396 Santa Clara Ave, Oakland, CA 94610

About this property

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.

Listing description from the May 2024 sale, as reported to CRMLS.

Sale history

$600,000

Sold May 2024 · orig. $1,000,000, on market February 2024 · MLS #41049496 · Source: CRMLS

Listing Agent: Pedram Karbassi · Listing Office: BAY'S ELITE INVESTMENTS · Contact: 510-414-5354 · Bought with: PEDRAM KARBASSI · MLSListing

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