Listing ID: 40959361
Price: $1,375,000
Price/SqFt: $326.00
Status: Pending Show for Backups
Address: 4303 Rilea Way
City: OAKLAND
State: California
Postal Code: 94605
SqFt: 4,217
Acres: 0.170
County: Alameda
OAKLAND
CA
94605
Rarely available Oakland Hills 4plex located in the Oak Knoll/Sequoyah Hills area. The units have been updated over time and each has it's own covered garage and storage. Desirable rental area that is close to freeways and is a short drive to the Oakland Airport. Located near the planned Oak Knoll development (www.oakknolldevelopment.com).

Primary Features

County: Alameda
Price/SqFt: 326
Property Sub Type: FOURPLEX
Property Type: Residential Income
Year Built: 1968

Interior

Additional Equipment: Fire Alarm System, Carbon Mon Detector, Window Security Bars, All Public Utilities
Basement: None
Cooling: No Air Conditioning
Flooring: Laminate, Linoleum, Carpet
Heating: Central
Laundry: 220 Volt Outlet, Coin Operated, Community Facility, Dryer, In Laundry Room, Washer
Unit Features: Deck, Dishwasher, Disposal, Updated Baths, Updated Kitchen

External

Exterior: Stucco, Wood Skirt
Lot SqFt Aproximate: 7402
Parking Description: Attached Garage, Enclosed Garage, Garage Parking, Space Per Unit - 1, Garage Facing Front, On Street
Roof: Composition Shingles
Solar: None
Total Parking Spaces: 4
Water/Sewer: Sewer System - Public, Water - Public, Sewer Connected
Yard Description: Front Yard, Back Yard Fence, Low Maintenance, Storage Area

Location

Area: Oakland Zip Code 94605
Cross Street: Keller
Elementary School District: Oakland (510) 879-8111
Lot Description: Corner, Down Slope, Regular, Front Yard, Landscape Front

Additional

Accessibility Features: Disabled Bath Feat
Additional Miscellaneous Features: Balcony/Patio, Cable TV, Wired For, Greenbelt, Storage Area(s), Tub w/Shower Over
Age: 53
Board ID: Bridge AOR
Cumulative DOMLS: 34
Disclosures: Nat Hazard Disclosure
DOMLS: 34
Inspection Reports: Home, Structural Pest Control, Roof, Sewer Lateral Test
Net Operating Income: 92511
Point of Sale Ordinance: yes
Possession: COE, Tenant's Rights
Sale/Rent: For Sale
Separate Meters: Electric, Gas
Some Units Include: Deck, Dishwasher, Disposal, Fireplaces, Updated Baths, Updated Kitchen
Source: Public Records
Total Units: 4

Financial

Annual Expense Year: 2020
Annual Gross Fee Income: 129850
Annual Gross Scheduled Income: 125962
Annual Insurance Expense: 2772
Annual Maintenance Expense: 7900
Annual Miscellaneous Income: 250
Annual Rental Income: 129600
Annual Taxes: 16250
Annual Total Operating Expense: 17201
Annual Utility Expense: 5688
Annual Vacancy Expense: 3888
City Transfer Tax: yes
Existing Lease Terms: Building Vacant, Month to Month, Security Deposit
Financial Data Source: Owner
Gross Operating Actual Income: 129600
Operating Expenses: Garbage Collection, Insurance, Maintenance/Repair, Water
Other Annual Expense: 7900
School District: Oakland (510) 879-8111
Special Information: None
Tenant Pays: Cable TV, Electric, Gas
Terms: Cash, 1031 Exchange
Total Deposits: 1000

Zoning Info


Listing courtesy of Susan Robinson, WINKLER REAL ESTATE GROUP
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Contact - Listing ID 40959361

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Winkler Real Estate Group

1215 Solano Avenue
Albany, CA 94706
Phone: 510-528-2200
Phone Alt: 510-528-5810
Fax: 510-528-2100

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