Comm Ri Multi-units 5+ For Sale
5,309 Sqft - 2401 Bartlett St, OAKLAND, California 94601
Property Description
Rare opportunity to own this six unit apartment building centrally located in the desirable Fruitvale area near 35th Ave with easy access to Freeway I-580. All large two bedroom apartments, four of them have been recently upgraded with hardwood floors, granite countertop and modern bathroom. Six parking spaces in front of the building. More garage spaces on the first floor. Laundry room and storages in the back. Current cap rate 5.8%. Pro Forma Cap rate is 6.8%. High cash flow and easy management.
Basic Details
Property Type : Comm Ri Multi-units 5+
Listing Type : For Sale
Listing ID : 40966962
Price : $1,595,000
Bedrooms : 0
Bathrooms : 0
Half Bathrooms : 0
Square Footage : 5,309 Sqft
Year Built : 1960
Lot Area : 0.14 Sqft
Features
Heating System : Gas, Wall Furnace
Roof : Rolled Composition
Address Map
Country : US
State : CA
County : Alameda
City : OAKLAND
Zipcode : 94601
Street : Bartlett St
Street Number : 2401
Floor Number : 0
Longitude : W123° 47' 12.1''
Latitude : N37° 47' 15.6''
MLS Addon
Office Name : BING REALTY
Building Type : 5 Or More Units
Area : Oakland Zip Code 94601
Address : 2401 Bartlett St
Cross Street : 35th Ave
Directions to Property : 35th Ave
LA1User Code : R01786139
LA1Agent First Name : Bing
LA1Agent Last Name : Udinsky
Status Category : Active
Tot # Parking Spaces : 6
Tot # of Units : 6
Dist/Nbrhood/Sub : FRUITVALE AREA
List $/SqFt : $300
Age : 61
Apx Lot Sq Ft : 6,250 Sqft
Type of Building : Apt Complex
Annual Taxes : $16,402
Total Deposits : $0
ADDTL FEATURES MISC. : Extra Storage
EQUIPMENT ADDITIONAL : Water Heater Gas, Individual Electric Meter, All Public Utilities, Individual Gas Meter, Smoke Detector, Carbon Mon Detector
EXTERIOR : Stucco, Wood Siding
FLOORING : Vinyl, Carpet, Tile, Hardwood Floors
LOT DESCRIPTION : Level
ON-SITE PARKING DESC : Attached Garage, Garage Parking
OPERATING EXPENSES : Accounting/legal
SEPARATE METERS : Electric, Gas
TENANT PAYS : Electric, Gas, Parking
WATER/SEWER : Water - Public, Sewer System - Public
LAUNDRY : Community Facility, Coin Operated
Census Tract : y
Bus Sq Ft of Bldg : 0 Sqft
EXISTING LOAN : Arm
Other Loans (Y/N) : No
1st Loan Balance : $5,488
2nd Loan Balance : $135,667
Tot Other Loans : $1,367
Financial Data Verif(Y/N) : 5.5
FINANCIAL DATA SOURCE : Accountant
Ann Act Gross Inc : $0
Gross Oper Actual Inc : $0
Listing Type : Excl Right
Listing Service : Full Service
Special Information : None
Original Price : $1,695,000
Sold Price : $0
Previous Price : $1,695,000
Sale $/SqFt : $0
Gross Oper Actual Inc : 137035
Annual Gross Sched Inc : 151367
Net Oper Income : 93661
Annual Mgmt Exp : 5000
Annual License Exp : 1885
Annual Util Exp : 14100
Other Ann Exp : 606
Tot Ann Oper Exp : 43373
First Loan Payment : 0
