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Listing 7 out of 54
$2,550,000 For Sale

990 34th St
Oakland, CA 94608

4 units | Multi Family Home
10890 sq ft lot - MLS# 40865652 Courtesy of Centermac Realty, Inc., Kenny Kean Tan
Property Photo
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Description

Maximize your returns! An investor delight, this property offers a great opportunity for an investor not only to derive steady rental income from an existing 4-unit structure plus a vacant land to develop and build additional 9+ one bedroom apartments at your convenience. Each unit comes with at least 3 bedrooms. Plenty of parking spaces that can be rented for additional income. Appliances are new and all units have their own washer and dryer. New Sewer lateral installed and have certificate. All apartments are metered separately for water, electric and gas usage. Tenant pay directly to EBMUD and PG&E. 6 assigned covered parking spaces that can be rented @$125 each. Near BART, shopping and employment city centers. Walking score is 86.

Features

  • Property Type: Multi Family Home
  • Sub Type: FOURPLEX
  • Listing Status: Active
  • County/Area: Alameda County
  • Zip Code: 94608
  • Year Built: 1924
  • Age: 95
  • Units: 4 units
  • Lot Size: 10890 sq ft lot
  • All Units Have: Dishwasher, Disposal, Updated Baths, Updated Kitchen
  • Annual Expense Year: 10300
  • Annual Gross Sched Income: $110,580
  • Annual Insurance Expense: $2,000
  • Annual Maintance Exp: 2000
  • Annual Management Expense: $6,098
  • Annual Rental Inc: 110580
  • Annual Total Oper Exp: 16398
  • Annual Utility Expense: $500
  • Cooling: No Air Conditioning
  • Existing Lease Terms: Written Agreement
  • Exterior: Stucco
  • Flooring: Tile
  • Heating: Forced Air 2 Zns Or More
  • Laundry: Common Room
  • Lot Description: Regular
  • Lot Sq Ft Apx: 10752
  • Net Operating Income: $100,280
  • Operating Expenses: Garbage Collection, Insurance
  • Park Spc Tot: 9
  • Parking Description: Carport - 2 Or More
  • Roof: Tar And Gravel
  • Separate Meters: Electric, Gas, Water
  • Tenant Pays: Electric, Gas, Parking, Water
  • Total Deposits: 9140
  • Unit 1: 3-Bedrooms, 2-Bathrooms, 1-Parking Spaces
  • Unit 2: 3-Bedrooms, 2-Bathrooms, 1-Parking Spaces
  • Unit 3: 3-Bedrooms, 2-Bathrooms, 1-Parking Spaces
  • Unit 4: 3-Bedrooms, 1-Bathrooms, 1-Parking Spaces
  • Water/Sewer: Sewer System - Public, Water - Public
  • Yard Description: Back Yard, Fenced
Courtesy of Centermac Realty, Inc., Kenny Kean Tan

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22326 Main St - Hayward, CA 94541
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