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Key Details
Sold Price $1,900,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Subdivision Kottinger Park
MLS Listing ID 41008474
Sold Date 10/18/22
Bedrooms 8
Full Baths 4
HOA Y/N No
Year Built 1973
Lot Size 0.257 Acres
Property Description
To access the marketing package | Located in a desirable neighborhood, 1133 Kottinger Dr is too good to overlook. This 4-unit, 3,508 square-foot building unit, easy to maintain is ready for new ownership. The property is situated on a large 11,186 sq. ft. lot with an efficient unit mix of all 2 bedrooms/ 1 bath. Separated meters for electricity and gas, the owner pays for garbage and water. Units have private outdoor space and an upstairs patio. Large units with tremendous upside potential and Unit # 2 delivered VACANT! With 4 carports and 4 additional off-street parking along with shared coined operated laundry makes 1133 Kottinger a perfect opportunity for investors looking for low maintenance and convenience. With the vacant unit at market rate, this 4-Unit building will generate $8,900/month in gross rental income with a total annual income of $106,600. Furthermore, this property provides a potential for gross rent upside by nearly 40%.
Location
State CA
County Alameda
Interior
Heating Wall Furnace
Cooling See Remarks
Flooring See Remarks
Fireplaces Type Electric
Fireplace Yes
Appliance Dryer, Washer
Exterior
Garage Carport
Garage Spaces 4.0
Garage Description 4.0
Pool None
Parking Type Carport
Attached Garage No
Total Parking Spaces 4
Private Pool No
Building
Story Two
Entry Level Two
Sewer Other
Architectural Style Modern
Level or Stories Two
Others
Tax ID 946254659
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Bought with Bert Aranda • Ind Rlty-DeMattei & Assoc