Comm Ri Multi-units 5+ For Sale
6,907 Sqft - 1423 Central Avenue, ALAMEDA, California 94501
Property Description
Beautiful and gracious Victorian apartment. The building is in good shape with many building updates already done. .The building is well managed, with many recent repairs and upgrades. New gas line upgrade in 2018. Electrical upgrades in 1990. Exterior painted in 2016. Roof replaced in 2010. Concrete foundation upgrades done in 1986. Fantastic location next to the famed Gold Coast neighborhood. Friendly and safe neighborhood and charming building, the tenants are sure to appreciate. Wonderful leafy grounds and yard for tenants to relax and socialize. In the middle of Alameda Island and easy access to Park Avenue, and Webster Street shops. Amazing property at 10.31 GRM and 4.34% cap rate.
Basic Details
Property Type : Comm Ri Multi-units 5+
Listing Type : For Sale
Listing ID : 40959453
Price : $1,950,000
Bedrooms : 0
Bathrooms : 0
Half Bathrooms : 0
Square Footage : 6,907 Sqft
Year Built : 1915
Lot Area : 0.25 Sqft
Features
Heating System : Central Gravity
Basement : Storage Area, Separate Entry, Unfinished, Partial, Apt In Basement
Roof : Composition Shingles
Address Map
Country : US
State : CA
County : Alameda
City : ALAMEDA
Zipcode : 94501
Street : Central Avenue
Street Number : 1423
Floor Number : 0
Longitude : W123° 44' 19.6''
Latitude : N37° 46' 16.9''
MLS Addon
Office Name : The GRUBB Company
Building Type : Garden Apts
Area : Alameda Map Area 3
Address : 1423 Central Avenue
Cross Street : Benton St.
Directions to Property : Corner of Benton and Central
LA1User Code : R01034071
LA1Agent First Name : Ed
LA1Agent Last Name : Kuo
Status Category : Pending
Tot # Parking Spaces : 0
Tot # of Units : 10
List $/SqFt : $282
Age : 106
Apx Lot Sq Ft : 10,763 Sqft
Type of Building : Apt Complex
Annual Taxes : $0
Total Deposits : $0
ADDTL FEATURES MISC. : Balcony/patio, Garden, Play Area
EQUIPMENT ADDITIONAL : Dryer, Washer, All Public Utilities, Smoke Detector
EXTERIOR : Wood Shingles
FLOORING : Linoleum, Wood, Carpet
LOT DESCRIPTION : Level, Corner, Premium Lot, Front Yard
ON-SITE PARKING DESC : On Street, None
TENANT PAYS : Electric
WATER/SEWER : Water - Public, Sewer System - Public
LAUNDRY : In Laundry Room, Dryer, Washer, In Basement
Census Tract : 4279.00
Bus Sq Ft of Bldg : 0 Sqft
EXISTING LOAN : 1st D/t
Other Loans (Y/N) : No
1st Loan Balance : $0
2nd Loan Balance : $195,540
Tot Other Loans : $0
Financial Data Verif(Y/N) : 4.46
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 : $2,390,000
Sold Price : $0
Previous Price : $2,085,000
Sale $/SqFt : $0
Gross Oper Actual Inc : 0
Annual Gross Sched Inc : 195540
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 : 01870488
Gross Rent Multiplier : 10.66
ZIDX Only Street Name : Central Avenue
Buyer Agent DRE Num. : 01700439
Co List Agent DRE Num. : 01034071
List Agent DRE Num. : 01034071
LA1Agent License ID : 01034071
SA1Agent First Name : Grant
SA1Agent Last Name : Chappell
SA1Agent License ID : 01700439
SA1User Code : R01700439
Annual Vacancy : 0
Gross Income : 195540
Listing Broker DRE Numbe : 01170009
Sale/Original $ : 0
Annual Exp Yr : 0
Sale $/SqFt : 0
1st - Yrs Remaining : 0
Sale/Last List $ : 0
Interest Rate : 0
Board ID : Bridge AOR
Assessors Parcel No : 072 0344 015 00
Showing : call agent for scheduled showing time
SO1Office Abbreviation : OBOJMTB
SO1Office Name : NAI Northern California
LO1Main Office ID : 15142
LO1Board ID : 0
LO2Office Identifier : 0
LO2Main Office ID : 0
SO1Office Identifier : 41278
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 : 1950000
Address Search Number : 1423
Listing Agent : 6980
Listing Office : 9732
Co-List Agent : 0
Listing Office 2 : 0
Apprx Equity : 0
Buyer Agent 1 : 114920
Buying Office 1 : 41278
Co-Sell Agent : 0
Buying Office 2 : 0
Photo Count : 34
Input Date : 19/07/2021 18:59:51
Update Date : 15/12/2021 18:40:24
PhotoTimestamp : 19/07/2021 18:59:52
First Photo Add Timestamp : 19/07/2021 18:59:52
List Date : 19/07/2021
Expire Date :
Pending Date : 10/12/2021
Closing Date :
Status Date : 15/12/2021
Price Date : 03/12/2021
Off Market Date : 10/12/2021
Status : Pending
Dual Variable : No
City Transfer Tax : Yes
Point of Sale Ordinance : Yes
Ocpnt Req 24 Hr : Yes
Off Market Status Date : 03/12/2021
LVT Date : 19/07/2021
DOMLS : 107
Cumulative DOMLS : 107
Unit # 1 # of Bathrooms: 1
Unit # 1 # of Bedrooms: 1
Unit # 1 Rent: 1894
Unit 1 # Units This Type?: 3
Unit # 2 # of Bathrooms: 1
Unit # 2 Rent: 1367
Unit 2 # Units This Type?: 5
Unit # 3 # of Bathrooms: 1
Unit # 3 Rent: 1450
Unit 3 # Units This Type?: 1
Unit # 4 # of Bathrooms: 1
Unit # 4 Rent: 1800
Unit 4 # Units This Type?: 1
