Comm Ri Multi-units 5+ For Sale
4,728 Sqft - 291 Hanover Ave, OAKLAND, California 94606
Property Description
Great investment opportunity 1 block to Lake Merritt. Front building (4plex) has very spacious 1 bdrm units. Rear building is a 2 bdrm unit. Convenient to Downtown and just minutes to Lakeshore/Grand Ave shopping/restaurants.
Basic Details
Property Type : Comm Ri Multi-units 5+
Listing Type : For Sale
Listing ID : 40922535
Price : $1,550,000
Bedrooms : 0
Bathrooms : 0
Half Bathrooms : 0
Square Footage : 4,728 Sqft
Year Built : 1924
Lot Area : 0.17 Sqft
Features
Heating System : Gas, Wall Furnace
Basement : Partial
Roof : Unknown
Address Map
Country : US
State : CA
County : Alameda
City : OAKLAND
Zipcode : 94606
Street : Hanover Ave
Street Number : 291
Floor Number : 0
Longitude : W123° 44' 52.2''
Latitude : N37° 48' 10.6''
MLS Addon
Office Name : VALVA REALTY COMPANY
Building Type : Lowrise (1-3 Flrs)
Area : Oakland Zip Code 94606
Address : 291 Hanover Ave
Cross Street : Lakeshore
Directions to Property : Lakeshore to Hanover
LA1User Code : R00776842
LA1Agent First Name : BRUCE
LA1Agent Last Name : CHAMBERS
Status Category : Sold
Tot # Parking Spaces : 5
Tot # of Units : 5
List $/SqFt : $328
Age : 96
Apx Lot Sq Ft : 7,200 Sqft
Type of Building : Apt Complex
Annual Taxes : $23,800
Total Deposits : $0
ADDTL FEATURES MISC. : Garden, Lawn Sprinkler
ALL UNITS HAVE : Oven Range Free Standing, Refrigerator
EQUIPMENT ADDITIONAL : Dryer, Washer
EXTERIOR : Stucco, Wood Frame
FLOORING : Linoleum, Hardwood Floors, Partial Carpeting
LOT DESCRIPTION : Up Slope
ON-SITE PARKING DESC : Parking Area, Other, Covered Parking
OPERATING EXPENSES : Insurance, Maintenance/repair, License/ads, Property Tax/assessments, Trash Removal, Water
SEPARATE METERS : Electric, Gas
SOME UNITS HAVE : Other
TENANT PAYS : Cable Tv, Electric, Gas
WATER/SEWER : Water - Public, Sewer System - Public
LAUNDRY : Coin Operated, In Garage
Census Tract : 0
Bus Sq Ft of Bldg : 0 Sqft
Other Loans (Y/N) : No
1st Loan Balance : $7,196
2nd Loan Balance : $124,200
Tot Other Loans : $0
Financial Data Verif(Y/N) : 4.47
FINANCIAL DATA SOURCE : Owner, Estimated, Incomplete
Ann Act Gross Inc : $0
Gross Oper Actual Inc : $0
Listing Type : Excl Right
Listing Service : Full Service
Special Information : None
Original Price : $1,700,000
Sold Price : $1,515,000
Previous Price : $1,700,000
Sale $/SqFt : $0
Gross Oper Actual Inc : 124200
Annual Gross Sched Inc : 124200
Net Oper Income : 76128
Annual Mgmt Exp : 0
Annual License Exp : 2238
Annual Util Exp : 3418
Other Ann Exp : 9660
Tot Ann Oper Exp : 48072
First Loan Payment : 0
First Balance : 0
Annual Insurance Exp : 1620
INTERNET DISPLAY : 0
INTERNET SITES : 0
SA1Agent Type : 0
Buyer Broker DRE Number : 01946412
Gross Rent Multiplier : 13.69
ZIDX Only Street Name : Hanover Ave
