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| 801 53rd Street Oakland |
| 6 One-Bedroom Units |
| Status |
Sold |
| Price |
$799,000 |
| Category |
Commercial |
| Number of Units |
6 |
| Style |
Traditional |
| Year Built |
1921 |
| MLS |
40192524 |
| Description |
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6 Units on 53rd at MLK in Oakland. These 6 one-bedroom units are freshly painted, and in aconvenient location. The building is across the street from Children's Hospital, and close to freeways and the Ashby BART station. There are 3 vacant units that are in the process of being rented. |
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| Comments |
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| Property Information |
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Building Sq. Ft. |
4388 |
Lot Sq. Ft. |
5100 |
Date Listed |
03/01/06 |
Date Sold |
10/18/06 |
Sale Price |
$727,500 |
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Investment Information |
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Price |
$799,000 |
Down Payment |
$239,000 |
Loan Amount |
$559,300 |
Current Cap Rate |
0.05 |
Market Cap Rate |
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Current GRM |
13.24 |
Market GRM |
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Scheduled Gross Income |
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Rents |
$60,360 |
Reserve vacancy at |
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Laundry |
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Parking |
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Net Rental Income |
$60,360 |
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Operating Expenses |
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| Property Taxes |
$11,985 |
| Building Insurance |
$3,452 |
| Rent Registration |
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| Business License |
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| Gas & Electric |
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| Water & Garbage |
$3,840 |
| Total Operating Expenses |
$19,277 |
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Mortgage Calculator
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Exclusive Offering By |
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Sarah Schoeneman
510.883.7004 office
510.418.0070 cell
510.883.7076 fax
sarahschoeneman@yahoo.com
Click here to schedule a showing. |
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Jenny Wang
510.883.7012 office
510.289.1022 cell
510.883.7076 fax
jenny@elmwoodrealty.com
Click here to schedule a showing. |
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