Homes for sale - 808 61St St, Oakland, CA 94608

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Dave Lucas

david.lucas@cbrealty.com +1(831) 884-3521

Listed by Joey Wang • Keller Williams Realty

$ 825,000

Est. payment | -/mo

6 Beds

4 Baths

3,262 SqFt

Save

$ 825,000

Est. payment | -/mo

Save

6 Beds

4 Baths

3,262 SqFt

Key Details

Property Type Multi-Family, Commercial

Sub Type Five or More Units

Listing Status Active

Purchase Type For Sale

Square Footage 3,262 sqft

Price per Sqft $252

MLS Listing ID EB41109999

Bedrooms 6

Year Built 1922

Lot Size 4,500 Sqft

Property Sub-Type Five or More Units

Source Bridge MLS

Property Description

Five-unit fixer with serious upside in North Oakland's Santa Fe neighborhood. 808 61st St is offered at just $825,000 and includes a fourplex (facing 61st) and one unit over garage (facing MLK Jr Way) totaling 3,262 sq ft on a 4,500 sq ft lot. Unit mix includes studios, 1BDs, 2BDs, and a 3BD layout-perfect for future rent optimization. Four of the five units are currently not paying rent, creating a rare value-add opportunity for investors with vision and fortitude. Once stabilized at market rents, the projected CAP rate is approximately 10%. Located near Ashby BART, UCSF Benioff Children's Hospital, and Temescal, with a 96 Walk Score and 98 Bike Score. A rare sub-$1M multifamily play in a high-demand location.

Location

State CA

County Alameda

Area Oakland Zip Code 94608

Interior

Heating Gas, Wall Furnace , Electric

Cooling Ceiling Fan

Flooring Tile, Vinyl, Hardwood

Laundry Gas Hookup, Hookup - Washer/Dryer , Washer, Community Facility, Dryer

Exterior

Exterior Feature Aluminum Siding, Stucco, Wood Frame

Parking Features Detached Garage, Spaces per Unit - 1

Garage Spaces 5.0

Roof Type Tar and Gravel,Composition

Building

Lot Description Grade - Level

Water Public

Others

Tax ID 16-1434-4-2

Special Listing Condition New, Not Applicable

GET MORE INFORMATION

Dave Lucas

REALTOR® | Lic# 02092197

david.lucas@cbrealty.com

+1(831) 884-3521

456 Washington St, Monterey, CA, 93940, USA

808 61St St Oakland, CA 94608

Dave Lucas

Key Details

Location

Interior

Exterior

Building

Others

808 61St St