$600,000
$1,000,000
40.0%For more information regarding the value of a property, please contact us for a free consultation.
5,401 Sqft Lot
SOLD DATE : 05/21/2024
Key Details
Sold Price $600,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 41049496
Sold Date 05/21/24
HOA Y/N No
Year Built 1952
Lot Size 5,401 Sqft
Acres 0.124
Property Description
Contractor's Special! This a 6 Unit building, consisting of 1 bed 1 bath units. 1 Unit is occupied where the tenant pays $550 monthly. 5 Units are vacant. All Units have varying degree of significant water damage due to the the leaky walls/roof. Various reports obtained. The pest/dry-rot reports is estimated at about $153k. Roof replacement is estimated around $20k. All units need to be completely gutted and remodeled at about $120k. Electrical upgrade estimate is at around $20k (imperative for property's insurability). Plumbing upgrade is at a minimum at $55k. The estimates above were obtained by 3rd parties for informational and disclosure purposes only and BEI accepts no responsibility for the quoted values and validity of the reports. Open Saturday 10:30-12:15pm (will leave promptly at 12:30pm). If you show up at 12:30p, you won't get to see the units.
Location
State CA
County Alameda
Interior
Heating See Remarks
Cooling See Remarks
Fireplace No
Exterior
Total Parking Spaces 6
Building
Water Other
Others
Financing Cash
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Bought with PEDRAM KARBASSI • MLSListing
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "