570 Boden Way, Oakland, CA 94610 - 40900650 - iPro Real Estate
iPro Real Estate

iPro Real Estate

570 Boden Way
Oakland, CA 94610

Sold, Multi-Family/Income Sale

For Sale

$4,225,000 $366.03 per sqft

Free Professional CMA

Listing ID : EB40900650

  • Structure / Lot Size

    12,294 Sqft / 0.3200 Acre
  • Year

    1960

Description

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 
Number of Units: 9 
Parking Spaces: 14 
Property Type: Commercial Sale 
Roof: Rolled Composition 
Sewer: Sewer - Public 
Sub Type: Five or More Units 
Water: Heater - Gas 

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Interactive

37.807922 -122.247894 $4,500,000 40900650
570 Boden Way, Oakland, CA 94610
Directions to here from:

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.

The data relating to real estate for sale on this display comes in part from the Internet Data Exchange program of the MLSListingsTM MLS system. Real estate listings held by brokerage firms other than iPro Real Estate are marked with the Internet Data Exchange icon (a stylized house inside a circle) and detailed information about them includes the names of the listing brokers and listing agents. 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. ©2022 MLSListings Inc. All rights reserved. Data updated approximately every 30 minutes