x
Address
1300 International Blvd. Oakland, CA
Price
$ 2,700,000
Property Attributes
  • MLS#40859449
  • TypeMulti-Family
  • CountyALAMEDA
  • CityOakland
  • AreaOakland Zip Code 94606
  • Zip94606
  • StyleLowrise (1-3 Flrs)
  • Year Built1920
  • Taxes2763
  • Price$ 2,700,000
  • Bedrooms8
  • Full Bathrooms4
  • Half Bathrooms0
  • Sqr Footage15250
  • Lot Size6,098 SqFt
Listing Provided Courtesy Of:
David R. Valva with VALVA REALTY COMPANY.
Property Description

Contractor owner purchased this property in the late ’70s and has made his own improvements since then. He converted the building by permit to 5 residential and 1 commercial unit. The 5 large residential units are 2 bedrooms with excellent tenants. The units are remodeled/upgraded each time it goes vacant. The restaurant pays $4,200 a month. The owner also receives $12,754 annually from Clear Channel® for billboard lease. The building also features an additional 3,663± sf basement which owner is using for workshop/office/storage. Stylish loft-style units feature skylights, hardwood/softwood floors, updated kitchens, makers spaces and much more! Possible residential rent increases are banked!! This is a great opportunity if you’re looking for positive cash flowing investment.

Elementary School Middle School High School
Unknown Elementary School Unknown Middle School Unknown High School
Price History
4/3/2019 Listed $2,950,000
6/6/2019 9% - $2,700,000

General Features

Age 99
All Units Have Dishwasher, Disposal, Patio, Updated Baths, Updated Kitchen, Refrigerator
Annual Exp Yr 2018
Annual Rent Inc 172104
Cap Rate 4.69
HOA No
Listing Area Oakland Zip Code 94606
Listing Status Active
Misc. Additional Features Balcony/Patio
Operating Expenses Insurance, License/Ads, Maintenance/Repair, Miscellaneous/Other, Trash Removal, Water, Other
Status Active
Total Deposits 10500
Zoning CN-3

Interior Features

Basement Separate Entry, Storage Area, Other
Cooling None
Flooring Hardwood Floors, Vinyl, Carpet, Other
Heating Other Heat
Laundry Coin Operated, Common Room
Total Number of Units 6
Unit # 1 Approx. Sqft 3000
Unit # 1 Rent 4200
Unit # 2 # Of Bathrooms 1
Unit # 2 # Of Bedrooms 2
Unit # 2 Range Oven Yes
Unit # 2 Refrigerator Yes
Unit # 2 Rent 2600
Unit # 3 # Of Bathrooms 1
Unit # 3 # Of Bedrooms 2
Unit # 3 Range Oven Yes
Unit # 3 Refrigerator Yes
Unit # 3 Rent 2100
Unit # 4 # Of Bathrooms 1
Unit # 4 # Of Bedrooms 2
Unit # 4 Rent 2000
Unit # 5 # Of Bathrooms 1
Unit # 5 # Of Bedrooms 2
Unit # 5 Range Oven Yes
Unit # 5 Refrigerator Yes
Unit # 5 Rent 2300
Unit 1 # Units This Type? Restaurant
Unit 2 # Units This Type? 1410 13th
Unit 3 # Units This Type? 1304 #1
Unit 4 # Units This Type? 1304 #2
Unit 5 # Units This Type? 1304 #4

Exterior Features

Apx Lot Sq Ft 6217
Building Type Lowrise (1-3 Flrs)
Exterior Stucco
Lot Description Corner
Lot Size Area 0.14
Parking None
Roof Composition Shingles
Separate Meters Electric, Gas
Water/Sewer Sewer System - Public, Water - Public

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 94606

Price
AVG $1.85M
$2.7M
Taxes
AVG $3,157
$2,763
Visits
AVG 13
14
Year Built
AVG 1933
1920
Walkscore
AVG 84
89
Data Provided by Walkscore ® not using MLS data

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