Walnut Creek, CA 94596,1414 Oakland Blvd
Listed by Richard Martini • Colliers International
Bought with Richard Martini • Colliers International

$3,455,000

$3,480,000

0.7%
Est.Price: ?

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Est. payment /mo

6,194 SqFt


SOLD DATE : 12/23/2021

Key Details

Sold Price $3,455,000

Property Type Commercial

Sub Type 5 or More Units

Listing Status Sold

Purchase Type For Sale

Square Footage 6,194 sqft

Price per Sqft $557

MLS Listing ID 40965460

Sold Date 12/23/21

HOA Y/N No

Originating Board BAY EAST

Year Built 1969

Lot Size 9,350 Sqft

Property Description

Oak Terrace Apartments is an 8-unit apartment property situated on a .21AC parcel and includes a mix of all 2 bedroom/1 bath units that average +-770 SF each. Over $375k in int. and ext. capital improvements completed. Four floor plans with slight variations within each encompass the eight total units. All unit interiors have been substantially renovated and include such upgrades as new kitchen cabinets, quartz countertops, stainless steel appliances, wood flooring, bath vanities, shower/tub surrounds, raised panel interior doors and new lighting throughout. Significant exterior improvements, incl. new stucco siding, vinyl windows, new handrails and entry doors & new paint. Over $4,900 in add. annual income from RUBS. In place rents average $2,392/month. Turn-key property perfect for 1031 exchange.

Location

State CA

County Contra Costa

Interior

Heating Wall Furnace

Cooling Wall/Window Unit(s)

Flooring Vinyl, Carpet

Fireplace No

Window Features Window Coverings

Appliance Dishwasher, Disposal, Microwave, Refrigerator, Gas Water Heater

Laundry Common Area, Laundry Room, Laundry Equip - Leased

Building

Lot Description Irregular Lot

Water Public

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Bay East AOR and Contra Costa AOR

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agent
Paul LeJoy

Broker-Owner | Lic# 01467744

+1(510) 299-0093

34906 Newark Blvd, Newark, CA

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