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SOLD 12/28/2020
570 Boden Way, Oakland, CA 94610
--
bed
--
bath
· 14000
ft2 lot
$4,225,000
Listing provided courtesy of Listing Broker: TIMOTHY WARREN, JOSEPH M. TAPIA, BROKER.
Source CRMLS.
We are pleased to present 570 Boden Way, a nine-unit multifamily property located just steps from Lake Merritt. The property consists of nine (9) 2 bedroom / 2 bathroom units averaging over 1,200 square feet each. The building sits above 14 garage spaces, increasing the desirability for tenants and offering the owner an additional revenue source. The property offers on-site laundry, tenant storage lockers, and balconies with sweeping views of Lake Merritt, Grand Lake Theater, and Downtown Oakland. This is truly a rare pride of ownership asset in an A+ location. Situated just blocks from both Lakeshore Avenue and Grand Avenue, the location allows tenants the convenience of Trader Joe's, Starbucks Coffee and various cafes and shops all within walking distance.
HOA
$—/month
On market
7 months
Year built
1960
Property type
Multi-Family
Parking
MLS
40900650
Price / Sq.Ft.
ft2
Status
Closed
Flyhomes Cash Offer
Based on a price of $4,500,000
Rebate:
Cash Offer Costs:
Net Rebate:
Negotiating Power:
Flyhomes Cash Offer
$0
$0
+$875/day
$0
Best
Flyhomes Guaranteed Offer
$22,500
- -
$22,500
Better
Discount Brokerage
$17,950
not offered
$17,950
Average
Traditional Brokerage
$0
not offered
$0
Variable
Legal Disclaimer: The Savings Calculator is intended for planning and educational purposes only, and should not be solely relied upon in your decision to participate in Flyhomes’ Cash Offer or other programs.Read more
Property Details
Interior Features & Layout
Appliances
•   
Appliances: Gas Water Heater
•   
Has Appliances
Heating & Cooling
•   
Has Heating
•   
Heating Details: Forced Air
Property, Lot, Community & Exterior Features
Lot Info
•   
Lot Features: Up Slope from Street
•   
Lot Size Acres: 0.3200
•   
Lot Size Area: 14000.0000
•   
Lot Size Units: Square Feet
Building Info
•   
Roof: Composition
•   
Construction Materials: Stucco, Wood Siding
Community Info
•   
Total Units: 9
Listing Details, Costs & Financing Information
Financial Info
•   
Tenant Pays: Gas
•   
Tax Annual Amount: 61596.00
•   
Other Expense: 8087.00
•   
Cap Rate: 4.61
•   
Professional Management Expense: 12549.00
•   
Gross Scheduled Income: 323448.00
Lease Info
•   
Net Operating Income: 207337.00
Tax/Assessment Info
•   
Tax Year: 2020
•   
Taxes: 30221.0
Listing Info
•   
Status: Closed
School Neighborhood & Directions
Location
•   
Directions: Boden Way Cross Street: Lakeshore Ave.
Other
Calculation
•   
Dom: 223
•   
Cdom: 223
The information contained in this listing has not been verified by Flyhomes and should be verified by the buyer.

Data last updated: May 12, 2021 10:08pm
Neighborhood snapshot
55
Properties for sale
13
Median days on market
$684.35
Median sold price/sqft
114.20%
Sold/List %
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Property History
12/28/2020
12/28/2020
Public Record
sold
Public Record
$4,225,000
--6.11%
12/28/2020
12/28/2020
CRMLS #40900650
sold
CRMLS #40900650
$4,500,000
11/10/2020
11/10/2020
CRMLS #40900650
pending
CRMLS #40900650
$4,500,000
04/01/2020
04/01/2020
CRMLS #40900650
active
CRMLS #40900650
$4,500,000
+200.00%
01/19/2007
01/19/2007
Public Record
sold
Public Record
$1,500,000
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