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Seller's Agent in 2023
Juan Sabino
Luxe Realty Group
(415) 990-0012
1 in this area
15 Total Sales
5 UNIT COMPLEX . 4693 SQFT $1,350,000 Unit 1 = 3 bed, 2 bath, 1100 sqft. Unit 2-4 = 2 bed, 1 bath, 900 sqft. Unit 5 = 1 bed, 1 bath, 800 sqft. COMMERCIAL INVESTMENT PROPERTY Coin operated laundry Single car garage parking for each unit Expansive driveway for additional parking This 5 unit complex is located within 5-7 minutes of both the 880 and 580 interstate freeways that connect you to neighboring cities. A 10 minute drive westwards brings you to Lake Merritt and the bustling shops of Piedmont. It rests on a quiet street in a friendly neighborhood and serves as a great investment property as 4 of the 5 units are already occupied with preexisting tenants. The third unit is a 3 bedroom, 2 bath unit and is currently available. Its availability allows for an approximate added $3300-3600 revenue per month with the right tenant. This available unit is updated with laminate floors and has the largest interior space of the 5 units. A rear deck that opens to a quiet creek will certainly entice any future tenants. A coin operated laundry and plenty of parking make it advantageous for tenants as parking has always been a hurdle in major metropolitan areas like Oakland and San Francisco.
Last Agent to Sell the Property
Luxe Realty Group License #02104887 Listed on: 01/30/2023
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
02/04/2025 02/04/25 | Off Market | $1,150,000 | -- | -- |
06/23/2023 06/23/23 | Sold | $1,150,000 | 0.0% | $245 / Sq Ft |
06/03/2023 06/03/23 | Off Market | $1,150,000 | -- | -- |
05/01/2023 05/01/23 | Price Changed | $995,000 | -26.3% | $212 / Sq Ft |
04/13/2023 04/13/23 | Price Changed | $1,350,000 | -6.6% | $288 / Sq Ft |
02/23/2023 02/23/23 | Price Changed | $1,445,000 | -3.3% | $308 / Sq Ft |
01/30/2023 01/30/23 | For Sale | $1,495,000 | -- | $319 / Sq Ft |
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Seller's Agent in 2023
Juan Sabino
Luxe Realty Group
(415) 990-0012
1 in this area
15 Total Sales
Buyer's Agent in 2023
David Howarth
(510) 822-1331
1 in this area
34 Total Sales
Source: Contra Costa Association of REALTORS®
MLS Number: 41016823