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217 Santa Clara Ave
Oakland, CA 94610
BOM! $300,000 PRICE REDUCTION! · Multifamily Property For Sale
·
18 Units
PROPERTY FACTS
| No. Units | 18 | Lot Size | 0.21 AC |
| Property Type | Multifamily | Building Size | 12,855 SF |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Low-Rise | Year Built | 1963 |
| Building Class | C | Parking Ratio | 0.83/1,000 SF |
| No. Units | 18 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.21 AC |
| Building Size | 12,855 SF |
| No. Stories | 3 |
| Year Built | 1963 |
| Parking Ratio | 0.83/1,000 SF |
AMENITIES
UNIT AMENITIES
- Heating
- Kitchen
SITE AMENITIES
- Laundry Facilities
ABOUT 217 SANTA CLARA AVE , OAKLAND, CA 94610
The Karbassi Group is delighted to present to the investor community 217 Santa Clara Ave, in the Grand Lake neighborhood of Oakland. The Grand Lake District is nestled directly to the North of Adams Point, in the the Northeast corner of Lake Merritt. OFFERING MEMORANDUM (copy-paste): https://drive.google.com/open?id=0B-DuaJWHe2tgYlhyV1EybmJmaDg -Best Value Few Blocks from the Lake (Grand Lake Area) -Excellent Unit Mix of 14 x 2/1s'; 1 x 3/1; 3 x 1/1s'. -All Units have been upgraded in varying degrees over the past decade. -Double Pane Windows, 4 Units with Hardwood Floors, 1 unit with Stainless Steel Appliance, Several Units with New Appliances, Newer Railings, Newer Garage Door, Newer Alarm System, One Year Old Water Heater, 10 year old roof. -1 to 1 Parking Ratio with 2 Covered Garages -About 60% of the Units are at or near market rate, 30% Rental Upside upon Turnover. -Separately metered for Electricity; There is Electric Stoves and Heaters in the Units.Gas use is limited to the single water heater. -Laundry Machines are Owned The Grand Lake District in directly to the North East of Adams Point. The property is located within a 10 minute walking distance to the Lake Merritt and to the Rose Garden. The walk-ability is ideal for the tenants as they can run errands on foot. Safeway, ACE hardware, Brite Cleaners, Trader Joe's, the Grand Lake Theatre and several coffee shops and restaurants are all within a short walking distance. Oakland Fire Station #10 is literary 1.5 blocks away. The bus stop is located directly across the street which would run to Macarthur BART in 7 minutes. 20 Minute drive to downtown SF.
PROPERTY TAXES
| Parcel Number | 010-0820-004-00 | Improvements Assessment | $5,015,288 |
| Land Assessment | $2,231,000 | Total Assessment | $7,246,288 |
PROPERTY TAXES