Buyer Agent DRE Num. : 01866318
Co List Agent DRE Num. : 00776842
List Agent DRE Num. : 00776842
LA1Agent License ID : 00776842
SA1Agent First Name : NICHOLAS
SA1Agent Last Name : MYERHOFF
SA1Agent License ID : 01866318
SA1User Code : R01866318
Annual Vacancy : 0
Gross Income : 124200
Listing Broker DRE Numbe : 00976984
Sale/Original $ : 89
Annual Exp Yr : 0
Sale $/SqFt : 320
1st - Yrs Remaining : 0
Sale/Last List $ : 98
Interest Rate : 0
Board ID : OAKLAND BERKELEY
Assessors Parcel No : 22-308-29
Showing : Tour dates TBD
SO1Office Abbreviation : OBONMB
SO1Office Name : NICHOLAS MYERHOFF, BROKER
LO1Main Office ID : 10592
LO1Board ID : 0
LO2Office Identifier : 0
LO2Main Office ID : 0
SO1Office Identifier : 39706
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 : 1515000
Address Search Number : 291
Listing Agent : 9149
Listing Office : 10592
Co-List Agent : 0
Listing Office 2 : 0
Apprx Equity : 0
Buyer Agent 1 : 97675
Buying Office 1 : 39706
Co-Sell Agent : 0
Buying Office 2 : 0
Photo Count : 2
Input Date : 25/09/2020 19:53:08
Update Date : 17/02/2021 17:57:48
PhotoTimestamp : 07/10/2020 20:11:17
First Photo Add Timestamp : 25/09/2020 19:53:09
List Date : 25/09/2020
Expire Date :
Pending Date : 24/12/2020
Closing Date : 16/02/2021
Status Date : 17/02/2021
Price Date : 17/02/2021
Off Market Date : 24/12/2020
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 : 25/09/2020
DOMLS : 90
Cumulative DOMLS : 90
Unit # 1 # of Bathrooms: 1
Unit # 1 # of Bedrooms: 2
Unit # 1 Air Cond.: No
Unit # 1 Approx. SqFt: 800
Unit # 1 Dining Room: No
Unit # 1 Fireplace: No
Unit # 1 Parking Spaces: 1
Unit # 1 Range Oven: Yes
Unit # 1 Refrigerator: Yes
Unit # 1 Rent: 2400
Unit 1 # Units This Type?: 1
Unit # 2 # of Bathrooms: 1
Unit # 2 # of Bedrooms: 1
Unit # 2 Air Cond.: No
Unit # 2 Approx. SqFt: 950
Unit # 2 Dining Room: Yes
Unit # 2 Fireplace: No
Unit # 2 Range Oven: Yes
Unit # 2 Refrigerator: Yes
Unit # 2 Rent: 2400
Unit 2 # Units This Type?: 1
Unit # 3 # of Bathrooms: 1
Unit # 3 # of Bedrooms: 1
Unit # 3 Air Cond.: No
Unit # 3 Approx. SqFt: 950
Unit # 3 Dining Room: Yes
Unit # 3 Fireplace: No
Unit # 3 Parking Spaces: 2
Unit # 3 Range Oven: Yes
Unit # 3 Refrigerator: Yes
Unit # 3 Rent: 2300
Unit 3 # Units This Type?: 1
Unit # 4 # of Bathrooms: 1
Unit # 4 # of Bedrooms: 1
Unit # 4 Air Cond.: No
Unit # 4 Approx. SqFt: 950
Unit # 4 Dining Room: Yes
Unit # 4 Fireplace: No
Unit # 4 Parking Spaces: 1
Unit # 4 Range Oven: Yes
Unit # 4 Refrigerator: Yes
Unit # 4 Rent: 1675
Unit 4 # Units This Type?: 1
Unit # 5 # of Bathrooms: 1
Unit # 5 # of Bedrooms: 1
Unit # 5 Air Cond.: No
Unit # 5 Approx. SqFt: 950
Unit # 5 Dining Room: Yes
Unit # 5 Fireplace: No
Unit # 5 Parking Spaces: 1
Unit # 5 Range Oven: Yes
Unit # 5 Refrigerator: Yes
Unit # 5 Rent: 1575
Unit 5 # Units This Type?: 1
