Properties

Comm Ri Multi-units 5+ For Sale

7,154 Sqft - 4633 Fairfax Ave, OAKLAND, California 94601

QR Code
Property Description

Located in a prime Oakland location, this property consists of five (5) large 3bd/1ba units with strong in-place cash flow. The property offers covered off-street parking, on-site laundry, and a fantastic central location. WATER, gas, and electric are all individually metered keeping expenses low. This is a great opportunity to acquire an asset with a STRONG in-place return. 4633 Fairfax Avenue is located in the Fairfax neighborhood of Oakland. This attractive location is ideal for tenants commuting to all points of the Bay Area. Commuters utilizing public transportation will see the benefit of living near city bus lines and a close distance to the Fruitvale BART station. The property is just one block off of High Street allowing easy access to both I-580 and I-880. Because of this property’s appealing location, it will continue to demand premium tenants and maintain a very low vacancy rate.

Basic Details
Property Type : Comm Ri Multi-units 5+
Listing Type : For Sale
Listing ID : 40888977
Price : $1,600,000
Bedrooms : 0
Bathrooms : 0
Half Bathrooms : 0
Square Footage : 7,154 Sqft
Year Built : 1990
Lot Area : 0.17 Sqft
Features
Heating System : Forced Air 1 Zone
Cooling System : Central 1 Zone A/c
Basement : Other
Roof : Composition Shingles
Address Map
Country : US
State : CA
County : Alameda
City : OAKLAND
Zipcode : 94601
Street : Fairfax Ave
Street Number : 4633
Floor Number : 0
Longitude : W123° 47' 42.5''
Latitude : N37° 46' 46.4''
MLS Addon
Office Name : JOSEPH M. TAPIA, BROKER
Building Type : Apt Complex
Area : Oakland Zip Code 94601
Address : 4633 Fairfax Ave
Cross Street : Broadway
Directions to Property : 14th St and Broadway
LA1User Code : R02008347
LA1Agent First Name : TIMOTHY
LA1Agent Last Name : WARREN
Status Category : Sold
Tot # Parking Spaces : 8
Tot # of Units : 5
List $/SqFt : $224
Age : 29
Apx Lot Sq Ft : 7,500 Sqft
Type of Building : Apt Complex
Annual Taxes : $21,865
Total Deposits : $0
ADDTL FEATURES MISC. : Balcony/patio, Extra Storage
EXTERIOR : Wood Siding
FLOORING : Tile, Laminate
LOT DESCRIPTION : Up Slope
ON-SITE PARKING DESC : Parking Area, Carports - 2 Or More
TENANT PAYS : Electric, Gas
WATER/SEWER : Water - Public, Sewer System - Public
Census Tract : 4076.00
Bus Sq Ft of Bldg : 0 Sqft
EXISTING LOAN : Other
Other Loans (Y/N) : No
1st Loan Balance : $5,000
2nd Loan Balance : $160,500
Tot Other Loans : $0
Financial Data Verif(Y/N) : 6.76
FINANCIAL DATA SOURCE : Owner, Estimated
Ann Act Gross Inc : $0
Gross Oper Actual Inc : $0
Listing Type : Excl Right
Listing Service : Full Service
Special Information : None
Original Price : $1,600,000
Sold Price : $1,536,000
Previous Price : $1,600,000
Sale $/SqFt : $0
Comm Ri Multi-units 5+ For Sale
  • Listing ID : 40888977
  • Bedrooms : 0
  • Bathrooms : 0
  • Square Footage : 7,154 Sqft
$1,600,000
Agent info
Contact Agent