardwood Floors
LOT DESCRIPTION : Other
ON-SITE PARKING DESC : Other, Enclosed Garage, Garage Parking
OPERATING EXPENSES : Utilities
SEPARATE METERS : Electric, Gas
SOME UNITS HAVE : Other, Updated Baths, Updated Kitchen, Dishwasher
TENANT PAYS : Electric, Gas, Other
UNITS-OTHER : Other
WATER/SEWER : Other
LAUNDRY : Dryer, Washer
Census Tract : none
Bus Sq Ft of Bldg : 0 Sqft
Other Loans (Y/N) : No
1st Loan Balance : $0
2nd Loan Balance : $0
Tot Other Loans : $0
Financial Data Verif(Y/N) : 4.3%
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 : $1,385,000
Sold Price : $1,225,000
Previous Price : $1,385,000
Sale $/SqFt : $0
Comm Ri Multi-units 5+ For Sale
  • Listing ID : 40802280
  • Bedrooms : 0
  • Bathrooms : 0
  • Square Footage : 2,413 Sqft
$1,385,000
Agent info
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