$1,935,000
$2,088,000
7.3%For more information regarding the value of a property, please contact us for a free consultation.
7,405 Sqft Lot
SOLD DATE : 07/15/2020
Key Details
Sold Price $1,935,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 40894246
Sold Date 07/15/20
HOA Y/N No
Year Built 1912
Annual Tax Amount $27,175
Lot Size 7,405 Sqft
Property Description
392 Callan Avenue is on a 7,300 square foot lot and has a total of six units. The unit mix is very desirable and includes Two 1 Bedroom and Four 2 Bedroom units. The units have been renovated with hardwood floors, new cabinets, and appliances. Some units have in unit laundry and plenty of storage space. Additional community amenities include covered parking and new landscaping. The subject property is located just two blocks from San Leandro Plaza and Pelton Shopping center San Leandro's finest dining destinations are all within walking distance. With San Leandro BART located just a half mile away, this is an ideal location for tenants commuting to Downtown Oakland and San Francisco via BART. In place rents are significantly under market while rent growth in the East Bay remains extremely strong 392 Callan Street is an opportunity for investors to acquire a renovated asset and increase rents upon turnover.
Location
State CA
County Alameda
Interior
Heating Natural Gas
Cooling See Remarks
Fireplace No
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Bought with Robert Johnston • Marcus & Millichap
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "