107 Catron Dr, Oakland, California 94603, Oakland, 94603 - bed, bath
ACTIVE$799,000
107 Catron Dr, Oakland, California 94603
0Bed
0Bath
Sqft
5,359Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Strong Income Potential: As a fourplex with a 9.26 GRM and low expenses, this property offers excellent rental income potential, further boosted by two vacant units (one newly remodeled) ready for immediate occupancy or rental.
Top Cons:
Age of Property: Built in 1963, the property's age, despite recent cosmetic upgrades, may indicate potential for older underlying infrastructure or systems that could require future maintenance or replacement.
Compared to the nearby listings
Price:$799.0K vs avg $690.0K (+$109,000)57%
Size: sqft vs avg sqft50%
Price/sqft:$0 vs avg $050%
More Insights
Built in 1963 (62 years old).
Condition: Despite being built in 1963, the property has undergone extensive and recent renovations, as indicated by the 'newly remodeled' and 'upgraded units' in the description. The images showcase modern kitchens with white shaker cabinets and contemporary countertops, fully renovated bathrooms with new fixtures and stylish tiling, new laminate wood-look flooring throughout, fresh paint, and modern flush-mount lighting. The exterior also benefits from fresh paint and dual-pane windows. These comprehensive updates bring the condition of the units to a virtually new standard, meeting current quality expectations.
Year Built
1963
Close
-
List price
$799K
Original List price
$799K
Price/Sqft
$0
HOA
-
Days on market
-
Sold On
-
MLS number
41109986
Home ConditionExcellent
Features
View-
About this home
Welcome to 107 Catron, a well-maintained fourplex offering excellent rental income potential, nestled in a peaceful cul-de-sac right next to picturesque Sobrante Park. Boasting a 9.26 GRM and low expenses, this investment or owner-occupant opportunity comprises two spacious 2-bedroom, 1-bath units and two cozy 1-bedroom, 1-bath units, with one VACANT, newly remodeled 1-bedroom unit ready for immediate rental and another 2-bedroom unit delivered VACANT. 4+ off street parking spots offer an opportunity for additional income. The property features fresh exterior paint, dual pane windows, and upgraded units, promising low maintenance exepnses for years to come, while the location offers swift access to I-880, I-238, and I-92 for easy commuting. Just a stone's throw from San Leandro and its BART station, you'll also enjoy proximity to the airport and the vibrant Oakland Coliseum, making it a prime spot for tenants or owners seeking convenience and connectivity.
Nearby schools
3/10
Madison Park Academy Tk-5
Public,•K-5•0.1mi
3/10
Brookfield Elementary School
Public,•K-5•0.9mi
6/10
Wilson Elementary School
Public,•K-5•1.0mi
5/10
John Muir Middle School
Public,•6-8•1.0mi
3/10
Madison Park Academy 6-12
Public,•6-12•0.2mi
5/10
San Leandro High School
Public,•9-12•2.0mi
1/10
Castlemont High
Public,•9-12•2.4mi
2/10
Fremont High
Public,•9-12•3.8mi
2/10
Oakland International High School
Public,•9-12•8.7mi
Condition Rating
Excellent
Despite being built in 1963, the property has undergone extensive and recent renovations, as indicated by the 'newly remodeled' and 'upgraded units' in the description. The images showcase modern kitchens with white shaker cabinets and contemporary countertops, fully renovated bathrooms with new fixtures and stylish tiling, new laminate wood-look flooring throughout, fresh paint, and modern flush-mount lighting. The exterior also benefits from fresh paint and dual-pane windows. These comprehensive updates bring the condition of the units to a virtually new standard, meeting current quality expectations.
Pros & Cons
Pros
Strong Income Potential: As a fourplex with a 9.26 GRM and low expenses, this property offers excellent rental income potential, further boosted by two vacant units (one newly remodeled) ready for immediate occupancy or rental.
Recent Upgrades & Low Maintenance: The property features fresh exterior paint, dual pane windows, and upgraded units, promising reduced maintenance expenses for years to come.
Strategic Location & Accessibility: The location provides swift access to major freeways (I-880, I-238, I-92), proximity to San Leandro BART station, the airport, and Oakland Coliseum, enhancing tenant appeal and convenience.
Ample Off-Street Parking: With 4+ off-street parking spots, the property offers a valuable amenity for tenants and potential for additional income generation.
Peaceful Neighborhood Setting: Nestled in a peaceful cul-de-sac right next to picturesque Sobrante Park, the property offers a desirable and quiet living environment.
Cons
Age of Property: Built in 1963, the property's age, despite recent cosmetic upgrades, may indicate potential for older underlying infrastructure or systems that could require future maintenance or replacement.
Inconsistent School Ratings: The surrounding area includes schools with a range of ratings, from 1 to 6, which might be a consideration for families prioritizing consistently high-performing educational options.
Limited Specifics on Unit Modernization: While 'upgraded units' are mentioned, only one 1-bedroom unit is explicitly described as 'newly remodeled,' suggesting other units might not be fully modernized and could require further capital investment.