1300 International Blvd.

    Oakland, CA 94606
    • $2,950,000
    • STATUS: Active
    • ON SITE: 40 days
    • ID#: EB40859449
    UPDATED: 123 min ago
    $2,950,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1920
    County:

    School Ratings & Info

    Description

    Contractor owner purchased this property in the late '70s and has made his own improvements since then. He converted the building by permit to 5 residential and 1 commercial unit. The 5 large residential units are 2 bedrooms with excellent tenants. The units are remodeled/upgraded each time it goes vacant. The restaurant pays $4,200 a month. The owner also receives $12,754 annually from Clear Channel for billboard lease. The building also features an additional 3,663 sf basement which owner is using for workshop/office/storage. Stylish loft-style units feature skylights, hardwood/softwood floors, updated kitchens, makers spaces and much more! Possible residential rent increases are banked!! This is a great opportunity if you're looking for positive cash flowing investment.

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    © 2019 MLSListings Inc. Based on information from MLSListings MLS as of 2019-05-22T08:48:31.88. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. DX information is provided exclusively 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. Information is deemed reliable but is not guaranteed accurate by the MLS or Strock Real Estate.

    Licensed in the State of California.
    www.strockrealestate.com/homes/93605764

    1300 International Blvd. Oakland, CA 94606

    • Price: $2,950,000
    • Status: Active
    • Updated: 123 min ago
    • ID#: EB40859449
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    1920
    Built
    Neighborhood:
    Oakland Zip Code 94606
    County:
    Alameda
    Area:
    Oakland Zip Code 94606
    Property Description
    Contractor owner purchased this property in the late '70s and has made his own improvements since then. He converted the building by permit to 5 residential and 1 commercial unit. The 5 large residential units are 2 bedrooms with excellent tenants. The units are remodeled/upgraded each time it goes vacant. The restaurant pays $4,200 a month. The owner also receives $12,754 annually from Clear Channel for billboard lease. The building also features an additional 3,663 sf basement which owner is using for workshop/office/storage. Stylish loft-style units feature skylights, hardwood/softwood floors, updated kitchens, makers spaces and much more! Possible residential rent increases are banked!! This is a great opportunity if you're looking for positive cash flowing investment.
    Exterior Features

    Exterior Stucco Garage Parking No Parking Lot Location Corner Roof Composition Units In Complex Max 6

    Interior Features

    Additional Rooms Basement - Storage Area Baths Unit2 1.00 Baths Unit3 1.00 Baths Unit4 1.00 Beds Unit2 2 Beds Unit3 2 Beds Unit4 2 Cooling None Flooring HardwoodVinylCarpet - Wall To WallOther Laundry Laundry Facility - Coin-OpCommunity Facility Max Building Height 3 Min Building Height 1 Sq Ft Unit1 3000 Structure Sq Ft 15250

    Property Features

    Additional Listing Info Not Applicable Amenities Balcony/Patio City Name Oakland Cross Street 13th Ave Hoa YN No Lot Size Area Maximum 6217.00 Meters Separate ElectricSeparate Gas Rent Unit1 4200 Rent Unit2 2600 Rent Unit3 2100 Rent Unit4 2000 Security Features Fire System - Sprinkler Sewer Septic Sewer - Public Water Heater - GasPublic Zoning Cn-3

    © 2019 MLSListings Inc. All rights reserved. Listing provided courtesy of David R. Valva of Valva Realty Company.


    © 2019 MLSListings Inc. Based on information from MLSListings MLS as of 2019-05-22T08:48:31.88. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. DX information is provided exclusively 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. Information is deemed reliable but is not guaranteed accurate by the MLS or Strock Real Estate.

    Licensed in the State of California.
     
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