Comm Ri Multi-units 5+ For Sale
5,474 Sqft - 2382 Grande Vista Place, OAKLAND, California 94601
Property Description
The Ben Weil Team is excited to bring you this wonderful investment opportunity that is priced to sell in this highly sought after area of Oakland. The Building has a 12.1% immediate return and is in turn-key condition with extensive remodels throughout. ? 2382 & 2390 Grande Vista Place is located on a quiet cul-de-sac and consist of two four unit buildings on two separate lots nearly 10k/sf each. Although they are separate buildings the property is being sold as one 8 unit secured apartment complex with an added bonus of being able to receive residential financing! Potential to add 2 additional units per lot (Zoned for RM-3)
Basic Details
Property Type : Comm Ri Multi-units 5+
Listing Type : For Sale
Listing ID : 40928627
Price : $2,375,000
Bedrooms : 0
Bathrooms : 0
Half Bathrooms : 0
Square Footage : 5,474 Sqft
Year Built : 1952
Lot Area : 0.43 Sqft
Features
Heating System : Forced Air 1 Zone, Other Heat
Cooling System : Other
Roof : Other
Address Map
Country : US
State : CA
County : Alameda
City : OAKLAND
Zipcode : 94601
Street : Grande Vista Place
Street Number : 2382
Floor Number : 0
Longitude : W123° 46' 33.4''
Latitude : N37° 47' 38.4''
MLS Addon
Office Name : COMPASS
Building Type : 5 Or More Units
Area : Oakland Zip Code 94601
Address : 2382 Grande Vista Place
Cross Street : Grande vista
Directions to Property : south of 23rd ave
LA1User Code : R01816078
LA1Agent First Name : Ben
LA1Agent Last Name : Weil
Status Category : Sold
Tot # Parking Spaces : 8
Tot # of Units : 8
List $/SqFt : $434
Age : 68
Apx Lot Sq Ft : 18,540 Sqft
Type of Building : Apt Complex
Annual Taxes : $0
Total Deposits : $0
ADDTL FEATURES MISC. : Other, Extra Storage, Play Area, Security Building
ALL UNITS HAVE : Other
DISABLED FEATURES : Other
EQUIPMENT ADDITIONAL : Other, Secured Access, Security Fence
EXTERIOR : Siding - Stucco
FLOORING : Tile, Hardwood Floors
LOT DESCRIPTION : Cul-de-sac, Security Gate, See Remarks, Paved
ON-SITE PARKING DESC : Carports - 2 Or More, Other
OPERATING EXPENSES : Other, Utilities
SEPARATE METERS : Electric, Gas
SOME UNITS HAVE : Other
TENANT PAYS : Electric, Gas, Other
UNITS-OTHER : Other
WATER/SEWER : Other
ENERGY SAVING FEATURE : Other
LAUNDRY : Coin Operated, Common Room
Census Tract : no
Bus Sq Ft of Bldg : 0 Sqft
EXISTING LOAN : Other
Other Loans (Y/N) : No
1st Loan Balance : $0
2nd Loan Balance : $184,320
Tot Other Loans : $1,800
Financial Data Verif(Y/N) : 5.24
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 : $2,420,000
Sold Price : $2,300,000
Previous Price : $2,420,000
Sale $/SqFt : $0
Gross Oper Actual Inc : 184277
Annual Gross Sched Inc : 0
Net Oper Income : 126908
Annual Mgmt Exp : 0
Annual License Exp : 0
Annual Util Exp : 0
Other Ann Exp : 0
Tot Ann Oper Exp : 57368
First Loan Payment : 0
First Balance : 0
Annual Insurance Exp : 0
INTERNET DISPLAY : 0
INTERNET SITES : 0
SA1Agent Type : 0
Buyer Broker DRE Number : 020665971
Gross Rent Multiplier : 13.1
ZIDX Only Street Name : Grande Vista Place
Buyer Agent DRE Num. : 01349706
Co List Agent DRE Num. : 01816078
List Agent DRE Num. : 01816078
LA1Agent License ID : 01816078
SA1Agent First Name : Chad
SA1Agent Last Name : Shepard
SA1Agent License ID : 01349706
SA1User Code : R01349706
Annual Vacancy : 0
Gross Income : 0
Listing Broker DRE Numbe : 01816078
Sale/Original $ : 95
Annual Exp Yr : 0
Sale $/SqFt : 420
1st - Yrs Remaining : 0
Sale/Last List $ : 97
Interest Rate : 0
Board ID : Bridge AOR
Showing : By appointment
SO1Office Abbreviation : OBBCMS
SO1Office Name : Mira Vista Properties
LO1Main Office ID : 15809
LO1Board ID : 0
LO2Office Identifier : 0
LO2Main Office ID : 0
SO1Office Identifier : 43160
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 : 2300000
Address Search Number : 2382
Listing Agent : 92631
Listing Office : 15809
Co-List Agent : 0
Listing Office 2 : 0
Apprx Equity : 0
Buyer Agent 1 : 34285
Buying Office 1 : 43160
Co-Sell Agent : 0
Buying Office 2 : 0
Photo Count : 18
Input Date : 09/11/2020 21:28:43
Update Date : 14/07/2021 21:20:27
PhotoTimestamp : 14/07/2021 21:20:27
First Photo Add Timestamp : 09/11/2020 21:28:46
List Date : 09/11/2020
Expire Date :
Pending Date : 07/03/2021
Closing Date : 14/07/2021
Status Date : 14/07/2021
Price Date : 14/07/2021
Off Market Date : 07/03/2021
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 : 09/11/2020
DOMLS : 118
Cumulative DOMLS : 118
