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$ 895,000
Est. payment | /mo
10 Beds
2,916 SqFt
$ 895,000
Est. payment | /mo
10 Beds
2,916 SqFt
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 2,916 sqft
Price per Sqft $306
Subdivision Elmhurst
MLS Listing ID 41137423
Bedrooms 10
HOA Y/N No
Year Built 1943
Lot Size 4,000 Sqft
Acres 0.09
Property Sub-Type Quadruplex
Property Description
978 75th Ave delivers stabilized income at $895,000. Fully occupied four-unit building — two 3BR/1BA and two 2BR/1BA — with $117,660 in annualized gross income and a proforma NOI of $76,073. Three units on active HACA HAP contracts with ~$8,055/month in combined HAP payments. Separate gas and electric meters for all four units; tenants pay their own utilities. Updated kitchens with quartz countertops and shaker cabinets. New LVP flooring and fresh paint throughout accessible units. Individual Rheem tankless water heaters per unit (2019). Four on-site parking spaces, one per unit. One block from I-880 access; under a mile to Coliseum BART. At $307/SF and $223,750/unit, the numbers work today — and market rents point to 9.5% at turnover.
Location
State CA
County Alameda
Zoning CIX-2
Rooms
Basement None
Interior
Heating Natural Gas, Wall Furnace
Cooling No Air Conditioning
Flooring Tile, Vinyl
Fireplace No
Laundry In Unit
Exterior
Exterior Feature Yard Space
Utilities Available Individual Electric Meter, Individual Gas Meter
Building
Lot Description Corner Lot, Level, Paved
Sewer Public Sewer
Water Public
New Construction No
Others
Tax ID 41415715
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Listed by Joey Wang • Keller Williams Realty
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