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748 Clara Street

Oakland, CA 94603
  • $899,000
  • STATUS: Active
  • ON SITE: 155 Days
  • ID#: ML81983710
$899,000
  • 0
    BEDS
  • 0.14
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 3,442
    SQFT
  • $261
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1964
County:

School Information

Elementary School:
Middle School:
High School:
School District:
Listing Agent(s): Sri Gopireddy of Channel Real Estate Inc (4083934722) and Durga Prasad Bhethanabotla of Channel Real Estate Inc(4083934722)


Description

CASH COW with passive Income, Tenants are long term residents in the Building. 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 income of $800.00. 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. Very matured and hard working Families who pays in time and well behaved too. At a fraction of the per square feet price with the Stabilized Income, this property has inbuilt value with an average commute times of 35-45 minutes from Bay Area/ Silicon Valley. Send offers- subject to inspection , Seller is motivated, offers as they come in. Please DO NOT Disturb Tenants.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2025-03-18T21:29:32.57. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Robyn Graham & Associates | Keller Williams. Licensed in the State of California, USA.
www.robynicenhowerproperties.com/homes/156740898
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748 Clara Street Oakland, CA 94603

  • Price: $899,000
  • Status: Active
  • On Site: 155 Days
  • ID#: ML81983710
0
Beds
0
Baths
0
½ Baths
0.14
Acres
3,442
SQFT
$261
$/SQFT
1964
Built
Neighborhood:
699 - Not Defined
County:
Alameda
Area:
699 - Not Defined
Elementary School:
Other
Middle School:
Madison
High School:
Other
School District:
Other
Property Description
CASH COW with passive Income, Tenants are long term residents in the Building. 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 income of $800.00. 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. Very matured and hard working Families who pays in time and well behaved too. At a fraction of the per square feet price with the Stabilized Income, this property has inbuilt value with an average commute times of 35-45 minutes from Bay Area/ Silicon Valley. Send offers- subject to inspection , Seller is motivated, offers as they come in. Please DO NOT Disturb Tenants.
Exterior Features

Carport Spaces 0 Foundation Details Pillar/Post/Pier Parking Total 5 Roof Composition View YN No

Interior Features

Accessibility Features Other Cooling Gas Cooling YN Yes Flooring Laminate Heating Forced Air Heating YN Yes

Property Features

Association YN No Cap Rate 4.97 Garage YN No Gross Scheduled Income 88800 Insurance Expense 1200 Listing Agreement Exclusive Right To Sell Maintenance Expense 2000 Other Expense 300 Property Sub Type Quadruplex Sewer Public Sewer Special Listing Conditions Standard Tax Annual Amount 16000 Trash Expense 10400 Water Source Public Zoning R3



Based on information from California Regional Multiple Listing Service, Inc. as of 2025-03-18T21:29:32.57. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Robyn Graham & Associates | Keller Williams. Licensed in the State of California, USA.
 
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Robyn Graham & Associates | Keller Williams
5110 W. Cypress Ave.
Visalia CA, 93277
Listing Agent(s): Sri Gopireddy of Channel Real Estate Inc (4083934722) and Durga Prasad Bhethanabotla of Channel Real Estate Inc(4083934722)