Properties

Comm Ri Multi-units 5+ For Sale

0.76 Acre - 6054 Cedar Boulevard, NEWARK, California 94560

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Property Description

The property is a 40-unit apartment community located in thriving Newark, Ca.*The property consists of 4 separate parcels of land and 8 buildings: 92A-617-45-1, 92A-617-44, 92A-617-43-1, 92A-617-40-1. Situated on 1.26-acre parcels of land, the subject property was originally constructed in 1962 and has a gross building area of approximately 32,997 sq ft, offering its tenants beautifully designed two-bedroom floor plans. It has recently undergone significant exterior and interior renovations. Over $1.1 million dollars have been spent on capital improvements. Unit interiors have been remodeled with modern high-end designer finishes, dual pane windows, updated kitchens, modern hard flooring, designer paint, electronic thermostats, and in-unit washer/dryers*. There are also individual water heaters in every unit. The subject property features convenient community amenities including a sunny community courtyard, bbq/picnic area, private carport parking, and laundry. *In select units

Basic Details
Property Type : Comm Ri Multi-units 5+
Listing Type : For Sale
Listing ID : ML81798161
Price : $16,250,000
Bedrooms : 0
Bathrooms : 0
Half Bathrooms : 0
Square Footage : 0.76 Acre
Year Built : 1962
Lot Area : 1.26 Sqft
Features
Heating System : Wall Furnace
Cooling System : Other
Roof : Composition Shingles
Address Map
Country : US
State : CA
County : Alameda
City : NEWARK
Zipcode : 94560
Street : Cedar Boulevard
Street Number : 6054
Floor Number : 0
Longitude : W123° 57' 18.4''
Latitude : N37° 32' 49.9''
MLS Addon
Office Name : Marcus & Millichap
Building Type : Other
Area : Newark
Address : 6054 Cedar Boulevard
LA1User Code : MLL482270
LA1Agent First Name : Robert
LA1Agent Last Name : Johnston
Status Category : Sold
Tot # Parking Spaces : 12
Tot # of Units : 0
Zoning : RM,
List $/SqFt : $0
Age : 58
Apx Lot Sq Ft : 54,885 Sqft
Type of Building : Apt Complex
Annual Taxes : $208,032
Total Deposits : $0
DISABLED FEATURES : Other
ON-SITE PARKING DESC : Covered Parking, Spaces - Assigned
OPERATING EXPENSES : Maintenance/repair, Trash Removal, Utilities
TENANT PAYS : Electric, Gas, Water
Bus Sq Ft of Bldg : 0 Sqft
Other Loans (Y/N) : No
1st Loan Balance : $0
2nd Loan Balance : $0
Tot Other Loans : $0
Financial Data Verif(Y/N) : 4.51
Ann Act Gross Inc : $0
Gross Oper Actual Inc : $0
Listing Type : Excl Right
Listing Service : Full Service
Special Information : None
Original Price : $16,250,000
Sold Price : $15,500,000
Previous Price : $0
Sale $/SqFt : $0
Gross Oper Actual Inc : 0
Annual Gross Sched Inc : 1072330
Net Oper Income : 732729
Annual Mgmt Exp : 0
Annual License Exp : 0
Annual Util Exp : 7313
Other Ann Exp : 0
Tot Ann Oper Exp : 0
First Loan Payment : 0
First Balance : 0
Annual Insurance Exp : 0
INTERNET DISPLAY : 0
INTERNET SITES : 0
SA1Agent Type : 0
Gross Rent Multiplier : 15.15
Buyer Agent DRE Num. : 01738155
List Agent DRE Num. : 01853816
Filtered Address : 6054 Cedar BLVD
LA1Agent License ID : 01853816
LA1Old Agent ID : 230805
LA1NRDS_ID : 01853816
LA2Agent First Name : Adam S.
LA2Agent Last Name : Levin
LA2User Code : MLL478732
LA2Old Agent ID : 224354
SA1Agent First Name : Carlos
SA1Agent Last Name : Azucena
SA1Agent License ID : 01738155
SA1User Code : MLL478730
SA1Old Agent ID : 224356
Annual Vacancy : 0
Gross Income : 0
Sale/Original $ : 0
Annual Exp Yr : 0
Sale $/SqFt : 0
1st - Yrs Remaining : 0
Sale/Last List $ : 0
Interest Rate : 0
Board ID : MLSListings Datashare
Assessors Parcel No : 92A-617-45-1
Showing : See Confidential Remarks
LO2Office Name : Marcus & Millichap
SO1Office Abbreviation : MLL88226
SO1Office Name : Marcus & Millichap
LO1Main Office ID : 74903
LO1Board ID : 0
LO2Office Identifier : 74903
LO2Main Office ID : 74903
SO1Office Identifier : 74903
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 : 15500000
Address Search Number : 6054
Listing Agent : 269729
Listing Office : 74903
Co-List Agent : 267804
Listing Office 2 : 74903
Apprx Equity : 0
Buyer Agent 1 : 267802
Buying Office 1 : 74903
Co-Sell Agent : 0
Buying Office 2 : 0
Photo Count : 11
Input Date : 25/06/2020 03:26:37
Update Date : 17/02/2021 19:23:33
PhotoTimestamp : 30/12/2020 06:41:38
First Photo Add Timestamp :
List Date : 25/06/2020
Expire Date :
Pending Date : 28/12/2020
Closing Date : 05/02/2021
Status Date : 16/02/2021
Price Date :
Off Market Date : 28/12/2020
Status : Sold
HOA : No
Off Market Status Date :
LVT Date :
DOMLS : 187
Cumulative DOMLS : 187
Unit # 1 # of Bedrooms: 2
Unit # 1 Approx. SqFt: 850
Unit # 2 # of Bedrooms: 2
Unit # 2 Approx. SqFt: 850
Comm Ri Multi-units 5+ For Sale
  • Listing ID : ML81798161
  • Bedrooms : 0
  • Bathrooms : 0
  • Square Footage : 0.76 Acre
$16,250,000
Agent info
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