Comm Ri Multi-units 5+ For Sale
4,654 Sqft - 1212 12Th St, OAKLAND, California 94607
Property Description
The Mitchell Warren team is pleased to present 1212 12th Street, a six (6) unit apartment building located in a thriving West Oakland location. This property consists of one (1) 3bd/2ba unit, four (4) 2bd/1ba units, one (1) 1bd/1ba unit, and six (6) off-street parking spaces. The property offers beautifully remodeled units with granite countertops, upgraded laminate flooring, and energy-efficient vinyl windows. In addition, FOUR UNITS WILL BE DELIVERED VACANT allowing the new owner to capture market-rate rents. This is an amazing opportunity to acquire a turn-key asset with a strong in-place return.
Basic Details
Property Type : Comm Ri Multi-units 5+
Listing Type : For Sale
Listing ID : 40878884
Price : $1,950,000
Bedrooms : 0
Bathrooms : 0
Half Bathrooms : 0
Square Footage : 4,654 Sqft
Year Built : 1963
Lot Area : 0.15 Sqft
Features
Heating System : Gas, Wall Furnace
Cooling System : Other
View : Other
Roof : Composition Shingles
Address Map
Country : US
State : CA
County : Alameda
City : OAKLAND
Zipcode : 94607
Street : 12Th St
Street Number : 1212
Floor Number : 0
Longitude : W123° 42' 42.8''
Latitude : N37° 48' 31.4''
MLS Addon
Office Name : JOSEPH M. TAPIA, BROKER
Building Type : Lowrise (1-3 Flrs)
Area : Oakland Zip Code 94607
Address : 1212 12Th St
Cross Street : Union St
Directions to Property : Union St
LA1User Code : R02008347
LA1Agent First Name : TIMOTHY
LA1Agent Last Name : WARREN
Status Category : Sold
Tot # Parking Spaces : 6
Tot # of Units : 6
List $/SqFt : $419
Age : 56
Apx Lot Sq Ft : 6,300 Sqft
Type of Building : Apt Complex
Annual Taxes : $26,648
Total Deposits : $0
ADDTL FEATURES MISC. : Balcony/patio, Other
ALL UNITS HAVE : Dishwasher, Refrigerator, Disposal, Updated Baths, Updated Kitchen
DISABLED FEATURES : Other
EQUIPMENT ADDITIONAL : Water Heater Gas
EXTERIOR : Stucco
FLOORING : Tile
LOT DESCRIPTION : Regular
ON-SITE PARKING DESC : Attached Garage, Garage Parking, Space Per Unit - 1
OPERATING EXPENSES : Electric, Gas, Insurance, Maintenance/repair, License/ads, Property Tax/assessments, Trash Removal, Utilities, Vacancy Factor, Water
SEPARATE METERS : Electric, Gas
SOME UNITS HAVE : Updated Baths, Updated Kitchen
TENANT PAYS : Cable Tv, Electric, Gas
UNITS-OTHER : Other
WATER/SEWER : Water - Public, Sewer System - Public
ENERGY SAVING FEATURE : Energy Star Appliances
Census Tract : 4105
Bus Sq Ft of Bldg : 0 Sqft
EXISTING LOAN : Other
Other Loans (Y/N) : No
1st Loan Balance : $3,000
2nd Loan Balance : $147,816
Tot Other Loans : $0
Financial Data Verif(Y/N) : 5.02
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 : $1,950,000
Sold Price : $1,900,000
Previous Price : $1,950,000
Sale $/SqFt : $0