First Balance : 0
Annual Insurance Exp : 4891
INTERNET DISPLAY : 0
INTERNET SITES : 0
SA1Agent Type : 0
Gross Rent Multiplier : 12
ZIDX Only Street Name : Bartlett St
Co List Agent DRE Num. : 01876139
List Agent DRE Num. : 01876139
LA1Agent License ID : 01876139
Annual Vacancy : 0
Gross Income : 137035
Listing Broker DRE Numbe : 01876139
Sale/Original $ : 0
Annual Exp Yr : 43373
Sale $/SqFt : 0
1st - Yrs Remaining : 0
Sale/Last List $ : 0
Interest Rate : 0
Board ID : Bridge AOR
Assessors Parcel No : 27-894-11
Showing : By appointment after offer is accepted
LO1Main Office ID : 78271
LO1Board ID : 0
LO2Office Identifier : 0
LO2Main Office ID : 0
SO1Office Identifier : 0
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 : 1595000
Address Search Number : 2401
Listing Agent : 294335
Listing Office : 78271
Co-List Agent : 0
Listing Office 2 : 0
Apprx Equity : 0
Buyer Agent 1 : 0
Buying Office 1 : 0
Co-Sell Agent : 0
Buying Office 2 : 0
Photo Count : 5
Input Date : 13/09/2021 22:37:41
Update Date : 20/12/2021 08:17:07
PhotoTimestamp : 29/09/2021 16:55:36
First Photo Add Timestamp : 13/09/2021 22:38:10
List Date : 13/09/2021
Expire Date :
Pending Date :
Closing Date :
Status Date : 20/12/2021
Price Date : 29/09/2021
Off Market Date :
Status : Active
Dual Variable : Yes
City Transfer Tax : Yes
Point of Sale Ordinance : Yes
Ocpnt Req 24 Hr : Yes
Off Market Status Date : 14/12/2021
LVT Date : 13/09/2021
DOMLS : 56
Cumulative DOMLS : 56
Unit # 1 # of Bathrooms: 1
Unit # 1 # of Bedrooms: 2
Unit # 1 Air Cond.: No
Unit # 1 Approx. SqFt: 800
Unit # 1 Dining Room: No
Unit # 1 Fireplace: No
Unit # 1 Parking Spaces: 1
Unit # 1 Range Oven: Yes
Unit # 1 Refrigerator: Yes
Unit # 1 Rent: 2259
Unit 1 # Units This Type?: 1
Unit # 2 # of Bathrooms: 1
Unit # 2 # of Bedrooms: 2
Unit # 2 Air Cond.: No
Unit # 2 Approx. SqFt: 800
Unit # 2 Dining Room: No
Unit # 2 Fireplace: No
Unit # 2 Parking Spaces: 1
Unit # 2 Range Oven: Yes
Unit # 2 Refrigerator: Yes
Unit # 2 Rent: 1344
Unit 2 # Units This Type?: 1
Unit # 3 # of Bathrooms: 1
Unit # 3 # of Bedrooms: 2
Unit # 3 Air Cond.: No
Unit # 3 Approx. SqFt: 800
Unit # 3 Dining Room: No
Unit # 3 Fireplace: No
Unit # 3 Parking Spaces: 1
Unit # 3 Range Oven: Yes
Unit # 3 Refrigerator: Yes
Unit # 3 Rent: 2300
Unit 3 # Units This Type?: 2
Unit # 4 # of Bathrooms: 1
Unit # 4 # of Bedrooms: 2
Unit # 4 Air Cond.: No
Unit # 4 Approx. SqFt: 800
Unit # 4 Dining Room: No
Unit # 4 Fireplace: No
Unit # 4 Parking Spaces: 1
Unit # 4 Range Oven: Yes
Unit # 4 Refrigerator: Yes
Unit # 4 Rent: 2350
Unit 4 # Units This Type?: 1
Unit # 5 # of Bathrooms: 1
Unit # 5 # of Bedrooms: 2
Unit # 5 Air Cond.: No
Unit # 5 Approx. SqFt: 800
Unit # 5 Dining Room: No
Unit # 5 Fireplace: No
Unit # 5 Parking Spaces: 1
Unit # 5 Range Oven: Yes
Unit # 5 Refrigerator: Yes
Unit # 5 Rent: 1400
Unit 5 # Units This Type?: 1
