2 months on rocket

748 Clara St, Oakland, CA, 94603

$949,000

Home List Price

$10,000*

Closing Credit

0 Baths
3,442 SqFt
$276/SqFt
Multi

Location

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748 Clara St, Oakland$949,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeQuadruplex
Year Built1964
HeatingForced Air
CoolingGas
MLS #ML81983710
Lot Size0.14 Acres
StatusActive

About 748 Clara St

CASH COW with passive Income, which can be increased by $1000 / month legally and immediately. Tenants are long term , hard working Families, Stabilized income is a haul mark feature of the Property. Located in a GOOD neighborhood and CLOSE to FREEWAYS. New exterior Paint. Additional 5th Unit is Built by previous owner and permits are unknown with 3 Beds and 2 Baths. So its a Fifer- five unit property. Property Manager lives in one of the units and is a Licensed Contractor, takes care of the Maintenance of the Property too. And communicates in Spanish with all the tenants all their mother tongue being Spanish . Very matured and hard working Families who pays in time and well behaved too. New owner if they want , can retain the current Property Manager and easily can manage remotely, which is like a Dream come True for busy people. At a fraction of the per square feet price with the Stabilized Income, this property has inbuilt value with average commute times of 35-45 minutes from Bay Area/ Silicon Valley. Send offers , subject to inspection , contingency. Offers as they come. Please DO NOT Disturb Tenants.

Property Details

Property Features

Property Information:

  • Year Built: 1964
  • Stories: 2
  • Living Area: 3,442 SqFt

Listing Office:

  • Office Name: Channel Real Estate Inc
  • Office Phone: (408) 393-4722
  • Listing Agent: Sri Gopireddy

Interior Features

Interior Information:

  • Flooring Type: Laminate

Lot Features

Lot Information:

  • Lot Size: 0.14 Acres

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Gas

Other

Directions Information:

  • Directions: Cross Street: 98TH

Price Information

Listing Price Info

Price Summary:

  • List Price: $949,000
  • Price Per SqFt: $276/SqFt

Tax Information:

  • Annual Amount: $15,159
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Oakland, CA.

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Oakland, CA

City

Med. Sold Price

$850K

Med. Price/SqFt

$587

Avg. Days On Market

42

# of Sold Homes

220

748 Clara St vs Oakland

61 DAYS ON ROCKET

+19 Days

$949,000

+$99K More

$276/SqFt

-$312 Less

KEY TAKEAWAY

This property is $99K more than the Median Sold Price and $312/SqFt less than other homes in Oakland, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #ML81983710

Listing Office:

  • Office Name: Channel Real Estate Inc
  • Office Phone: (408) 393-4722
  • Listing Agent: Sri Gopireddy

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/18/2024, 5:21:14 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jun 30, 2016Home Sold
$600,000
Aug 26, 2014Home Sold
$430,000
Nov 02, 2010Home Sold
$299,000

Tax History

YEARPROP. TAXASSESSMENT
2021$15,159$656,177
2020$15,158$649,451
2019$10,663$636,720
2018$10,153$624,240
2017$10,153$612,000

History based on county public records data.

Payment Calculator

$4,804

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,912

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-50941
1
/10

  • Brookfield Village Elementary

  • 401 Jones Ave

  • 0.45 miles

  • Public District Grades PK-5

school-card-donut-50942
4
/10

  • Fred T. Korematsu Discovery Academy

  • 10315 E St

  • 0.60 miles

  • Public District Grades KG-5

school-card-donut-50943
3
/10

  • Esperanza Elementary School

  • 10315 E St

  • 0.61 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $39,085. The majority of Oakland, CA residents have income between $35k-100k annually. The majority of families are single, no kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›California›Alameda County›Oakland›94603›748 Clara St

This home is located at 748 Clara St in Oakland, CA and zip code 94603 in the Brookfield Village neighborhood. This 3,442 square foot home, which was built in 1964, sits on a 0.14 acre lot. It has been listed on Rocket Homes since October 18, 2024 and is currently priced at $949,000.

In November 2024 more than 122 listings in Oakland, CA were sold above the asking price. During the same period more than 21 listings were sold at asking price, while more than 59 were sold below. In November 2024 in Oakland, CA there were 12.3% less homes for sale than in October 2024. Listings spent 42 days on the market in November 2024, and had a median list price of $850,000 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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