2400 Humboldt
Oakland, CA 94601
- – beds
- – baths
- – sqft
- 6,250 sqft lot
- 1923 build
- – on site
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$475,000 CASH ONLY! $79,000/Door Rare Contractors special w/ huge upside: Beautiful 1930s Mediterranean style building struck by fire. Attractive six unit building w/ five studios and one two bedroom has great cash flow potential with two units sustaining moderate fire damage and one unit gutted it to studs w/ floor joist in good shape. Building was remodeled w/ permits in mid 1980s w/ new foundation, new electrical panel, new sewer lateral and copper piping and electrical upgrades as well as new kitchen counters and shower stalls. Building was occupied prior to fire w/ studios renting at average $1500-$1550 monthly and two bedroom priced at $2250 monthly. Building is smoke damaged throughout however, washing down walls and using ozone odor removal machines should remove smoke odor. We believe structural damage could easily be completely restored without a huge financial burdent and building could turn significant cash flow for motivated builder/investor. Building comes w/ full architectural plans for restoration and can be modified by new owner. Don't miss this rare opportunity to own six units at only $79k per door, 1/3 of Market Value Pre-Fire! **Photos are from before and after the fire**
Last checked:
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Last updated May 13, 2024
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MLS# 41054227 —
The Building
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Year Built:1923
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Construction Materials:Stucco, Wood Siding
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Total Number Of Units:6
Location
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Directions:35th Ave to Lynde St Cross Street: 35th Ave.
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Latitude:37.78794200
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Longitude:-122.21356800
The Property
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Property Type:Residential Income
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Lot Features:Level with Street
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Lot Size Area:6250.0000
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Lot Size Acres:0.1435
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Lot Size SqFt:6250.00
Listing Agent
- Contact info:
- No listing contact info available
Taxes
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Tax Census Tract:no
Heating & Cooling
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Heating:1
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Heating:Floor Furnace
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Cooling:Yes
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Cooling:None
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
5/10/24
May 10, 2024
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Sold | CRMLS_CA | $475,000 | |
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5/2/24
May 2, 2024
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Pending | CRMLS_CA | $475,000 | |
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4/29/24
Apr 29, 2024
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Price Changed | CRMLS_CA | $475,000 | -26.9% |
