Real Estate Specialist
Mitchell Nikolaou
510 583 0200510 583 0200

1166 Elgin St, SAN LORENZO, CA 94580 (MLS # 40899413)

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PRICE $2,795,000
SIZE n/a
LOT SIZE 16,988 sqft

Fantastic opportunity to own a large 5 unit building featuring 5 large Townhome Style Units! All units are same floor plan or reversed and all feature 3 bedrooms and 2.5 bathrooms. Each unit is approximately 1,492 square feet. Tenants pay Water, Electric and Gas. Annual gross rents are currently $180,000 and could be much more with a rent increase, which is due. The rents were last raised in October of 2017. This building is only 12 years old and is exempt from the new statewide rent control law (AB 1482) until the year 2023.

DAYS ON MARKET 113 LAST UPDATED 5/27/2020
YEAR BUILT 2008 COUNTY Alameda
TOTAL PARKING 18 STATUS Active
PROPERTY TYPE(S) Commercial Multi Units 5+


ADDITIONAL DETAILS
ADDTL FEATURES MISC. None
ALL UNITS HAVE Dishwasher, Disposal, Oven Range Free Standing
AREA San Lorenzo
BASEMENT None
BOARD ID BAY EAST
BUILDING TYPE Townhouse
CITY SAN LORENZO
CLASS COMM RI MULTI-UNITS 5+
COOLING None
COUNTY Alameda
DUAL VARIABLE No
ENERGY SAVING FEATURE Other
EQUIPMENT ADDITIONAL Garage Door Opener, Water Heater Gas
EXISTING LOAN Other
EXTERIOR Dual Pane Windows, Stucco
FINANCIAL DATA SOURCE Projected, Tax Return
FLOORING Carpet, Vinyl
HEATING Forced Air 1 Zone
INTERNET DISPLAY Full Street Address
INTERNET SITES Yes - All Sites
LAUNDRY Inside Unit, Washer/Dryer Hookups
LIST DATE 2020-03-16
LISTING SERVICE Full Service
LISTING TYPE Excl Right
LOT DESCRIPTION Regular
OCPNT REQ 24 HR Yes
ON-SITE PARKING DESC Attached Garage, Guest Parking
OPERATING EXPENSES Electric, Insurance, License/Ads, Maintenance/Repair, Property Tax/Assessments, Trash Removal
POINT OF SALE ORDINANCE No
ROOF Composition Shingles
SEPARATE METERS Electric, Gas, Water
SPECIAL INFORMATION None
STATE CA
STATUS Active
STATUS CATEGORY Active
TENANT PAYS Electric, Gas, Water
UNIT # 1 AIR COND. No
UNIT # 1 DINING ROOM Yes
UNIT # 1 FIREPLACE Yes
UNIT # 1 RANGE OVEN Yes
UNIT # 1 REFRIGERATOR Yes
VOW ADDRESS Yes
VOW AVM Yes
VOW COMMENT Yes
VOW INCLUDE Yes
WATER/SEWER Sewer System - Public, Water - Public

ZESTIMATE
$1713366  1166 Elgin St, SAN LORENZO, CA

RENT ZESTIMATE
$2100 / mo.  1166 Elgin St, SAN LORENZO, CA

64 Somewhat Walkable

SATELLITE VIEW



 
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