748 Clara St Oakland, CA 94603
Brookfield Village NeighborhoodEstimated payment $4,627/month
About This Home
CASH COW WITH $7875.00/MONTH GROSS INCOME, Tenants are long term residents in the Building. Stabilized income is a haul mark feature of the Property. Located in a GOOD neighborhood and CLOSE to FREEWAYS. New exterior Paint. Additional 5th Unit is Built by previous owner and permits are unknown with income of $875.00. So its a Fifer- five unit property. Any outstanding issues will be the responsibility of the owner with tenants and will be dealt before COE. Property Manager lives in one of the units and is a Licensed Contractor, takes care of the Maintenance of the Property too. Very matured and hard working Families who pays in time and well behaved too. At a fraction of the per square feet price with the Stabilized Income, this property has inbuilt value with an average commute times of 35-45 minutes from Bay Area/ Silicon Valley. Send offers- subject to inspection , Seller is motivated, offers as they come in. Please DO NOT Disturb Tenants.
Property Details
Home Type
- Multi-Family
Year Built
- 1964
Home Design
- Quadruplex
- Pillar, Post or Pier Foundation
- Wood Frame Construction
- Composition Roof
Interior Spaces
- 3,442 Sq Ft Home
- 2-Story Property
Flooring
- Laminate
- Vinyl
Parking
- 5 Parking Spaces
- 4 Carport Spaces
Additional Features
- 6,251 Sq Ft Lot
- Forced Air Heating and Cooling System
Listing and Financial Details
Community Details
Overview
Building Details
- 5 Leased Units
- Gardener Expense $2,000
- Insurance Expense $1,200
- Maintenance Expense $2,000
- Other Expense $300
- Utility Expense $7,800
- Trash Expense $10,400
- Operating Expense $39,700
- Gross Income $89,775
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $25,243 | $710,261 | $213,078 | $497,183 |
| 2024 | $25,243 | $696,335 | $208,900 | $487,435 |
| 2023 | $30,903 | $682,685 | $204,805 | $477,880 |
| 2022 | $15,258 | $669,300 | $200,790 | $468,510 |
| 2021 | $11,687 | $656,177 | $196,853 | $459,324 |
| 2020 | $15,159 | $649,451 | $194,835 | $454,616 |
| 2019 | $10,896 | $636,720 | $191,016 | $445,704 |
| 2018 | $10,664 | $624,240 | $187,272 | $436,968 |
| 2017 | $10,153 | $612,000 | $183,600 | $428,400 |
| 2016 | $7,636 | $436,557 | $130,967 | $305,590 |
| 2015 | $11,098 | $430,000 | $129,000 | $301,000 |
| 2014 | $4,808 | $209,023 | $62,707 | $146,316 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/05/2025 11/05/25 | Pending | -- | -- | -- |
| 10/13/2025 10/13/25 | For Sale | $749,000 | -- | $218 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | None Available | |
| Grant Deed | $600,000 | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Grant Deed | $430,000 | First American Title | |
| Grant Deed | -- | None Available | |
| Trustee Deed | $299,000 | First American Title Ins Co | |
| Interfamily Deed Transfer | -- | Financial Title Company |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $423,750 | Purchase Money Mortgage | |
| Previous Owner | $367,500 | Purchase Money Mortgage | |
| Previous Owner | $95,400 | Purchase Money Mortgage |
Source: MLSListings
MLS Number: ML82024689
APN: 044-5012-001-01
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Property Information © 2025 MLSListings Inc. All rights reserved. Listing information is deemed reliable but not guaranteed. Certain information contained herein is derived from information which is the licensed property of, and copyrighted by, MLSListings Inc. The viewer acknowledges ownership and validity of its copyright. Information provided is for personal, non-commercial use by a viewer with a bona fide interest in the purchase or sale of real estate of the type being offered via this website or other electronic means. The viewer is prohibited from copying, redistributing or retransmitting any of the data or information provided by MLSListing, Inc.