Comm Ri Multi-units 5+ For Sale
4,490 Sqft - 498 Capital Street, OAKLAND, California 94610
Property Description
Seated in the heart of Oakland’s immensely popular Cleveland Heights neighborhood (and just a five-minute stroll from the shores of Lake Merritt) is 498 Capital Street—a robust, 4,500 sq. ft. multifamily property that’s looking for a new owner for the first time in nearly 50 years. Many things make this investment opportunity special, including the fact it comes with unparalleled ADU potential; it’s surrounded by greenspaces (including the Oakland Estuary); the largest unit will be delivered vacant making it perfect for an owner-occupy investor; and each unit comes with its own garage. In terms of layout, the building is separated into five units; four 1Bd/1ba units and one 3Bd/2ba unit which will be delivered vacant, an ideal residence for an owner-occupy investor.
Basic Details
Property Type : Comm Ri Multi-units 5+
Listing Type : For Sale
Listing ID : 40949954
Price : $1,500,000
Bedrooms : 0
Bathrooms : 0
Half Bathrooms : 0
Square Footage : 4,490 Sqft
Year Built : 1960
Lot Area : 0.09 Sqft
Features
Heating System : Forced Air 2 Zns Or More
Basement : Storage Area, Separate Entry, Unfinished
View : Hills
Roof : Other
Address Map
Country : US
State : CA
County : Alameda
City : OAKLAND
Zipcode : 94610
Street : Capital Street
Street Number : 498
Floor Number : 0
Longitude : W123° 45' 10''
Latitude : N37° 48' 24.2''
MLS Addon
Office Name : KELLER WILLIAMS REALTY
Building Type : 5 Or More Units
Area : Oakland Zip Code 94610
Address : 498 Capital Street
Cross Street : Wesley Ave
Directions to Property : Lakeshore, right on Wesley
LA1User Code : R01890931
LA1Agent First Name : Joey
LA1Agent Last Name : Wang
Status Category : Sold
Tot # Parking Spaces : 5
Tot # of Units : 5
List $/SqFt : $334
Age : 61
Apx Lot Sq Ft : 4,070 Sqft
Type of Building : Apt Complex
Annual Taxes : $0
Total Deposits : $0
ADDTL FEATURES MISC. : Balcony/patio, Extra Storage
EQUIPMENT ADDITIONAL : Dryer, Washer, Water Heater Gas, Smoke Detector, Carbon Mon Detector
EXTERIOR : Stucco, Wood Frame
FLOORING : Carpet, Tile, Hardwood Floors
LOT DESCRIPTION : Up Slope, Partial Fence
ON-SITE PARKING DESC : Attached Garage, Off Site Parking, Space Per Unit - 1, Uncovered Park Spaces 2+
OPERATING EXPENSES : Electric, Gas, Insurance, Maintenance/repair, Management, License/ads, Trash Removal, Utilities, Water
SEPARATE METERS : Electric, Gas
SOME UNITS HAVE : Dishwasher, Deck
TENANT PAYS : Other, Trash
WATER/SEWER : Sewer System - Public
LAUNDRY : Dryer, Washer, In Basement, Common Room, 220 Volt Outlet, Inside Room
Census Tract : 4052.00
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) : 4.3%
FINANCIAL DATA SOURCE : Owner, Estimated, Projected
Ann Act Gross Inc : $0
Gross Oper Actual Inc : $0
Listing Type : Excl Right
Listing Service : Full Service
Special Information : None
Original Price : $1,500,000
Sold Price : $1,400,000
Previous Price : $1,500,000
Sale $/SqFt : $0
Gross Oper Actual Inc : 0
Annual Gross Sched Inc : 127878
Net Oper Income : 0
Annual Mgmt Exp : 0
Annual License Exp : 0
Annual Util Exp : 0
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
Buyer Broker DRE Number : 01424183
ZIDX Only Street Name : Capital Street
Buyer Agent DRE Num. : 88888888
Co List Agent DRE Num. : 01890931
List Agent DRE Num. : 01890931
LA1Agent License ID : 01890931
SA1Agent First Name : OUT OF AREA
SA1Agent Last Name : OUT
SA1Agent License ID : 88888888
SA1User Code : BOUT
Annual Vacancy : 0
Gross Income : 0
Listing Broker DRE Numbe : 01277896
Sale/Original $ : 93
Annual Exp Yr : 0
Sale $/SqFt : 312
1st - Yrs Remaining : 0
Sale/Last List $ : 93
Interest Rate : 0
Board ID : Bridge AOR
Assessors Parcel No : 23-417-1-2
Showing : No
SO1Office Abbreviation : OBBOUT
SO1Office Name : OUT OF AREA - NON MEMBER
LO1Main Office ID : 40737
LO1Board ID : 0
LO2Office Identifier : 0
LO2Main Office ID : 0
SO1Office Identifier : 15264
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 : 1400000
Address Search Number : 498
Listing Agent : 144888
Listing Office : 40737
Co-List Agent : 0
Listing Office 2 : 0
Apprx Equity : 0
Buyer Agent 1 : 35531
Buying Office 1 : 15264
Co-Sell Agent : 0
Buying Office 2 : 0
Photo Count : 15
Input Date : 14/05/2021 18:07:45
Update Date : 20/08/2021 18:46:52
PhotoTimestamp : 20/08/2021 18:46:52
First Photo Add Timestamp : 14/05/2021 18:07:46
List Date : 14/05/2021
Expire Date :
Pending Date : 05/06/2021
Closing Date : 18/08/2021
Status Date : 20/08/2021
Price Date : 20/08/2021
Off Market Date : 05/06/2021
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 : 14/05/2021
DOMLS : 22
Cumulative DOMLS : 22
Unit # 1 # of Bathrooms: 1
Unit # 1 # of Bedrooms: 1
Unit # 1 Approx. SqFt: 708
Unit # 1 Parking Spaces: 1
Unit # 1 Rent: $1410
Unit 1 # Units This Type?: 1
Unit # 2 # of Bathrooms: 1
Unit # 2 # of Bedrooms: 1
Unit # 2 Approx. SqFt: 717
Unit # 2 Parking Spaces: 1
Unit # 2 Rent: $1950
Unit 2 # Units This Type?: 1
Unit # 3 # of Bathrooms: 1
Unit # 3 # of Bedrooms: 1
Unit # 3 Approx. SqFt: 777
Unit # 3 Parking Spaces: 1
Unit # 3 Rent: $1260
Unit 3 # Units This Type?: 1
Unit # 4 # of Bathrooms: 1
Unit # 4 # of Bedrooms: 1
Unit # 4 Approx. SqFt: 707
Unit # 4 Parking Spaces: 1
Unit # 4 Rent: $1950
Unit 4 # Units This Type?: 1
Unit # 5 # of Bathrooms: 2
Unit # 5 # of Bedrooms: 3
Unit # 5 Approx. SqFt: 1,495
Unit # 5 Parking Spaces: 1
Unit # 5 Rent: $3900 est
Unit 5 # Units This Type?: 1
