808 61st Street, Oakland, CA 94609
- $1,050,000
- List Price
- $1,050,000
- Status
- ACTIVE
- MLS#
- ML82057123
- Year Built
- 1918
- Lot Size
- 5,760
- Acres
- 0.13
- Days on Market
- 0
- Property Type
- Commercial
Property Description
The 61st is a FULLY VACANT 5 unit apartment community in Emeryville. This asset has (2) buildings on one parcel- a fourplex and a detached 1x1. This rare valued add opportunity has tons of upside and a good unit mix; (1) 3 bed 1 bath, (1) 2 bed 1 bath, (2) 1 bed 1 bath, and (1) Studio. The fourplex has 1x1 and 2x1 downstairs + studio and 3x1 upstairs. The detached 1x1 is on top of 2 garages. Additional income from on-site laundry, assigned parking and garages. Separately metered for Gas + Electric. Potential for infill ADU development under detached 1x1. Rare, fully vacant 9+ Cap in Emeryville near Rockridge + Ashby Bart, Bushrod Park, 24/580 Highway Access. The Berkeley/ Emeryville border presents investors with a compelling submarket convergence thesis and strong long-term appreciation potential.
Additional Information
- Taxes
- $13,418
- Heat
- Wall Furnace
- Cooling
- Yes
- Roof
- Tar/Gravel
- Water
- Public
- School District
- Emery Unified
- Attached Structure
- Detached
- Gross Scheduled Income
- $138,060
Listing courtesy of Listing Agent: Travis Raciti (travraciti@gmail.com) from Listing Office: Luxmore Real Estate.
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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.