East 14th Street Business District

Oakland, CA 94601

$1,250,000
Last Sold Price
Beds
4,967 Sq. Ft.
$252 / Sq. Ft.
4,967
Sq. Ft.
$252
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!
  1. Listed by Helen Yong • DRE #01772827 • RE/MAX Gold

Property Details for East 14th Street Business District

City
OAKLAND
Building Type
Lowrise (1-3 Flrs)
Property Sub Type
Lowrise (1-3 Flrs)
Garage/Parking
Other
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$8,726 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS Type5+ Units / Five or More Units
Year Built1945
Lot Size0.13 AC / 5,580 SF
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-Residences8Year Built1945Building Size-Lot Size0.13 AC / 5,580 SF

Payment Calculator

$7,549 per month

30 year fixed, 7.25% Interest

Principal and Interest

$6,822

Property Taxes

$727

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
Home Owners Association
  • HOA Amenities: None
Property Details
  • Additional Equipment: Other
  • City Transfer Tax: Yes
  • Exterior: Wood Siding
  • Lot Description: Other
  • Lot Sq Ft Apx: 5580
  • Lot Size Square Feet: 5580.0
  • Roof: Other
  • Sq Ft Apx: 4967
  • Year Built: 1945
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
  • Units Total: 8
  • Basement: Other
  • Tenant Pays: Other
  • Financial Data Source: Owner
Multi Family 5+ Information
Unit 1
  • Unit 1 # Units This Type?: 2
  • Unit # 1 Occupied By: Tenant
  • Unit # 1 # of Bedrooms: 0
  • Unit # 1 # of Bathrooms: 1
  • Unit # 1 Approx SqFt: 575
  • Unit # 1 Rent: 1420-1624
Unit 2
  • Unit 2 # Units This Type?: 2
  • Unit # 2 Occupied By: Tenant
  • Unit # 2 # of Bedrooms: 3
  • Unit # 2 # of Bathrooms: 1
  • Unit # 2 Approx SqFt: 900
  • Unit # 2 Rent: 1205-1912
Unit 3
  • Unit 3 # Units This Type?: 3
  • Unit # 3 Occupied By: Tenant
  • Unit # 3 # of Bedrooms: 2
  • Unit # 3 # of Bathrooms: 1
  • Unit # 3 Approx SqFt: 700
  • Unit # 3 Rent: 1150-1625
Unit 4
  • Unit 4 # Units This Type?: 1
  • Unit # 4 Occupied By: Tenant
  • Unit # 4 # of Bedrooms: 1
  • Unit # 4 # of Bathrooms: 1
  • Unit # 4 Approx SqFt: 450
  • Unit # 4 Rent: 985
Building Details
  • Additional Features-Misc: None
  • Apx Lot Acres: 0
  • On Site Parking Description: Other
  • Tot Ann Oper Exp: 34441.0
  • Total Deposits: 0
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
Additional Information
Additional Information
  • Fireplace: No

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$394,188Additions$919,773Total$1,313,961
Tax Record2023$19,983 ($1,665 / month)
Home Facts
Total Finished SqFt4,976 SqFtAbove Grade Finished SqFt4,976 SqFtStories2Lot Size4,462 SqFtStyleOffice BuildingYear Built1930CountyALAMEDAAPN35-2361-23

Schools near East 14th Street Business District

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 8
Rating
School
Distance
Bridges Academy
PublicK to 5

Coliseum College Prep Academy
Public6 to 12

Fremont High
Public9 to 12

Aspire Eres 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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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 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.