740 Alcatraz Avenue
$1,175,000
—
2,413
2,413
$487
Listed By Compass
Pending
Description
This 5-unit apartment building at 740 Alcatraz Ave is a unique investment opportunity in the tenant-friendly South Berkeley boarder. The property consists of 5 well-maintained units: 3 - studios, 1 - one bedroom, 1 - spacious two-bedroom, and 6 private garages. Three units have been tastefully renovated, and the building offers tenants on-site coin-op laundry and ample storage space in the basement. The six private garages in a separate structure on the back of the property provide a new investor...This 5-unit apartment building at 740 Alcatraz Ave is a unique investment opportunity in the tenant-friendly South Berkeley boarder. The property consists of 5 well-maintained units: 3 - studios, 1 - one bedroom, 1 - spacious two-bedroom, and 6 private garages. Three units have been tastefully renovated, and the building offers tenants on-site coin-op laundry and ample storage space in the basement. The six private garages in a separate structure on the back of the property provide a new investor with over $14,000 additional annual income with room to grow. With its separate gas and electricity meters and convenient location, the building is a stable investment for any investor. It offers easy access to the CA-24 freeway and is within walking distance of Ashby BART. This well-maintained building is priced to sell at only $250k per unit and gives investors an achievable rental upside in a currently stable building.
Listing Agent
Property Details for 740 Alcatraz Avenue
City
OAKLAND
Building Type5 or More Units
Property Sub Type5 or More Units
Garage/ParkingDetached Garage, Other
ViewNone
Total # Parking Spaces8
LISTING UPDATED: 11/14/2024 01:20 PM
Property Details for 740 Alcatraz Avenue
Status | Pending |
---|---|
MLS # | 41068194 |
Days on Compass | 107 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | 5+ Units / Five or More Units |
Year Built | 1910 |
Lot Size | 0.14 AC / 6,000 SF |
County | Alameda County |
Building Information for 740 Alcatraz Avenue
Stories-Residences5Year Built1910Building Size-Lot Size0.14 AC / 6,000 SF
Property Information for 740 Alcatraz Avenue
Property History for 740 Alcatraz Avenue
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 740 Alcatraz Avenue
Taxable ValueLand$250,000Additions$937,500Total$1,187,500
Tax Record2024$19,755 ($1,646 / month)
Home Facts
Total Finished SqFt2,413 SqFtAbove Grade Finished SqFt2,413 SqFtStories2Lot Size6,000 SqFtStyleMulti-Family Res (5+ Units)Year Built1910Year Renovated1920CountyALAMEDAAPN16-1432-9
Schools near 740 Alcatraz Avenue
This home is within Oakland Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Charter - | K to 8 |
Rating | School | Distance |
---|---|---|
Peralta Elementary School PublicK to 5 | ||
Claremont Middle School Public6 to 8 | ||
Oakland Technical High School Public9 to 12 | ||
Aspire Berkley Maynard Academy CharterK to 8 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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