748 Clara St, OAKLAND, CA

$949,000

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3,442

Square feet

0.14

Acres

About 748 Clara St

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.

Features of 748 Clara St

MLS® # ML81983710
Price $949,000
Square Footage 3,442
Square Footage Assessor
Acres 0.14
Year Built 1964
Type Multi-Residential
Sub-Type Fourplex
Status Active

Community Information

Address 748 Clara St
Area Oakland Zip Code 94603
City OAKLAND
County Alameda
State CA
Zip Code 94603

Amenities

Utilities Public Utilities
Parking Spaces 5
Is Waterfront No
Has Pool No

Interior

Heating Central Forced Air Heat
Cooling Central Forced Air - Gas
Fireplace No
# of Stories 2

Exterior

Roof Composition Roof
Construction Wood Frame
Foundation Pillars/Posts/Piers

Additional Information

Zoning R3
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

AgentSri Gopireddy
OfficeChannel Real Estate Inc
Contact Info408-393-4722

Listing Map

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