Comm Ri Multi-units 5+ For Sale
7,997 Sqft - 425 Ranker Place, HAYWARD, California 94544-3942
Property Description
Subject property consists of two buildings: 425 and 433 Ranker Place, totaling 10 units. Unit mix is eight 2-bedroom, 1.5 bath townhomes and two 1-bedroom, 1-bath second-floor flats. Fully leased. CAP rate is calculated using actual expenses from the most recent tax returns with property taxes calculated at the new owner’s rate based on the listed price. 425 Ranker Place is a six-unit building consisting of 4,838 square feet. 433 Ranker Place is a four-unit building consisting of 3,159 square feet. Units are individually metered for gas and electricity (paid by the tenants). Landlord pays water and trash. Recent complete property and pest inspections are on file. Pre escrow with Chicago Title Danville. Please do not disturb the tenants. Offer subject to inspection.
Basic Details
Property Type : Comm Ri Multi-units 5+
Listing Type : For Sale
Listing ID : 40942895
Price : $2,950,000
Bedrooms : 0
Bathrooms : 0
Half Bathrooms : 0
Square Footage : 7,997 Sqft
Year Built : 1967
Lot Area : 0.27 Sqft
Features
Heating System : Gas, Wall Furnace
Roof : Composition Shingles
Address Map
Country : US
State : CA
County : Alameda
City : HAYWARD
Zipcode : 94544-3942
Street : Ranker Place
Street Number : 425
Floor Number : 0
Longitude : W123° 55' 32''
Latitude : N37° 38' 24.2''
MLS Addon
Office Name : Heritage Properties
Building Type : Garden Apts
Area : Hayward
Address : 425 Ranker Place
Cross Street : Manon Avenue
Directions to Property : Huntwood/Schafer/Manon/Ranker
LA1User Code : 159500398
LA1Agent First Name : James
LA1Agent Last Name : Dye
Status Category : Sold
Tot # Parking Spaces : 12
Tot # of Units : 10
List $/SqFt : $369
Age : 54
Apx Lot Sq Ft : 11,622 Sqft
Type of Building : Apt Complex
Annual Taxes : $37,001
Total Deposits : $0
ADDTL FEATURES MISC. : Wired For Cable Tv
ALL UNITS HAVE : Oven Range Free Standing, Refrigerator
EQUIPMENT ADDITIONAL : Water Heater Gas, Natural Gas Connected, Internet Available, Individual Electric Meter, All Public Utilities, Individual Gas Meter, Smoke Detector, Double Strapped Water Htr, Carbon Mon Detector, Cable Connected
EXTERIOR : Stucco
FLOORING : Vinyl, Carpet, Tile, Laminate
LOT DESCRIPTION : Regular, Court, Partial Fence, Landscape Front
ON-SITE PARKING DESC : Attached Garage, Parking Area, Spaces - Assigned
OPERATING EXPENSES : Insurance, Maintenance/repair, License/ads, Property Tax/assessments, Trash Removal, Utilities, Vacancy Factor, Water, Miscellaneous/other
SEPARATE METERS : Electric, Gas
SOME UNITS HAVE : Updated Kitchen
TENANT PAYS : Cable Tv, Electric, Gas, Insurance
WATER/SEWER : Water - Public, Meter On Site, Sewer Connected, Sewer In & Connected
ENERGY SAVING FEATURE : Ceiling Insulation
LAUNDRY : Community Facility
Census Tract : 4377.01
Bus Sq Ft of Bldg : 0 Sqft
Other Loans (Y/N) : No
1st Loan Balance : $7,200
2nd Loan Balance : $225,336
Tot Other Loans : $0
Financial Data Verif(Y/N) : 4.8
FINANCIAL DATA SOURCE : Tax Return
Ann Act Gross Inc : $0
Gross Oper Actual Inc : $0
Listing Type : Excl Right
Listing Service : Full Service
Special Information : None
Original Price : $2,950,000
Sold Price : $2,851,050
Previous Price : $2,950,000
Sale $/SqFt : $0
Gross Oper Actual Inc : 218576
Annual Gross Sched Inc : 225336
Net Oper Income : 141606
Annual Mgmt Exp : 0
Annual License Exp : 410
Annual Util Exp : 16950
Other Ann Exp : 10664
Tot Ann Oper Exp : 76970
First Loan Payment : 0
First Balance : 0
Annual Insurance Exp : 4745
INTERNET DISPLAY : 0
INTERNET SITES : 0
SA1Agent Type : 0
Buyer Broker DRE Number : 01705676
Gross Rent Multiplier : 13.09
ZIDX Only Street Name : Ranker Place
Buyer Agent DRE Num. : 01705676
Co List Agent DRE Num. : 00897803
List Agent DRE Num. : 00897803
LA1Agent License ID : 00897803
LA1NRDS_ID : 159500398
SA1Agent First Name : NON MEMBER
SA1Agent Last Name : OUT OF AREA
SA1User Code : 206599999
SA1NRDS_ID : 206599999
Annual Vacancy : 6760
Gross Income : 225336
Listing Broker DRE Numbe : 00897803
Sale/Original $ : 97
Annual Exp Yr : 76790
Sale $/SqFt : 357
1st - Yrs Remaining : 0
Sale/Last List $ : 97
Interest Rate : 0
Board ID : CONTRA COSTA
Managers Unit : No
Assessors Parcel No : 453-40-36 and 37
Showing : Offer subject to inspection, reports on file
SO1Office Abbreviation : SSAK01
SO1Office Name : Bay East AOR
LO1Main Office ID : 827
LO1Board ID : 0
LO2Office Identifier : 0
LO2Main Office ID : 0
SO1Office Identifier : 3161
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 : 2851050
Address Search Number : 425
Listing Agent : 14437
Listing Office : 827
Co-List Agent : 0
Listing Office 2 : 0
Apprx Equity : 2950000
Buyer Agent 1 : 24149
Buying Office 1 : 3161
Co-Sell Agent : 0
Buying Office 2 : 0
Photo Count : 7
Input Date : 26/03/2021 04:08:18
Update Date : 14/04/2021 21:03:14
PhotoTimestamp : 14/04/2021 21:03:14
First Photo Add Timestamp : 26/03/2021 04:10:44
List Date : 25/03/2021
Expire Date :
Pending Date : 30/03/2021
Closing Date : 13/04/2021
Status Date : 14/04/2021
Price Date : 14/04/2021
Off Market Date : 30/03/2021
Status : Sold
Dual Variable : No
HOA : No
New Subdivision : No
City Transfer Tax : Yes
Ocpnt Req 24 Hr : Yes
Off Market Status Date :
LVT Date : 25/03/2021
DOMLS : 5
Cumulative DOMLS : 5
Unit # 1 # of Bathrooms: 1.5
Unit # 1 # of Bedrooms: 2
Unit # 1 Air Cond.: No
Unit # 1 Fireplace: No
Unit # 1 Parking Spaces: 1
Unit # 1 Range Oven: Yes
Unit # 1 Refrigerator: Yes
Unit 1 # Units This Type?: 8
Unit # 2 # of Bathrooms: 1
Unit # 2 # of Bedrooms: 1
Unit # 2 Air Cond.: No
Unit # 2 Fireplace: No
Unit # 2 Parking Spaces: 1
Unit # 2 Range Oven: Yes
Unit # 2 Refrigerator: Yes
Unit 2 # Units This Type?: 2
