Comm Ri Multi-units 5+ For Sale
8,244 Sqft - 611 Grand, OAKLAND, California 94612
Property Description
In Opportunity Zone for added advantages. Stately traditional building in ever improving Uptown location. The new luxury Moxy Hotel has just opened on the same block. These units are updated and ready for lease as we exit the Covid environment. Large handsome lobby areas, makes the spaces inviting and desirable for tenants. Large back yard for tenant’s community use. All separately metered PG&Es. Full basements (stand-up height) can be perfect for a enormous workshop plus storage space. We are in the heart of the vibrant KONO – Art & Entertainment District, home of the Art Murmur Gallery Walk Festival, on first Friday of each month. Adjacent lot (to the left) 25 x 129 ft can be purchased separately. Amazing 9.99 Gross Rent Multiplier.
Basic Details
Property Type : Comm Ri Multi-units 5+
Listing Type : For Sale
Listing ID : 40973164
Price : $2,150,000
Bedrooms : 0
Bathrooms : 0
Half Bathrooms : 0
Square Footage : 8,244 Sqft
Year Built : 1916
Lot Area : 0.15 Sqft
Features
Heating System : Wall Furnace
Basement : Storage Area, Full, Separate Entry, Unfinished
Roof : Rolled Composition
Address Map
Country : US
State : CA
County : Alameda
City : OAKLAND
Zipcode : 94612
Street : Grand
Street Number : 611
Floor Number : 0
Longitude : W123° 43' 42.1''
Latitude : N37° 48' 43.6''
MLS Addon
Office Name : The GRUBB Company
Building Type : 5 Or More Units
Area : Oakland Zip Code 94612
Address : 611 W Grand
Cross Street : Telegraph
Directions to Property : West Grand at Telegraph
Address Direction : W
LA1User Code : R01034071
LA1Agent First Name : Ed
LA1Agent Last Name : Kuo
Status Category : Pending
Tot # Parking Spaces : 0
Tot # of Units : 12
List $/SqFt : $261
Age : 105
Apx Lot Sq Ft : 6,450 Sqft
Type of Building : Apt Complex
Annual Taxes : $0
Total Deposits : $0
ADDTL FEATURES MISC. : Balcony/patio, Wired For Cable Tv, Garden, Extra Storage, Play Area, Security Building
ALL UNITS HAVE : Oven Range Free Standing, Deck, Refrigerator, Microwave, Updated Baths, Updated Kitchen
EQUIPMENT ADDITIONAL : Dryer, Washer, Water Heater Gas, Window Coverings, Individual Electric Meter, All Public Utilities, Security Gate, Individual Gas Meter, Smoke Detector, Carbon Mon Detector
EXTERIOR : Stucco, Wood Siding
FLOORING : Vinyl, Hardwood Floors
LOT DESCRIPTION : Security Gate, Garden, Landscape Back
TENANT PAYS : Electric, Gas
WATER/SEWER : Water - Public, Sewer System - Public
LAUNDRY : Community Facility, Coin Operated
Census Tract : Unk
Bus Sq Ft of Bldg : 0 Sqft
Other Loans (Y/N) : No
1st Loan Balance : $0
2nd Loan Balance : $215,220
Tot Other Loans : $0
Financial Data Verif(Y/N) : 4.3%
FINANCIAL DATA SOURCE : Tax Return, Estimated, Projected, Property Manager
Ann Act Gross Inc : $0
Gross Oper Actual Inc : $0
Listing Type : Excl Right
Listing Service : Full Service
Special Information : None
Original Price : $2,150,000
Sold Price : $0
Previous Price : $2,150,000
Sale $/SqFt : $0
Gross Oper Actual Inc : 0
Annual Gross Sched Inc : 21550
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 : 00913606
Gross Rent Multiplier : 9.99
ZIDX Only Street Name : Grand
Buyer Agent DRE Num. : 01486075
Co List Agent DRE Num. : 01034071
List Agent DRE Num. : 01034071
LA1Agent License ID : 01034071
SA1Agent First Name : OUT OF AREA
SA1Agent Last Name : OUT
SA1Agent License ID : 88888888
SA1User Code : BOUT
Annual Vacancy : 0
Gross Income : 21550
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 : 008065903000
Showing : Call for showing info. 5 vacant units can be shown
SO1Office Abbreviation : OBBOUT
SO1Office Name : OUT OF AREA - NON MEMBER
LO1Main Office ID : 15142
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 : 2150000
Address Search Number : 611
Listing Agent : 6980
Listing Office : 9732
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 : 39
Input Date : 04/11/2021 00:28:54
Update Date : 02/12/2021 17:23:33
PhotoTimestamp : 04/11/2021 00:28:56
First Photo Add Timestamp : 04/11/2021 00:28:56
List Date : 03/11/2021
Expire Date :
Pending Date : 17/11/2021
Closing Date :
Status Date : 18/11/2021
Price Date : 03/11/2021
Off Market Date : 17/11/2021
Status : Pending
Dual Variable : No
City Transfer Tax : Yes
Point of Sale Ordinance : Yes
Ocpnt Req 24 Hr : No
Off Market Status Date :
LVT Date : 03/11/2021
DOMLS : 14
Cumulative DOMLS : 14
Unit # 1 Approx. SqFt: 566
Unit # 1 Range Oven: Yes
Unit # 1 Refrigerator: Yes
Unit # 1 Rent: 1669
Unit 1 # Units This Type?: 6
Unit # 2 Approx. SqFt: 472
Unit # 2 Range Oven: Yes
Unit # 2 Refrigerator: Yes
Unit # 2 Rent: 1321
Unit 2 # Units This Type?: 6
