Comm Ri Multi-units 5+ For Sale
3,738 Sqft - 261 Lester Ave, OAKLAND, California 94606-1225
Property Description
Extremely motivated sellers! Full occupancy for wonderful building located just 2 blocks from Lake Merritt. Close to shopping, restaurants, and freeway. Great neighborhood, property is in excellent condition! Off street parking for 5 cars.
Basic Details
Property Type : Comm Ri Multi-units 5+
Listing Type : For Sale
Listing ID : 40398179
Price : $728,000
Bedrooms : 0
Bathrooms : 0
Half Bathrooms : 0
Square Footage : 3,738 Sqft
Year Built : 1967
Lot Area : 0.12 Sqft
Features
Heating System : Gas
Roof : Composition Shingles
Address Map
Country : US
State : CA
County : Alameda
City : OAKLAND
Zipcode : 94606-1225
Street : Lester Ave
Street Number : 261
Floor Number : 0
Longitude : W123° 44' 51.8''
Latitude : N37° 48' 8.2''
MLS Addon
Office Name : Compass
Building Type : Lowrise (1-3 Flrs)
Area : Oakland Zip Code 94606
Address : 261 Lester Ave
Cross Street : Hanover
Directions to Property : Lakeshore-Hanover-Lester
LA1User Code : 159500459
LA1Agent First Name : Johnny
LA1Agent Last Name : Young
Status Category : Sold
Tot # Parking Spaces : 5
Tot # of Units : 5
Dist/Nbrhood/Sub : LAKE MERRITT
List $/SqFt : $195
Age : 46
Apx Lot Sq Ft : 5,200 Sqft
Type of Building : Apt Complex
Annual Taxes : $6,300
Total Deposits : $0
ADDTL FEATURES MISC. : Wired For Cable Tv
ALL UNITS HAVE : Dishwasher, Oven Range Free Standing, Refrigerator
EQUIPMENT ADDITIONAL : Water Heater Gas
EXTERIOR : Stucco
FLOORING : Linoleum, Carpet
LOT DESCRIPTION : Regular
ON-SITE PARKING DESC : Other
SEPARATE METERS : Electric, Gas
TENANT PAYS : Cable Tv, Electric, Gas
WATER/SEWER : Water - Public, Sewer System - Public
Census Tract : 4053.00
Bus Sq Ft of Bldg : 0 Sqft
EXISTING LOAN : Private
Other Loans (Y/N) : No
1st Loan Balance : $1,200
2nd Loan Balance : $61,560
Tot Other Loans : $1,200
Financial Data Verif(Y/N) : 5.76
FINANCIAL DATA SOURCE : Owner
Ann Act Gross Inc : $0
Gross Oper Actual Inc : $0
Listing Type : Excl Right
Listing Service : Full Service
Special Information : None
Original Price : $728,000
Sold Price : $640,000
Previous Price : $728,000
Concessions : 10 K NRCC to Buyer
Sale $/SqFt : $0
Gross Oper Actual Inc : 64800
Annual Gross Sched Inc : 64800
Net Oper Income : 41940
Annual Mgmt Exp : 0
Annual License Exp : 0
Annual Util Exp : 9720
Other Ann Exp : 0
Tot Ann Oper Exp : 14520
First Loan Payment : 0
First Balance : 0
Annual Insurance Exp : 3600
INTERNET DISPLAY : 0
INTERNET SITES : 0
SA1Agent Type : 0
Gross Rent Multiplier : 11.23
ZIDX Only Street Name : Lester Ave
Buyer Agent DRE Num. : 09999917
List Agent DRE Num. : 01191625
LA1Agent License ID : 01191625
LA1NRDS_ID : 159500459
LA2Agent First Name : Daniel
LA2Agent Last Name : Young
LA2User Code : 159511006
LA2NRDS_ID : 159511006
SA1Agent First Name : OUT OF AREA
SA1Agent Last Name : OUT
SA1Agent License ID : 09999917
SA1User Code : RDOUT
Annual Vacancy : 3240
Gross Income : 62700
Sale/Original $ : 88
Annual Exp Yr : 14520
Sale $/SqFt : 171
1st - Yrs Remaining : 0
Sale/Last List $ : 88
Interest Rate : 0
Board ID : CONTRA COSTA
Assessors Parcel No : 21-226-5
Showing : Offer subject to inspection
LO2Office Name : Prudential California Realty
SO1Office Abbreviation : DOUT
SO1Office Name : OUT OF AREA - NON MEMBER
LO1Main Office ID : 77322
LO1Board ID : 0
LO2Office Identifier : 1091
LO2Main Office ID : 1091
SO1Office Identifier : 15266
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 : 640000
Address Search Number : 261
Listing Agent : 14456
Listing Office : 84266
Co-List Agent : 33344
Listing Office 2 : 1091
Apprx Equity : 0
Buyer Agent 1 : 52310
Buying Office 1 : 15266
Co-Sell Agent : 0
Buying Office 2 : 0
Photo Count : 2
Input Date : 04/03/2009 19:48:00
Update Date : 29/10/2021 16:43:35
PhotoTimestamp : 04/03/2009 19:48:00
First Photo Add Timestamp : 04/03/2009 19:48:00
List Date : 04/03/2009
Expire Date :
Pending Date : 03/10/2009
Closing Date : 04/11/2009
Status Date : 04/11/2009
Price Date : 04/11/2009
Off Market Date : 03/10/2009
Status : Sold
Dual Variable : No
City Transfer Tax : Yes
Point of Sale Ordinance : No
Ocpnt Req 24 Hr : Yes
Off Market Status Date : 31/08/2009
LVT Date :
DOMLS : 207
Cumulative DOMLS : 207
Unit # 1 # of Bathrooms: 1
Unit # 1 # of Bedrooms: 2
Unit # 1 Air Cond.: No
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: 1200
Unit 1 # Units This Type?: 1
Unit # 2 # of Bathrooms: 1
Unit # 2 # of Bedrooms: 2
Unit # 2 Air Cond.: No
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: 1100
Unit 2 # Units This Type?: 1
Unit # 3 # of Bathrooms: 1
Unit # 3 # of Bedrooms: 2
Unit # 3 Air Cond.: No
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: 1100
Unit 3 # Units This Type?: 1
Unit # 4 # of Bathrooms: 1
Unit # 4 # of Bedrooms: 2
Unit # 4 Air Cond.: No
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: 1100
Unit 4 # Units This Type?: 1
Unit # 5 # of Bathrooms: 1
Unit # 5 # of Bedrooms: 1
Unit # 5 Air Cond.: No
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: 900
Unit 5 # Units This Type?: 1
