Comm Ri Multi-units 5+ For Sale
0.56 Acre - 270 Perkins St, OAKLAND, California 94610
Property Description
Perkins Manor is a 26-unit multifamily building located in the heart of Oakland’s Adams Point neighborhood. Built in 1966, the wood frame and stucco building consists of four stories and sits above garage parking with a concrete foundation and steel support beams. The building has two top floor penthouse units with decks (one 1br and one 2br). The building has been well maintained during the current ownership’s hold period spanning more than three decades. Units are renovated to market standard on turnover, including granite counters, new cabinets, back splashes and wood style flooring. A new owner can unlock significant upside by modernizing the already well-maintained building exterior and common areas as well as renovating units to a modern style finish on unit turnover.
Basic Details
Property Type : Comm Ri Multi-units 5+
Listing Type : For Sale
Listing ID : 40843614
Price : $7,995,000
Bedrooms : 0
Bathrooms : 0
Half Bathrooms : 0
Square Footage : 0.56 Acre
Year Built : 1966
Lot Area : 0.30 Sqft
Features
Heating System : Electric, Baseboard
View : Downtown, City Lights, Lake, Mountains, Bay Bridge
Roof : Polyurethane Foam
Address Map
Country : US
State : CA
County : Alameda
City : OAKLAND
Zipcode : 94610
Street : Perkins St
Street Number : 270
Floor Number : 0
Longitude : W123° 44' 42.2''
Latitude : N37° 48' 51.1''
MLS Addon
Office Name : Jones Lang Lasalle Americas
Building Type : Apt Complex
Area : Oakland Zip Code 94610
Address : 270 Perkins St
Cross Street : Jayne Ave
Directions to Property : North from Grand Ave to Perkins
LA1User Code : 159520697
LA1Agent First Name : Joseph
LA1Agent Last Name : Owens
Status Category : Sold
Tot # Parking Spaces : 26
Tot # of Units : 26
Dist/Nbrhood/Sub : ADAMS POINT
List $/SqFt : $326
Age : 52
Apx Lot Sq Ft : 13,200 Sqft
Type of Building : Apt Complex
Annual Taxes : $1
Total Deposits : $0
ADDTL FEATURES MISC. : Balcony/patio, Extra Storage, Elevator, Security Building
ALL UNITS HAVE : Dishwasher, Deck
DISABLED FEATURES : Elevator
EQUIPMENT ADDITIONAL : Dryer, Washer, Water Heater Gas, Intercom
EXTERIOR : Stucco, Wood Frame, Brick, Concrete Block
FLOORING : Carpet, Laminate
LOT DESCRIPTION : Corner
ON-SITE PARKING DESC : Security Garage, Garage Parking, Space Per Unit - 1, Int Access From Garage
OPERATING EXPENSES : Electric, Gas, Insurance, Maintenance/repair, Management, Accounting/legal, License/ads, Property Tax/assessments, Trash Removal, Utilities, Vacancy Factor, Water, Miscellaneous/other
SEPARATE METERS : Electric, Gas
TENANT PAYS : Cable Tv, Electric, Gas
UNITS-OTHER : Penthouse(s)
WATER/SEWER : Water - Public, Sewer System - Public
LAUNDRY : Community Facility, Coin Operated, In Garage
Census Tract : 403600
Bus Sq Ft of Bldg : 0 Sqft
Other Loans (Y/N) : No
1st Loan Balance : $1
2nd Loan Balance : $560,760
Tot Other Loans : $1,922
Financial Data Verif(Y/N) : 3.55
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 : $7,995,000
Sold Price : $7,900,000
Previous Price : $7,995,000
Sale $/SqFt : $0
Gross Oper Actual Inc : 518859
Annual Gross Sched Inc : 562682
Net Oper Income : 283568
Annual Mgmt Exp : 1
Annual License Exp : 1
Annual Util Exp : 1
Other Ann Exp : 1
Tot Ann Oper Exp : 235291
First Loan Payment : 0
First Balance : 0
Annual Insurance Exp : 1
INTERNET DISPLAY : 0
INTERNET SITES : 0
SA1Agent Type : 0
Buyer Broker DRE Number : 999999999
Gross Rent Multiplier : 14.26
ZIDX Only Street Name : Perkins St
Buyer Agent DRE Num. : 999999999
Co List Agent DRE Num. : 01707768
List Agent DRE Num. : 01707768
Branded Media Link : http://www.270perkins.com
LA1Agent License ID : 01707768
LA1NRDS_ID : 159520697
SA1Agent First Name : NON MEMBER
SA1Agent Last Name : OUT OF AREA
SA1User Code : 206599999
SA1NRDS_ID : 206599999
Annual Vacancy : 1
Gross Income : 1
Listing Broker DRE Numbe : 01223413
Sale/Original $ : 99
Annual Exp Yr : 2018
Sale $/SqFt : 322
1st - Yrs Remaining : 0
Sale/Last List $ : 99
Interest Rate : 0
Board ID : CONTRA COSTA
Assessors Parcel No : 10-789-16-1
Showing : By Appointment with Listing Agent only
LO1Main Office ID : 43979
LO1Board ID : 0
LO2Office Identifier : 0
LO2Main Office ID : 0
SO1Office Identifier : 0
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 : 7900000
Address Search Number : 270
Listing Agent : 118276
Listing Office : 43979
Co-List Agent : 0
Listing Office 2 : 0
Apprx Equity : 0
Buyer Agent 1 : 24149
Buying Office 1 : 0
Co-Sell Agent : 0
Buying Office 2 : 0
Photo Count : 13
Input Date : 24/10/2018 02:16:01
Update Date : 21/07/2021 22:36:49
PhotoTimestamp : 21/07/2021 22:06:54
First Photo Add Timestamp : 24/10/2018 02:16:04
List Date : 23/10/2018
Expire Date :
Pending Date : 26/11/2018
Closing Date : 30/04/2019
Status Date : 21/07/2021
Price Date : 21/07/2021
Off Market Date : 26/11/2018
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 : 23/10/2018
DOMLS : 34
Cumulative DOMLS : 34
Unit # 1 # of Bathrooms: 1
Unit # 1 # of Bedrooms: 1
Unit # 1 Approx. SqFt: 631
Unit # 1 Rent: 1693
Unit 1 # Units This Type?: 15
Unit # 2 # of Bathrooms: 1
Unit # 2 # of Bedrooms: 1
Unit # 2 Approx. SqFt: 746
Unit # 2 Rent: 1751
Unit 2 # Units This Type?: 1
Unit # 3 # of Bathrooms: 1
Unit # 3 # of Bedrooms: 2
Unit # 3 Approx. SqFt: 984
Unit # 3 Rent: 2040
Unit 3 # Units This Type?: 3
Unit # 4 # of Bathrooms: 2
Unit # 4 # of Bedrooms: 2
Unit # 4 Approx. SqFt: 987
Unit # 4 Rent: 1942
Unit 4 # Units This Type?: 6
Unit # 5 # of Bathrooms: 2
Unit # 5 # of Bedrooms: 2
Unit # 5 Approx. SqFt: 987
Unit # 5 Rent: 1806
Unit 5 # Units This Type?: 1
