Comm Ri Multi-units 5+ For Sale
6,670 Sqft - 5900 Claremont Ave, OAKLAND, California 94618
Property Description
First time on market! 5900 Claremont is a 7-unit property consisting of four 1-bed 1-bath, two 2-bed 1-bath and one 2.5-bedroom, 1-bathroom unit. Each apartment is separately metered for PGE and Water. All units come with a garage with washer / dryer hook-ups. Built in 1941, the property boasts hardwood floors and original period details. The location near Rockridge BART and rental upside present a unique opportunity that rarely comes available. 5900 Claremont is located in Oakland’s highly sought after Rockridge neighborhood. Situated two blocks from BART and College Ave., the core location commands premium rents. Local favorites Wood Tavern, Cole Coffee, A16 and A Cote’ are a few of the treasured spots on College Ave. Close proximity to BART and the 24 freeway provide easy access to downtown Oakland and San Francisco.
Basic Details
Property Type : Comm Ri Multi-units 5+
Listing Type : For Sale
Listing ID : 40931504
Price : $2,350,000
Bedrooms : 0
Bathrooms : 0
Half Bathrooms : 0
Square Footage : 6,670 Sqft
Year Built : 1941
Lot Area : 0.28 Sqft
Features
Heating System : See Remarks
Basement : Other
Roof : See Remarks
Address Map
Country : US
State : CA
County : Alameda
City : OAKLAND
Zipcode : 94618
Street : Claremont Ave
Street Number : 5900
Floor Number : 0
Longitude : W123° 44' 44.1''
Latitude : N37° 50' 47.2''
MLS Addon
Office Name : JOSEPH M. TAPIA, BROKER
Building Type : Lowrise (1-3 Flrs)
Area : Oakland Zip Code 94618
Address : 5900 Claremont Ave
Cross Street : Chabot Rd
Directions to Property : Telegraph Ave to Claremont Ave
LA1User Code : R01700439
LA1Agent First Name : Grant
LA1Agent Last Name : Chappell
Status Category : Sold
Tot # Parking Spaces : 7
Tot # of Units : 7
List $/SqFt : $352
Age : 79
Apx Lot Sq Ft : 12,200 Sqft
Type of Building : Apt Complex
Annual Taxes : $35,688
Total Deposits : $0
ADDTL FEATURES MISC. : Garden
EQUIPMENT ADDITIONAL : Water Heater Gas, Individual Electric Meter, Individual Gas Meter, Smoke Detector, See Remarks, Unguarded Gate
EXTERIOR : Stucco
FLOORING : See Remarks
LOT DESCRIPTION : Corner
ON-SITE PARKING DESC : Attached Garage, Int Access From Garage
OPERATING EXPENSES : Insurance, Maintenance/repair, License/ads, Property Tax/assessments, Trash Removal, Vacancy Factor
SEPARATE METERS : Electric, Gas, Water
TENANT PAYS : Electric, Gas, Water
WATER/SEWER : Water - Public, Sewer System - Public
LAUNDRY : See Remarks
Census Tract : 4002
Bus Sq Ft of Bldg : 0 Sqft
EXISTING LOAN : See Remarks
Other Loans (Y/N) : No
1st Loan Balance : $5,250
2nd Loan Balance : $132,576
Tot Other Loans : $0
Financial Data Verif(Y/N) : 3.2
FINANCIAL DATA SOURCE : Owner
Ann Act Gross Inc : $0
Gross Oper Actual Inc : $0
Listing Type : Excl Right
Listing Service : Full Service
Special Information : None
Original Price : $2,350,000
Sold Price : $2,100,000
Previous Price : $2,350,000
Sale $/SqFt : $0
Gross Oper Actual Inc : 128598
Annual Gross Sched Inc : 132576
Net Oper Income : 74145
Annual Mgmt Exp : 0
Annual License Exp : 2069
Annual Util Exp : 6444
Other Ann Exp : 0
Tot Ann Oper Exp : 53453
First Loan Payment : 0
First Balance : 0
Annual Insurance Exp : 4002
INTERNET DISPLAY : 0
INTERNET SITES : 0
SA1Agent Type : 0
Buyer Broker DRE Number : 01870488
Gross Rent Multiplier : 17.7
ZIDX Only Street Name : Claremont Ave
Buyer Agent DRE Num. : 01700439
Co List Agent DRE Num. : 01700439
List Agent DRE Num. : 01700439
LA1Agent License ID : 01700439
SA1Agent First Name : Grant
SA1Agent Last Name : Chappell
SA1Agent License ID : 01700439
SA1User Code : R01700439
Annual Vacancy : 3977
Gross Income : 128598
Listing Broker DRE Numbe : 01870488
Sale/Original $ : 89
Annual Exp Yr : 2018
Sale $/SqFt : 315
1st - Yrs Remaining : 0
Sale/Last List $ : 89
Interest Rate : 0
Board ID : OAKLAND BERKELEY
Assessors Parcel No : 14-1268-23
Showing : Contact broker for showings
SO1Office Abbreviation : OBOJMTB
SO1Office Name : JOSEPH M. TAPIA, BROKER
LO1Main Office ID : 41278
LO1Board ID : 0
LO2Office Identifier : 0
LO2Main Office ID : 0
SO1Office Identifier : 41278
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 : 2100000
Address Search Number : 5900
Listing Agent : 114920
Listing Office : 41278
Co-List Agent : 0
Listing Office 2 : 0
Apprx Equity : 0
Buyer Agent 1 : 114920
Buying Office 1 : 41278
Co-Sell Agent : 0
Buying Office 2 : 0
Photo Count : 6
Input Date : 09/12/2020 22:09:47
Update Date : 04/03/2021 23:58:25
PhotoTimestamp : 09/12/2020 22:09:49
First Photo Add Timestamp : 09/12/2020 22:09:49
List Date : 09/12/2020
Expire Date :
Pending Date : 22/12/2020
Closing Date : 04/03/2021
Status Date : 04/03/2021
Price Date : 04/03/2021
Off Market Date : 22/12/2020
Status : Sold
Dual Variable : Yes
City Transfer Tax : Yes
Point of Sale Ordinance : Yes
Ocpnt Req 24 Hr : Yes
Off Market Status Date :
LVT Date : 09/12/2020
DOMLS : 13
Cumulative DOMLS : 13
