Property Details
About this Property
CASH COW with passive Income, which can be increased by $1000 / month legally and immediately. Tenants are long term , hard working Families, Stabilized income is a haul mark feature of the Property. Located in a GOOD neighborhood and CLOSE to FREEWAYS. New exterior Paint. Additional 5th Unit is Built by previous owner and permits are unknown with 3 Beds and 2 Baths. So its a Fifer- five unit property. Property Manager lives in one of the units and is a Licensed Contractor, takes care of the Maintenance of the Property too. And communicates in Spanish with all the tenants all their mother tongue being Spanish . Very matured and hard working Families who pays in time and well behaved too. New owner if they want , can retain the current Property Manager and easily can manage remotely, which is like a Dream come True for busy people. At a fraction of the per square feet price with the Stabilized Income, this property has inbuilt value with average commute times of 35-45 minutes from Bay Area/ Silicon Valley. Send offers , subject to inspection , contingency. Offers as they come. Please DO NOT Disturb Tenants.
MLS Listing Information
MLS #
ML81983710
MLS Source
MLSListings, Inc.
Days on Site
50
Interior Features
Flooring
Laminate, Other, Vinyl/Linoleum
Cooling
Central Forced Air - Gas
Heating
Forced Air
Exterior Features
Roof
Composition
Foundation
Pillar/Post/Pier
Parking, School, and Other Information
Garage/Parking
Common Parking Area, Parking Area, Garage: 0 Car(s)
Elementary District
Oakland Unified
High School District
Oakland Unified
Sewer
Public Sewer
Water
Public
Zoning
R3
Contact Information
Listing Agent
Sri Gopireddy
Channel Real Estate Inc
License #: 01321671
Phone: (408) 393-4722
Co-Listing Agent
Durga Prasad Bhethanabotla
Channel Real Estate Inc
License #: 01989390
Phone: (408) 841-6056
Unit Information
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 1 | 5 | 4 |
| Unit # | Sq Ft | Beds | Baths | Rent |
|---|---|---|---|---|
| 1 | – | 3 | 2/0 | $2,200 |
| 2 | – | 2 | 1/0 | $1,500 |
| 3 | – | 2 | 1/0 | $1,150 |
| 4 | – | 2 | 1/0 | $1,650 |
Neighborhood: Around This Home
Neighborhood: Local Demographics
Nearby Homes for Sale
748 Clara St is a Residential Income in Oakland, CA 94603. This 3,442 square foot property sits on a 6,250 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $949,000 and was built in 1964. This address can also be written as 748 Clara St, Oakland, CA 94603.
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This listing information is up-to-date as of November 12, 2024. For the most current information, please contact Sri Gopireddy, (408) 393-4722
