Comm Ri Multi-units 5+ For Sale
3,072 Sqft - 1235 Stanford Ave, OAKLAND, California 94608
Property Description
New to market, 1235 Stanford Avenue is a multifamily investment on the edge of Oakland and Emeryville. The subject property is a 2-story mid-rise building nestled in the Gaskill neighborhood, blocks from The Public Market and major forms of public transportation, providing full access to the Bay Area. The property features a newer roof as well as updated units with hardwood flooring throughout. Tenants are free to enjoy local amenities such as the movie theatre, shopping and dining at The Public Market. A large IKEA nearby provides essentials for the home. The Amtrak station provides train and bus services to reach downtown San Francisco, South Bay or even take the train east to Sacramento or Truckee (Lake Tahoe).
Basic Details
Property Type : Comm Ri Multi-units 5+
Listing Type : For Sale
Listing ID : 40962151
Price : $1,795,000
Bedrooms : 0
Bathrooms : 0
Half Bathrooms : 0
Square Footage : 3,072 Sqft
Year Built : 1911
Lot Area : 0.07 Sqft
Features
Heating System : Other Heat
Roof : See Remarks
Address Map
Country : US
State : CA
County : Alameda
City : OAKLAND
Zipcode : 94608
Street : Stanford Ave
Street Number : 1235
Floor Number : 0
Longitude : W123° 42' 52.7''
Latitude : N37° 50' 22.9''
MLS Addon
Office Name : NAI Northern California
Building Type : 5 Or More Units
Area : Oakland Zip Code 94608
Address : 1235 Stanford Ave
Cross Street : Vallejo
Directions to Property : San Pablo Ave to Stanford Ave
LA1User Code : R01700439
LA1Agent First Name : Grant
LA1Agent Last Name : Chappell
Status Category : Sold
Tot # Parking Spaces : 0
Tot # of Units : 7
List $/SqFt : $584
Age : 110
Apx Lot Sq Ft : 3,100 Sqft
Type of Building : Apt Complex
Annual Taxes : $26,031
Total Deposits : $0
ADDTL FEATURES MISC. : Balcony/patio, Garden
EQUIPMENT ADDITIONAL : Water Heater Gas, Individual Electric Meter, Security Gate, Individual Gas Meter
EXTERIOR : Stucco
FLOORING : Wood
LOT DESCRIPTION : Corner
ON-SITE PARKING DESC : On Street
SEPARATE METERS : Electric, Gas
TENANT PAYS : Electric, Gas
WATER/SEWER : Water - Public, Sewer System - Public
LAUNDRY : In Laundry Room
Census Tract : 400900
Bus Sq Ft of Bldg : 0 Sqft
Other Loans (Y/N) : No
1st Loan Balance : $5,250
2nd Loan Balance : $157,680
Tot Other Loans : $0
Financial Data Verif(Y/N) : 5.58
FINANCIAL DATA SOURCE : Owner, Estimated, Rental Agreement, Broker
Ann Act Gross Inc : $0
Gross Oper Actual Inc : $0
Listing Type : Excl Right
Listing Service : Full Service
Special Information : None
Original Price : $1,895,000
Sold Price : $1,545,000
Previous Price : $1,895,000
Sale $/SqFt : $0
Gross Oper Actual Inc : 152949
Annual Gross Sched Inc : 157680
Net Oper Income : 105777
Annual Mgmt Exp : 0
Annual License Exp : 2199
Annual Util Exp : 6300
Other Ann Exp : 4688
Tot Ann Oper Exp : 47171
First Loan Payment : 0
First Balance : 0
Annual Insurance Exp : 1995
INTERNET DISPLAY : 0
INTERNET SITES : 0
SA1Agent Type : 0
Buyer Broker DRE Number : 01870488
Gross Rent Multiplier : 12.02
ZIDX Only Street Name : Stanford Ave
Buyer Agent DRE Num. : 01700439
Co List Agent DRE Num. : 01700439
List Agent DRE Num. : 01700439
LA1Agent License ID : 01700439
SA1Agent First Name : Grant
SA1Agent Last Name : Chappell
SA1Agent License ID : 01700439
SA1User Code : R01700439
Annual Vacancy : 4730
Gross Income : 157680
Listing Broker DRE Numbe : 01870488
Sale/Original $ : 82
Annual Exp Yr : 2020
Sale $/SqFt : 503
1st - Yrs Remaining : 0
Sale/Last List $ : 86
Interest Rate : 0
Board ID : Bridge AOR
Assessors Parcel No : 15-1311-2-1
Showing : Yes, please contact broker
SO1Office Abbreviation : OBOJMTB
SO1Office Name : NAI Northern California
LO1Main Office ID : 41278
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 : 1545000
Address Search Number : 1235
Listing Agent : 114920
Listing Office : 41278
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 : 8
Input Date : 06/08/2021 20:19:33
Update Date : 23/11/2021 06:47:59
PhotoTimestamp : 23/11/2021 06:47:59
First Photo Add Timestamp : 06/08/2021 20:19:33
List Date : 06/08/2021
Expire Date :
Pending Date : 22/10/2021
Closing Date : 22/11/2021
Status Date : 22/11/2021
Price Date : 22/11/2021
Off Market Date : 22/10/2021
Status : Sold
Dual Variable : Yes
City Transfer Tax : Yes
Point of Sale Ordinance : Yes
Ocpnt Req 24 Hr : Yes
Off Market Status Date :
LVT Date : 06/08/2021
DOMLS : 77
Cumulative DOMLS : 77
