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Listing 20 out of 54
$1,850,000 Pending

825 Erie
Oakland, CA 94610

7 units | Multi Family Home
5227 sq ft lot - MLS# 40864339 Courtesy of Anne Bruff & Associates, Anne Bruff
Property Photo
1/17

Description

Pristine building in best Grand Lake location. Six 1 bedroom units, 1 two bedroom townhouse. Termite work done in 2017, new roof in 2016, sewer lateral compliant. Walk score of 93. Four garages. Great mid-century construction. Hardwood floors in all units.

Features

  • Property Type: Multi Family Home
  • Sub Type: Apt Complex
  • Listing Status: Pending
  • County/Area: Alameda County
  • Zip Code: 94610
  • Year Built: 1952
  • Age: 67
  • Subdivision/Neighborhood: Grand Lake
  • Sq.Ft.: 4,760 sq ft
  • Units: 7 units
  • # of Parking Spaces: 3
  • Lot Size: 5227 sq ft lot
  • View: City Lights
  • Addtl Features Misc.: Garden
  • All Units Have: Refrigerator
  • Annual Gross Sched Inc: 118680
  • Annual License Exp: 1600
  • Annual Maint Exp: 5000
  • Annual Rent Inc: 118680
  • Annual Taxes: 26500
  • Annual Util Exp: 9000
  • Apx Lot Sq Ft: 5000
  • Cap Rate: 3.9
  • Equipment Additional: Water Heater Gas
  • Exterior: Stucco
  • Flooring: Hardwood Floors, Linoleum, Partial Carpeting
  • Gross Income: $118,680
  • Gross Oper Actual Inc: 118680
  • Heating: Gas
  • Laundry: In Basement, Laundry Equip - Owned
  • Lot Description: Regular, Up Slope
  • Net Oper Income: $70,000
  • On-Site Parking Desc: Attached Garage
  • Operating Expenses: Electric, Gas, Maintenance/Repair, Property Tax/Assessments, Trash Removal, Utilities, Water
  • Roof: Rolled Composition
  • Separate Meters: Electric, Gas
  • Tenant Pays: Electric, Gas
  • Tot Ann Oper Exp: 48500
  • Unit # 1 # Of Bathrooms: 1
  • Unit # 1 # Of Bedrooms: 1
  • Unit # 2 # Of Bathrooms: 1
  • Unit # 2 # Of Bedrooms: 1
  • Unit # 2 Parking Spaces: 1
  • Unit 1 # Units This Type?: 6
  • Unit 2 # Units This Type?: 1
  • Water/Sewer: Sewer System - Public
Courtesy of Anne Bruff & Associates, Anne Bruff

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