1658 34th Avenue

    Oakland, CA 94601
    • $1,595,000
    • STATUS: Active
    • ON SITE: 87 days
    • ID#: 21822200
    $1,595,000
    • 0
      BEDS
    • 0.18
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 5,540
      SQFT
    • $288
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1989
    County:

    School Ratings & Info

    Description

    No Rent Control! LARGE Units! This four (4) unit property consists of (3) 3-bed/2-bath 1,545SF units and (1) 2-bed/1-bath 900SF unit. Constructed in 1989, the property is exempt from the city's rent control ordinance. Rents can be increased end of June 2019. Current rents are +/-35% below market. Large units and ample parking are sure to keep occupancy rates high.

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    © 2018 Bay Area Real Estate Information Services, Inc. All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Intero Real Estate Services. Data last updated: 2018-11-18T23:55:58.17.
    www.showcaseproperties.com/homes/86841720

    1658 34th Avenue Oakland, CA 94601

    • Price: $1,595,000
    • Status: Active
    • ID#: 21822200
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.18
    Acres
    5,540
    SQFT
    $288
    $/SQFT
    1989
    Built
    Neighborhood:
    Alameda County
    County:
    Alameda
    Area:
    Alameda County
    Property Description
    No Rent Control! LARGE Units! This four (4) unit property consists of (3) 3-bed/2-bath 1,545SF units and (1) 2-bed/1-bath 900SF unit. Constructed in 1989, the property is exempt from the city's rent control ordinance. Rents can be increased end of June 2019. Current rents are +/-35% below market. Large units and ample parking are sure to keep occupancy rates high.
    Exterior Features

    Drainage Other Exterior Other Foundation Construct Other Garage Parking 4-7 Cars Lot Description Other Pool No Roof Other Style Other Type 2 Story View No Yard Grounds Other

    Interior Features

    Energy Conservation Other Fireplace No Floors Other Laundry Appliance Other Unit1 Approx Sq Ft 1545 Unit1 Baths Full 2 Unit1 Bedrooms 3 Unit1 Half Baths 0 Unit1 Includes Other Unit1 Sq Ft Source Tax Record Unit1 Total Rooms 0 Unit2 Approx Sq Ft 900 Unit2 Baths Full 1 Unit2 Bedrooms 2 Unit2 Half Baths 0 Unit2 Includes Other Unit2 Sq Ft Source Tax Record Unit2 Total Rooms 0 Unit3 Approx Sq Ft 1545 Unit3 Baths Full 2 Unit3 Bedrooms 3 Unit3 Half Baths 0 Unit3 Includes Other Unit3 Sq Ft Source Tax Record Unit3 Total Rooms 7 Unit4 Approx Sq Ft 1545 Unit4 Baths Full 2 Unit4 Bedrooms 3 Unit4 Half Baths 0 Unit4 Includes Other Unit4 Sq Ft Source Tax Record Unit4 Total Rooms 7

    Property Features

    Auction No Cap Rate 6.89 City Transfer Tax No City Transfer Tax Rate 0.00 Common Int Dev No Common Rec Other Deposits 0.00 Est Ann Net Income 109950.00 Est Insurance Exp 2138.00 Est Maintenance Exp 2000.00 Est Management 0.00 Est Misc Expenses 4284.00 Est Taxes 21788.00 Est Total Annual Exp 32850.00 Est Utilities Exp 2640.00 GRM 11.17 Gross Scheduled Inc 142800.00 Lot Size Source (Verified) Monthly Expenses 2737.50 Monthly Income 11900.00 Multifamily Type Multi Unit 2-4 New Construction Or Resale Resale Operating Exp Inc Other Planned Unit Develop No Projected Or Actual Projected Safety Security Other Seller Will Consider Other Sewer Septic Other Special Zones Other Square Footage Source Verified Transaction Type Sale Unit1 Rents For 3100.00 Unit2 Rents For 2600.00 Unit3 Rents For 3100.00 Unit4 Rents For 3100.00 Utilities Other Water Source Other Year Built Source Other

    Listing information © 2018 Bay Area Real Estate Information Services.
    Listing courtesy of Jeffrey Williams of J.B. Williams, Broker.


    © 2018 Bay Area Real Estate Information Services, Inc. All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Intero Real Estate Services. Data last updated: 2018-11-18T23:55:58.17.
     
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    Vacaville CA, 95688