412 Kains Avenue

Albany, CA 94706

$2,100,000
Last Sold Price
8
Beds
10
Baths
5,426 Sq. Ft.
$387 / Sq. Ft.
5,426
Sq. Ft.
$387
per Sq. Ft.

Description

As East Bay multifamily investments go, 412 Kains is a needle in a haystack. Not only is this a 5,000+ sq. ft. 4-unit building that comes with an 8-car garage, but each of the units follows a split-level, 2BR/2.5BA configuration that’s all but impossible to find in the area. Speaking of area, the neighborhood in which 412 Kains resides is a jewel—a 95 Walk Score, highly-rated schools, easy access to BART, even easier access to popular retailers like Trader Joe’s and Petco...what’s not to love? Prospective...As East Bay multifamily investments go, 412 Kains is a needle in a haystack. Not only is this a 5,000+ sq. ft. 4-unit building that comes with an 8-car garage, but each of the units follows a split-level, 2BR/2.5BA configuration that’s all but impossible to find in the area. Speaking of area, the neighborhood in which 412 Kains resides is a jewel—a 95 Walk Score, highly-rated schools, easy access to BART, even easier access to popular retailers like Trader Joe’s and Petco...what’s not to love? Prospective owners will be happy to know that all units are individually metered for utilities, and come with income upside (current market rate is estimated to be $990 higher than the current rent). Other property niceties include private balconies, expansive unit size (1,200+ sq. ft. per unit) and the building’s unmatched proximity to gorgeous greenspaces like the Tilden Nature Reserve or the Berkeley Marina.
  1. Listed by Joey Wang • DRE #01890931 • KELLER WILLIAMS REALTY

Property Details for 412 Kains Avenue

City
ALBANY
Building Type
FOURPLEX
Property Sub Type
FOURPLEX
Garage Spaces
0
Garage/Parking
Gate / Door Opener, Garage, Parking Area, Spaces per Unit - 1
View
Hills
Park Spaces Total
8
Total # Parking Spaces
8

Location

Listing Courtesy of KELLER WILLIAMS REALTY, Joey Wang, DRE #01890931

Sold By OUT OF AREA - NON MEMBER, OUT OF AREA OUT, DRE #00877117

Add your commute
LISTING UPDATED: 01/07/2022 07:10 PM

Property Details for 412 Kains Avenue

StatusSold
MLS #40967534
Days on Compass74
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Fourplex
Year Built1989
Lot Size0.11 AC / 5,000 SF
CountyAlameda County

