Comm Ri Multi-units 5+ For Sale
10,467 Sqft - 174 41St St, OAKLAND, California 94611
Property Description
174 41st Street is a 24- unit well-maintained apartment community located just steps from Piedmont Avenue in Oakland, CA. The property consists of twenty- four (24) spacious studio units totaling 10,467 square feet. The property offers beautiful 1920’s architecture, three secured garage spaces, and has an on-site coin-operated laundry facility. The property offers over $100,000 of rental upside allowing a new owner to maximize their return over time. This highly sought-after location will continue to attract premium tenants and maintain a very low vacancy rate.
Basic Details
Property Type : Comm Ri Multi-units 5+
Listing Type : For Sale
Listing ID : 40946018
Price : $5,750,000
Bedrooms : 0
Bathrooms : 0
Half Bathrooms : 0
Square Footage : 10,467 Sqft
Year Built : 1915
Lot Area : 0.09 Sqft
Features
Heating System : Wall Furnace
Basement : Storage Area, Unfinished
Roof : Composition Shingles
Address Map
Country : US
State : CA
County : Alameda
City : OAKLAND
Zipcode : 94611
Street : 41St St
Street Number : 174
Floor Number : 0
Longitude : W123° 44' 49.7''
Latitude : N37° 49' 37.1''
MLS Addon
Office Name : NAI Northern California
Building Type : Lowrise (1-3 Flrs)
Area : Oakland Zip Code 94611
Address : 174 41St St
Cross Street : Piedmont Ave
Directions to Property : 41st St
LA1User Code : R02008347
LA1Agent First Name : Timothy
LA1Agent Last Name : Warren
Status Category : Sold
Tot # Parking Spaces : 0
Tot # of Units : 24
List $/SqFt : $549
Age : 106
Apx Lot Sq Ft : 3,800 Sqft
Type of Building : Apt Complex
Annual Taxes : $78,706
Total Deposits : $0
ADDTL FEATURES MISC. : Extra Storage, Security Building
ALL UNITS HAVE : Oven Range Free Standing, Refrigerator
EQUIPMENT ADDITIONAL : Dryer, Water Heater Gas, Fire Alarm System, Secured Access, Individual Electric Meter
EXTERIOR : Stucco
FLOORING : Carpet
LOT DESCRIPTION : Corner
ON-SITE PARKING DESC : On Street
SEPARATE METERS : Electric
TENANT PAYS : Electric, Gas
WATER/SEWER : Water - Public, Sewer System - Public
LAUNDRY : Coin Operated
Census Tract : 4041
Bus Sq Ft of Bldg : 0 Sqft
EXISTING LOAN : Other
Other Loans (Y/N) : No
1st Loan Balance : $12,000
2nd Loan Balance : $410,364
Tot Other Loans : $10,920
Financial Data Verif(Y/N) : 4.28
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 : $5,750,000
Sold Price : $5,750,000
Previous Price : $5,750,000
Sale $/SqFt : $0
Gross Oper Actual Inc : 421284
Annual Gross Sched Inc : 408645
Net Oper Income : 245986
Annual Mgmt Exp : 16345
Annual License Exp : 5700
Annual Util Exp : 26072
Other Ann Exp : 7224
Tot Ann Oper Exp : 162659
First Loan Payment : 0
First Balance : 0
Annual Insurance Exp : 5233
INTERNET DISPLAY : 0
INTERNET SITES : 0
SA1Agent Type : 0
Buyer Broker DRE Number : 01518364
Gross Rent Multiplier : 13.65
ZIDX Only Street Name : 41St St
Buyer Agent DRE Num. : 01518364
Co List Agent DRE Num. : 02008347
List Agent DRE Num. : 02008347
LA1Agent License ID : 02008347
SA1Agent First Name : JENNIFER
SA1Agent Last Name : LOH
SA1Agent License ID : 01518364
SA1User Code : R01518364
Annual Vacancy : 12638
Gross Income : 421284
Listing Broker DRE Numbe : 1870488
Sale/Original $ : 100
Annual Exp Yr : 162659
Sale $/SqFt : 549
1st - Yrs Remaining : 0
Sale/Last List $ : 100
Interest Rate : 0
Board ID : Bridge AOR
Assessors Parcel No : 12-994-17
Showing : Contact Agent
SO1Office Abbreviation : OBOLOH01
SO1Office Name : LOH Realty & Investments
LO1Main Office ID : 41278
LO1Board ID : 0
LO2Office Identifier : 0
LO2Main Office ID : 0
SO1Office Identifier : 9980
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 : 5750000
Address Search Number : 174
Listing Agent : 302051
Listing Office : 41278
Co-List Agent : 0
Listing Office 2 : 0
Apprx Equity : 0
Buyer Agent 1 : 332768
Buying Office 1 : 9980
Co-Sell Agent : 0
Buying Office 2 : 0
Photo Count : 14
Input Date : 17/04/2021 18:27:57
Update Date : 06/07/2021 02:17:43
PhotoTimestamp : 06/07/2021 02:17:43
First Photo Add Timestamp : 17/04/2021 18:27:58
List Date : 17/04/2021
Expire Date :
Pending Date : 28/04/2021
Closing Date : 02/07/2021
Status Date : 05/07/2021
Price Date : 17/04/2021
Off Market Date : 28/04/2021
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 : 17/04/2021
DOMLS : 11
Cumulative DOMLS : 11
