East 14th Street Business District

Oakland, CA 94601

$1,250,000
Last Sold Price
Beds
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

RE/MAX Gold is pleased to offer the opportunity to acquire the fee simple interest (land & building) in 100% occupied, 8 tenant Mixed Used Building featuring 2 commercial space and 6 residential apartments located in Oakland, CA. Both commercial spaces have been rented for 10+ years showing a strong dedication to the site and the community. The apartments have been 95% occupied since 2002. The unit mix of the apartments include one 1bd/1ba, three 2bd/1ba, one 3bd/1 bath and one 3bd/1.5ba unit. There...RE/MAX Gold is pleased to offer the opportunity to acquire the fee simple interest (land & building) in 100% occupied, 8 tenant Mixed Used Building featuring 2 commercial space and 6 residential apartments located in Oakland, CA. Both commercial spaces have been rented for 10+ years showing a strong dedication to the site and the community. The apartments have been 95% occupied since 2002. The unit mix of the apartments include one 1bd/1ba, three 2bd/1ba, one 3bd/1 bath and one 3bd/1.5ba unit. There is also a billboard that brings in additional income each month. Buyer shall verify conformity of each unit. The subject property is located on International Boulevard with high visibility. This site is minutes away to multiple freeways (I-880, I-580, I-80, 24, 980). It is also less than a mile to Fruitvale BART and city bus lines. Stable tenants and low vacancy!

Listing Agent

  1. Helen Yong

    Helen Yong

    Listing Agent

    RE/MAX Gold

    DRE #01772827

Property Details for East 14th Street Business District

City
OAKLAND
Building Type
Lowrise (1-3 Flrs)
Total # Parking Spaces
0

Location

Listing Courtesy of RE/MAX Gold, Helen Yong, DRE #01772827

Sold By Rockwell Properties, Mark Kaplan, DRE #00872023

Add your commute
LISTING UPDATED: 03/23/2020 01:18 PM

Property Details for East 14th Street Business District

StatusSold
MLS #40858219
Days on Compass225
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeCOMM RI MULTI-UNITS 5+ / Lowrise (1-3 Flrs)
Year Built1945
Lot Size-
CountyAlameda County

Location

Listing Courtesy of RE/MAX Gold, Helen Yong, DRE #01772827

Sold By Rockwell Properties, Mark Kaplan, DRE #00872023

Add your commute

Virtual Tour

Building Information for East 14th Street Business District

Stories-Residences-Year Built1945Building Size-Lot Size-

Payment Calculator

$7,497 per month

30 year fixed, 5.89% Interest

Principal and Interest

$5,925

Property Taxes

$1,572

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for East 14th Street Business District

Features
    Feature Details
  • Flooring: Other
    Utility Details
  • Cooling: Other
  • Heating: Other Heat
  • Water/Sewer: Sewer System - Public, Water - Public
Lot / Property Details
    Property Details
  • Additional Equipment: Other
  • City Transfer Tax: Yes
  • Exterior: Wood Siding
  • Lot Description: Other
  • Roof: Other
    Location Details
  • Directions to Property: International Blvd
  • FIPS Code: 06001
  • Census Tract: 0
  • Printed Neighborhood Rpt: No
  • Board ID: QUATTRO San Francisco
Multi Family Information
    General Details
  • Basement: Other
  • Tenant Pays: Other
  • Financial Data Source: Owner
Multi Family 5+ Information
    Building Details
  • Additional Features-Misc: None
  • Apx Lot Acres: 0
  • Apx Lot Sq Ft: 5580
  • On Site Parking Description: Other
  • Tot Ann Oper Exp: 34441.0
  • Tot Bldg Sq Ft: 4967.0
  • Total Deposits: 0
    Unit 1 Information
  • Unit # 1 Approx SqFt: 575
  • Unit # 1 Occupied By: Tenant
  • Unit # 1 Rent: 1420-1624
  • Unit 1 # Units This Type?: 2
    Unit 2 Information
  • Unit # 2 Approx SqFt: 900
  • Unit # 2 Occupied By: Tenant
  • Unit # 2 Rent: 1205-1912
  • Unit 2 # Units This Type?: 2
    Unit 3 Information
  • Unit # 3 Approx SqFt: 700
  • Unit # 3 Occupied By: Tenant
  • Unit # 3 Rent: 1150-1625
  • Unit 3 # Units This Type?: 3
    Unit 4 Information
  • Unit # 4 Approx SqFt: 450
  • Unit # 4 Occupied By: Tenant
  • Unit # 4 Rent: 985
  • Unit 4 # Units This Type?: 1
    Income / Expense Details
  • Annual Exp Year: 34441
  • Annual Gross Sched Income: $136,818
  • Annual Insurance Expense: $4,783
  • Annual License Expense: $1,530
  • Annual Maint Expense: $3,000
  • Annual Mgmt Expense: $0
  • Annual Misc Income: $930
  • Annual Rent Income: $135,888
  • Annual Taxes: $8,726
  • Annual Util Expense: $19,396
  • Annual Vacancy: 0.0
  • Gross Income: $136,818
  • Gross Operating Actual Income: $136,818
  • Net Operating Income: $102,376
  • Other Annual Expense: $0
    Other Financial Information
  • Cap Rate: 6.5
  • Existing Loan: Other
  • Ocpnt Req 24 Hr: Yes

Property History for East 14th Street Business District

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for East 14th Street Business District

Taxable ValueLand$386,460Additions$901,740Total$1,288,200
Tax Record2021$18,866 ($1,572 / month)
Home Facts
Total Finished SqFt4,976 SqFtAbove Grade Finished SqFt4,976 SqFtStories2Lot Size4,462 SqFtStyleOffice BuildingYear Built1930Year Renovated1930CountyALAMEDAAPN35-2361-23

Schools near East 14th Street Business District

This home is within Oakland Unified School District.
RatingSchoolTypeGradesDistance
Public - K to 5
Public - 6 to 12
Public - 9 to 12
Public - K to 8
RatingSchoolDistance
Bridges Academy
PublicK to 5

Coliseum College Prep Academy
Public6 to 12

Fremont High
Public9 to 12

Melrose Leadership Academy
PublicK 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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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 RE/MAX Gold, Helen Yong, DRE #01772827

Based on information from the San Francisco Association of Realtors as of 03/25/2019 12:00 AM, the MLSListings MLS as of 03/25/2019 12:00 AM, or the BAREIS MLS as of 03/25/2019 12:00 AM. MLS data is deemed reliable but is not guaranteed accurate by the MLS. Information is provided for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Information being provided is for consumers’ personal, non-commercial use and may not be used for any purposes other than to identify prospective properties consumers may be interested in purchasing. Data last updated on 03/23/2020 01:18 PM