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4631 Congress Ave

Oakland, CA 94601
  • $569,000
  • STATUS: Active
  • ON SITE: 67 Days
  • ID#: 40966808
UPDATED: 17 min ago
$569,000
  • 0
    BEDS
  • 0.19
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 3,430
    SQFT
  • $166
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1920
County:
Area:

School Ratings & Info

Description

CALLING ALL BUYERS AND BUILDERS/DEVELOPERS! Dont miss this opportunity to purchase this 3bd/1ba/1050sf single family home (tenant-occupied) sitting on a large 8,060 sq ft lot with APPROVED PLANS AND PERMITS to construct a second detached 3-unit ADU on the same lot! The ADU will consist of (1) 3 bd/2ba/1190sf (2) 3 bd/1.5 ba/730sf (3) 1 bd/1 ba/460sf). The potential gross rental income for the entire property after completion is between $8,000-10,000/month! Renderings provided are a conceptual design. Property is being sold with tenants in the existing house and approved plans to construct the 3-unit ADU. Permits for the proposed ADU have been approved. The plans include 4 uncovered parking spaces - 1 for each unit. Buyer just pays for the permits and can start building!

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Bay East ©2021. CCAR ©2021. bridgeMLS ©2021. Information Deemed Reliable But Not Guaranteed. This information is being provided by the Bay East MLS, or CCAR MLS, or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website. This information is intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated at 2021-12-06T11:38:32.18.

www.stevebhalla.com/homes/121912614
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4631 Congress Ave Oakland, CA 94601

  • Price: $569,000
  • Status: Active
  • On Site: 67 Days
  • Updated: 17 min ago
  • ID#: 40966808
0
Beds
0
Baths
0
½ Baths
0.19
Acres
3,430
SQFT
$166
$/SQFT
1920
Built
Neighborhood:
Oakland
County:
Alameda
Area:
Oakland
Property Description
CALLING ALL BUYERS AND BUILDERS/DEVELOPERS! Dont miss this opportunity to purchase this 3bd/1ba/1050sf single family home (tenant-occupied) sitting on a large 8,060 sq ft lot with APPROVED PLANS AND PERMITS to construct a second detached 3-unit ADU on the same lot! The ADU will consist of (1) 3 bd/2ba/1190sf (2) 3 bd/1.5 ba/730sf (3) 1 bd/1 ba/460sf). The potential gross rental income for the entire property after completion is between $8,000-10,000/month! Renderings provided are a conceptual design. Property is being sold with tenants in the existing house and approved plans to construct the 3-unit ADU. Permits for the proposed ADU have been approved. The plans include 4 uncovered parking spaces - 1 for each unit. Buyer just pays for the permits and can start building!
Exterior Features

Additional Misc Features Balcony/Patio Exterior Wood Siding Lot Description 2 Houses / 1 LotFront Yard Parking Description Side-By-SideUncovered Parking SpaceUncovered Park Spaces 2+4-7 Cars Parking Spaces Total 4 Parking Spaces Unit1 1 Parking Spaces Unit2 1 Parking Spaces Unit3 1 Parking Spaces Unit4 1 Roof Other Yard Description FencedFront Yard

Interior Features

All Units Have DisposalOtherUpdated BathsUpdated Kitchen Apx Sq Ft Unit1 1050 Apx Sq Ft Unit2 1190 Apx Sq Ft Unit3 730 Apx Sq Ft Unit4 460 Basement Storage Area Bathrooms Unit1 1 Bathrooms Unit2 2 Bathrooms Unit3 1.5 Bathrooms Unit4 1 Bedrooms Unit1 3 Bedrooms Unit2 3 Bedrooms Unit3 3 Bedrooms Unit4 1 Cooling No Air Conditioning Flooring Other Heating Other Heat Laundry 220 Volt OutletWasher/Dryer Hookups Some Units Have DeckDishwasherDisposalOtherUpdated BathsUpdated Kitchen

Property Features

Age 101 Annual Expense Year 0 Annual Gross Fee Income 0 Annual Gross Sched Income 0 Annual Insurance Expense 483 Annual Maintenance Exp 300 Annual Management Expense 0 Annual Miscellaneous Inc 0 Annual Rental Inc 16920 Annual Taxes 7728 Annual Total Oper Exp 8316 Annual Utility Expense 0 Annual Vacancy Expense 0 Building Type 2HOUSES-1LOT City Transfer Tax Yes Disabled Features See Remarks Disclosures Nat Hazard DisclosureDisclosure Package AvailLead Hazard Disclosure Equipment Additional See Remarks Existing Lease Terms Other Financial Data Source Owner Inspections And Reports Structural Pest ControlRoofArchitectural PlansBuilding PlansEstoppel CertificatePreliminary Title ReportProperty InspectionSeller Prop QuestionnaireTransfer Disclosr Statmnt Other Annual Expense 0 Point Of Sale Ordinance Yes Possession See Remarks Rent Unit1 1410 Rent Unit2 2500 Rent Unit3 2400 Rent Unit4 1900 Separate Meters Other Source Other Special Information None Tenant Pays ElectricGasTrashWater Terms CashConventional Total Deposits 0 Water Sewer Sewer System - Public

Listing courtesy of Linda Ngo of Coldwell Banker Residential.


Bay East ©2021. CCAR ©2021. bridgeMLS ©2021. Information Deemed Reliable But Not Guaranteed. This information is being provided by the Bay East MLS, or CCAR MLS, or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website. This information is intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated at 2021-12-06T11:38:32.18.

 
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