Properties

Comm Ri Multi-units 5+ For Sale

5,214 Sqft - 392 Callan Avenue, SAN LEANDRO, California 94577

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Property Description

392 Callan Avenue is on a 7,300 square foot lot and has a total of six units. The unit mix is very desirable and includes Two 1 Bedroom and Four 2 Bedroom units. The units have been renovated with hardwood floors, new cabinets, and appliances. Some units have in unit laundry and plenty of storage space. Additional community amenities include covered parking and new landscaping. The subject property is located just two blocks from San Leandro Plaza and Pelton Shopping center San Leandro’s finest dining destinations are all within walking distance. With San Leandro BART located just a half mile away, this is an ideal location for tenants commuting to Downtown Oakland and San Francisco via BART. In place rents are significantly under market while rent growth in the East Bay remains extremely strong 392 Callan Street is an opportunity for investors to acquire a renovated asset and increase rents upon turnover.

Basic Details
Property Type : Comm Ri Multi-units 5+
Listing Type : For Sale
Listing ID : 40894246
Price : $2,088,000
Bedrooms : 0
Bathrooms : 0
Half Bathrooms : 0
Square Footage : 5,214 Sqft
Year Built : 1912
Lot Area : 0.17 Sqft
Features
Heating System : Gas
Cooling System : Other
Basement : Other
Roof : Other
Address Map
Country : US
State : CA
County : Alameda
City : SAN LEANDRO
Zipcode : 94577
Street : Callan Avenue
Street Number : 392
Floor Number : 0
Longitude : W123° 50' 50.1''
Latitude : N37° 43' 37.8''
MLS Addon
Office Name : MARCUS & MILLICHAP
Building Type : Lowrise (1-3 Flrs)
Area : San Leandro
Address : 392 Callan Avenue
Cross Street : Santa Rosa
Directions to Property : Bancroft to Callan Ave
LA1User Code : R01980615
LA1Agent First Name : LOUIS
LA1Agent Last Name : KWOK
Status Category : Sold
Tot # Parking Spaces : 5
Tot # of Units : 6
List $/SqFt : $400
Age : 108
Apx Lot Sq Ft : 7,405 Sqft
Type of Building : Apt Complex
Annual Taxes : $27,175
Total Deposits : $0
ADDTL FEATURES MISC. : Other
EQUIPMENT ADDITIONAL : Other
EXTERIOR : Stucco
FLOORING : Hardwood Floors
LOT DESCRIPTION : Other
ON-SITE PARKING DESC : Covered Parking
TENANT PAYS : Electric, Gas, Water
UNITS-OTHER : Other
WATER/SEWER : Other
Census Tract : 4326.00
Bus Sq Ft of Bldg : 0 Sqft
EXISTING LOAN : Assumable Qualify
Other Loans (Y/N) : No
1st Loan Balance : $3,300
2nd Loan Balance : $127,140
Tot Other Loans : $0
Financial Data Verif(Y/N) : 4.22
FINANCIAL DATA SOURCE : Other
Ann Act Gross Inc : $0
Gross Oper Actual Inc : $0
Listing Type : Excl Right
Listing Service : Full Service
Special Information : None
Original Price : $2,258,000
Sold Price : $1,935,000
Previous Price : $2,258,000
Sale $/SqFt : $0
Gross Oper Actual Inc : 123962
Annual Gross Sched Inc : 123962
Net Oper Income : 86035
Annual Mgmt Exp : 0
Annual License Exp : 500
Annual Util Exp : 1728
Other Ann Exp : 0
Tot Ann Oper Exp : 37927
First Loan Payment : 0
First Balance : 0
Annual Insurance Exp : 2760
INTERNET DISPLAY : 0
INTERNET SITES : 0
SA1Agent Type : 0
Buyer Broker DRE Number : 01853816
ZIDX Only Street Name : Callan Avenue
Buyer Agent DRE Num. : 01853816
Co List Agent DRE Num. : 01980615
List Agent DRE Num. : 01980615
LA1Agent License ID : 01980615
SA1Agent First Name : Robert
SA1Agent Last Name : Johnston
SA1Agent License ID : 01853816
SA1User Code : ML230805
SA1NRDS_ID : 01853816
Annual Vacancy : 0
Gross Income : 127140
Listing Broker DRE Numbe : 01980615
Sale/Original $ : 86
Annual Exp Yr : 0
Sale $/SqFt : 371
1st - Yrs Remaining : 0
Sale/Last List $ : 93
Interest Rate : 0
Board ID : OAKLAND BERKELEY
Showing : By Appointment
SO1Office Abbreviation : ML88226
SO1Office Name : Marcus & Millichap
LO1Main Office ID : 10096
LO1Board ID : 0
LO2Office Identifier : 0
LO2Main Office ID : 0
SO1Office Identifier : 37518
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 : 1935000
Address Search Number : 392
Listing Agent : 291361
Listing Office : 18625
Co-List Agent : 0
Listing Office 2 : 0
Apprx Equity : 0
Buyer Agent 1 : 304348
Buying Office 1 : 37518
Co-Sell Agent : 0
Buying Office 2 : 0
Photo Count : 18
Input Date : 04/02/2020 22:53:30
Update Date : 10/03/2021 15:36:26
PhotoTimestamp : 16/07/2020 00:59:14
First Photo Add Timestamp : 04/02/2020 22:53:32
List Date : 04/02/2020
Expire Date :
Pending Date : 01/05/2020
Closing Date : 15/07/2020
Status Date : 15/07/2020
Price Date : 15/07/2020
Off Market Date : 01/05/2020
Status : Sold
Dual Variable : No
City Transfer Tax : Yes
Point of Sale Ordinance : No
Ocpnt Req 24 Hr : Yes
Off Market Status Date : 14/02/2020
LVT Date : 04/02/2020
DOMLS : 83
Cumulative DOMLS : 83
Unit # 1 # of Bathrooms: 1
Unit # 1 # of Bedrooms: 1
Unit # 1 Rent: 1690
Unit 1 # Units This Type?: 2
Unit # 2 # of Bathrooms: 1
Unit # 2 # of Bedrooms: 2
Unit # 2 Rent: 1804
Unit 2 # Units This Type?: 4
Comm Ri Multi-units 5+ For Sale
  • Listing ID : 40894246
  • Bedrooms : 0
  • Bathrooms : 0
  • Square Footage : 5,214 Sqft
$2,088,000
Agent info
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