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.
Details
Type:
Multi-Family/Income Sale
Subdivision: Oakland Zip Code 94610
County: Alameda
Security Features: Fire System - Sprinkler
Tax ID: 23-419-19-3
Annual Taxes: $61,596
Building Size: 12,294 SqFt
Cap Rate: 4.61%
Amenities: Balcony/Patio, Elevator(s)/Lift(s)
Cooling: Central -1 Zone
Flooring: Hardwood
Heating: Forced Air
Laundry: Laundry Facility - Coin-Op, Community Facility
570 Boden Way, Oakland, CA 94610
Directions to here from: 155 mi
Area Information 94610
Population:
32,677 Up .09% since 2010
Average Income:
$143,188
Average Age:
41Years
Gender:
46.57%Male 53.43%Female
Households:
17,17116.93% with children
Average Value:
$1,516,071
Occupancy:
35.44%Owned 64.56%Rented 6.2%Vacant
Education:
7.04%High School 5.26%Associate 36.02%Bachelor 32.79%Graduate
Average Residency:
18Years
Crime Rate:
Average
Annual Rainfall:
22.3Inches
Earthquake Risk:
Very High
Ozone Risk:
Average
Pollution Risk:
Average
Tornado Risk:
Very Low
History
Date
Transaction
Price
Mortgage Amt & Lender
Date
Feb 25, 2021
Transaction
Sold - Commercial Multi-Residential (5+ units)EB40900650
Price
$4,225,000
Mortgage Amt & Lender
-
-
Mortgage Calculator
Listed by TIMOTHY WARREN with JOSEPH M. TAPIA, BROKER
Based on information from the MLSListings MLS) as of 1/22/2022. 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. Properties may or may not be listed by the office/agent presenting the information.
