Comm Ri Multi-units 5+ For Sale
4,056 Sqft - 1127 23Rd St, OAKLAND, California 94606
Property Description
Price reduced $230,000! New proforma CAP rate over 6%! Quiet location on E Oakland hills. 4-plex 2-story building front, and detached single family house at the back with private backyard fruit trees. Total 5 units. Nearly all units have been remodeled with a lot of updates. Good rental income with high demand. Easy commute to 580 and 880 freeways. Do not miss this unique investment opportunities.
Basic Details
Property Type : Comm Ri Multi-units 5+
Listing Type : For Sale
Listing ID : 40855100
Price : $1,250,000
Bedrooms : 0
Bathrooms : 0
Half Bathrooms : 0
Square Footage : 4,056 Sqft
Year Built : 1964
Lot Area : 0.17 Sqft
Features
Heating System : Wall Furnace
Cooling System : Ceiling Fan(s)
Roof : Composition Shingles
Address Map
Country : US
State : CA
County : Alameda
City : OAKLAND
Zipcode : 94606
Street : 23Rd St
Street Number : 1127
Floor Number : 0
Longitude : W123° 45' 34.8''
Latitude : N37° 47' 48''
MLS Addon
Office Name : New Century RE & Investment
Building Type : Apt Complex
Area : Oakland Zip Code 94606
Address : 1127 E 23Rd St
Cross Street : E 12th Street
Directions to Property : 880 ,23rd Ave, E 12th, E 23rd
Address Direction : E
LA1User Code : 206521704
LA1Agent First Name : Tina
LA1Agent Last Name : Ying
Status Category : Sold
Tot # Parking Spaces : 5
Tot # of Units : 5
List $/SqFt : $308
Age : 55
Apx Lot Sq Ft : 7,500 Sqft
Type of Building : Apt Complex
Annual Taxes : $10,253
Total Deposits : $0
ADDTL FEATURES MISC. : Balcony/patio, Garden
ALL UNITS HAVE : Oven Range Free Standing, Refrigerator, Disposal, Updated Kitchen
EQUIPMENT ADDITIONAL : Water Heater Gas, Window Coverings
EXTERIOR : Stucco
FLOORING : Carpet, Tile, Hardwood Floors
LOT DESCRIPTION : 2 Houses / 1 Lot
ON-SITE PARKING DESC : Parking Area, Covered Parking, Space Per Unit - 1, Carport - 1
OPERATING EXPENSES : Insurance, Janitorial, Maintenance/repair, Management, Accounting/legal, License/ads, Property Tax/assessments, Trash Removal, Vacancy Factor, Water
SEPARATE METERS : Electric, Gas, Water
SOME UNITS HAVE : Updated Baths, Updated Kitchen, Refrigerator, Disposal, Oven Range Free Standing
TENANT PAYS : Cable Tv, Electric, Gas
UNITS-OTHER : Detached Cottage(s)
WATER/SEWER : Water - Public, Sewer System - Public
LAUNDRY : Washer/dryer Hookups
Census Tract : 405500
Bus Sq Ft of Bldg : 0 Sqft
EXISTING LOAN : Other
Other Loans (Y/N) : No
1st Loan Balance : $5,000
2nd Loan Balance : $113,400
Tot Other Loans : $0
Financial Data Verif(Y/N) : 6.13
FINANCIAL DATA SOURCE : Estimated
Ann Act Gross Inc : $0
Gross Oper Actual Inc : $0
Listing Type : Excl Right
Listing Service : Full Service
Special Information : None
Original Price : $1,480,000
Sold Price : $1,050,000
Previous Price : $1,480,000
Sale $/SqFt : $0
