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498 Capital St, Oakland, CA 94610
--
bed
--
bath
· 4070
ft2 lot
$1,725,000
Listing provided courtesy of LOUIS KWOK, MARCUS & MILLICHAP.
Source CRMLS.
Located in the sought after Cleveland Heights neighborhood, this building consists of four 1 bedroom/ 1 bathroom units and a large 3 bedroom / 2 bathroom unit. The property sits on top of 5 covered garage parking spaces as well as a large crawl space that provides investors the opportunity to build out a 6th Accessory Dwelling Unit. Amenities include on-site laundry, dishwasher and balconies for some of the units, and amazing views of the surrounding area. This is a rare opportunity to own a beautiful multifamily property in one of Oakland’s most desirable neighborhoods and strongest rental markets.
HOA
$—/month
On market
9 months
Year built
1960
Property type
Multi-Family
Parking
MLS
40915175
Price / Sq.Ft.
ft2
Status
Active
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Flyhomes Cash Offer
Based on a price of $1,725,000
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Negotiating Power:
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Property Details
Interior Features & Layout
Heating & Cooling
•   
Has Heating
•   
Heating Details: See Remarks
•   
Cooling Details: See Remarks
Property, Lot, Community & Exterior Features
Lot Info
•   
Lot Features: Sloped Down
•   
Lot Size Acres: 0.0900
•   
Lot Size Area: 4070.0000
•   
Lot Size Units: Square Feet
Community Info
•   
Total Units: 5
Building Info
•   
Construction Materials: See Remarks
Listing Details, Costs & Financing Information
Financial Info
•   
Tax Annual Amount: 0.00
•   
Other Expense: 0.00
•   
Professional Management Expense: 0.00
•   
Gross Scheduled Income: 0.00
Lease Info
•   
Net Operating Income: 73117.00
Tax/Assessment Info
•   
Tax Year: 2020
•   
Taxes: 5630.0
Listing Info
•   
Status: Active
School Neighborhood & Directions
Location
•   
Directions: Next to Lake Merritt Cross Street: Merritt Ave.
Other
Calculation
•   
Dom: 59
•   
Cdom: 59
The information contained in this listing has not been verified by Flyhomes and should be verified by the buyer.

Data last updated: May 14, 2021 3:45pm
Neighborhood snapshot
52
Properties for sale
13
Median days on market
$687.18
Median sold price/sqft
114.40%
Sold/List %
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Property History
05/14/2021
05/14/2021
CRMLS #40949954
active
CRMLS #40949954
$1,500,000
--13.04%
08/03/2020
08/03/2020
CRMLS #40915175
active
CRMLS #40915175
$1,725,000
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