748 Clara Street
$949,000
—
3,442
3,442
$276
Description
CASH COW with passive Income, which can be increased by $1000 / month legally and immediately. Tenants are long term , hard working Families, 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 3 Beds and 2 Baths. 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...CASH COW with passive Income, which can be increased by $1000 / month legally and immediately. Tenants are long term , hard working Families, 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 3 Beds and 2 Baths. 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. And communicates in Spanish with all the tenants all their mother tongue being Spanish . Very matured and hard working Families who pays in time and well behaved too. New owner if they want , can retain the current Property Manager and easily can manage remotely, which is like a Dream come True for busy people. At a fraction of the per square feet price with the Stabilized Income, this property has inbuilt value with average commute times of 35-45 minutes from Bay Area/ Silicon Valley. Send offers , subject to inspection , contingency. Offers as they come. Please DO NOT Disturb Tenants.
- Listed by Sri Gopireddy • DRE #01321671 • Brokerage DRE #01321671 • Channel Real Estate Inc • 408-393-4722
- Listed by Durga Prasad Bhethanabotla • DRE #01989390 • Brokerage DRE #01321671 • Channel Real Estate Inc
Property Details for 748 Clara Street
MLS City Name
OAKLAND
Building TypeFOURPLEX
Garage Spaces0
Parking Spaces5
Cross Street98TH
LISTING UPDATED: 01/16/2025 03:10 PM
Property Details for 748 Clara Street
Status | Active |
---|---|
MLS # | ML81983710 |
Days on Compass | 112 |
Taxes | $16,000 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | RESIDENTIAL INCOME / Fourplex |
Year Built | 1964 |
Lot Size | 0.14 AC / 6,250 SF |
County | Alameda County |
Building Information for 748 Clara Street
Stories2Residences4Year Built1964Building Size-Lot Size0.14 AC / 6,250 SF
Property Information for 748 Clara Street
Property History for 748 Clara Street
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 748 Clara Street
Taxable ValueLand$208,900Additions$487,435Total$696,335
Tax Record2024$25,243 ($2,104 / month)
Home Facts
Total Finished SqFt3,442 SqFtAbove Grade Finished SqFt3,442 SqFtStories2Lot Size6,250 SqFtStyleQuadraplexYear Built1964Year Renovated1965CountyALAMEDAAPN44-5012-1-1
Schools near 748 Clara Street
This home is within Oakland Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 5 | |||
Public - | 6 to 12 | |||
Public - | 9 to 12 | |||
Charter - | K to 12 |
Rating | School | Distance |
---|---|---|
Brookfield Elementary School PublicK to 5 | ||
Madison Park Academy 6-12 Public6 to 12 | ||
Castlemont High Public9 to 12 | ||
Lodestar: A Lighthouse Community Charter Public CharterK to 12 |
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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