Location

Listing Courtesy of KELLER WILLIAMS REALTY, Joey Wang, DRE #01890931

Sold By OUT OF AREA - NON MEMBER, OUT OF AREA OUT, DRE #00877117

Add your commute

Building Information for 412 Kains Avenue

Stories-Residences4Year Built1989Building Size-Lot Size0.11 AC / 5,000 SF

Payment Calculator

$14,561 per month

30 year fixed, 7.25% Interest

Principal and Interest

$11,461

Property Taxes

$3,100

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 412 Kains Avenue

Features
Feature Details
  • Flooring: Tile, Vinyl, Carpet
  • Laundry: Dryer, Inside Unit, Washer
Room Details
  • Rooms Total: 0
  • Bathrooms Total Count: 0.0
  • Bathrooms Half: 0
Utility Details
  • Cooling: Central 1 Zone A/C
  • Heating: Central
  • Water/Sewer: Sewer System - Private
Lot / Property Details
Home Owners Association
  • HOA Dues: $.00
Property Details
  • Additional Equipment: Dryer, Garage Door Opener, Washer, Water Heater Gas, Carbon Mon Detector, Double Strapped Water Htr, Secured Access, Security Gate, Smoke Detector, Individual Electric Meter, Individual Gas Meter
  • City Transfer Tax: Yes
  • Exterior: Wood Siding
  • Lot Description: Security Gate
  • Lot Sq Ft Apx: 5000
  • Lot Size Square Feet: 5000.0
  • Roof: Composition Shingles
  • Sq Ft Apx: 5426
  • Stories: 0.0
  • Yard Description: Fenced, Side Yard, No Yard, Low Maintenance
  • Year Built: 1989
  • Acres: 0.12
Location Details
  • Directions to Property: North on San Pablo Ave, right on Kains Ave
  • FIPS Code: 06001
  • Parcel Number: 67-2827-5
  • Printed Neighborhood Rpt: Yes
  • Board ID: Bridge AOR
Multi Family Information
General Details
  • All Units Have: Deck, Dishwasher
  • Some Units Have: Deck, Dishwasher, Fireplaces
  • Units Total: 4
  • Basement: None
  • Parking Description: Garage Parking, Parking Area, Space Per Unit - 1, 4-7 Cars
  • Separate Meters: Electric, Gas, Water
  • Existing Lease Terms: Month to Month
  • Tenant Pays: Electric, Gas, Water
  • Financial Data Source: Estimated, Owner, Projected
Income / Expense Details
  • Annual Expense Year: 0
  • Annual Taxes $: $0
  • Annual Gross Fee Income: $0
  • Annual Gross Sched Income: $134,847
  • Annual Miscellaneous Income: $0
  • Annual Rental Income: $0
  • Gross Oper Income (Act): $0
  • Net Operating Income: $0
  • Annual Insurance Expense: $0
  • Annual License Expense: $0
  • Annual Maintance Expense: $0
  • Annual Management Expense: $0
  • Annual Total Oper Expense: $0
  • Annual Utility Expense: $0
  • Annual Vacancy Expense: $0
  • Operating Expenses: Electric, Garbage Collection, Gas, Insurance, Maintenance/Repair, Trash Removal
  • Other Annual Expense: $0
Unit 1 Details
  • Unit #/Address - 1: A
  • Occupied By 1: Tenant
  • Bedrooms 1: 2
  • Bathrooms 1: 2.5
  • Apx Sq Ft 1: 1233
  • Rent 1: 2936
Unit 2 Details
  • Unit #/Address - 2: B
  • Occupied By 2: Tenant
  • Bedrooms 2: 2
  • Bathrooms 2: 2.5
  • Apx Sq Ft 2: 1239
  • Rent 2: 2861
Unit 3 Details
  • Unit #/Address - 3: C
  • Occupied By 3: Tenant
  • Bedrooms 3: 2
  • Bathrooms 3: 2.5
  • Apx Sq Ft 3: 1239
  • Rent 3: 2800
Unit 4 Details
  • Unit #/Address - 4: D
  • Occupied By 4: Tenant
  • Bedrooms 4: 2
  • Bathrooms 4: 2.5
  • Apx Sq Ft 4: 1233
  • Rent 4: 2640
Multi Family 5+ Information
Building Details
  • ADDTL MISC FEATURES: Balcony/Patio
  • Total Deposits: 0
Income / Expense Details
  • Gross Rent Multiplier: $0
Other Financial Information
  • Cap Rate: 0.0
Additional Information
Additional Information
  • Fireplace: No

Property History for 412 Kains Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 412 Kains Avenue

Taxable ValueLand$642,600Additions$1,499,400Total$2,142,000
Tax Record2023$37,204 ($3,100 / month)
Home Facts
Total Finished SqFt5,426 SqFtAbove Grade Finished SqFt5,426 SqFtStories2Lot Size5,000 SqFtStyleQuadraplexYear Built1989CountyALAMEDAAPN67-2827-5

Schools near 412 Kains Avenue

This home is within Albany City Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 10 to 12
Rating
School
Distance
Cornell Elementary School
PublicK to 5

Albany Middle School
Public6 to 8

Albany High School
Public9 to 12

Macgregor High (Continuation) School
Public10 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.

Similar Homes

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Similar Sold Homes

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of KELLER WILLIAMS REALTY, Joey Wang, DRE #01890931

Based on information from one of the following Multiple Listing Services: San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.