Located on a beautiful tree-lined street, this charming property is a wonderful opportunity to own a four-unit income property on the North Oakland/Berkeley border. The 2-story barn is a bonus! Maybe rent it as two garage spaces plus for storage/loft use upstairs? A 3rd garage space in back might also be rented! With a high walkability score and convenient location near restaurants, shops and public transportation, this property is a hidden gem with so much potential! The estimated income referenced in the listing is an estimate of potential rents for all 4 units plus an estimate of potential rents from the 3 garage spaces at $250 per space plus an estimated $250 for the upstairs loft in the barn. The fourplex building includes four units total. Two of the units are currently vacant. The vacant units (427 & 431) include: 1) a spacious two-bedroom one bath unit on the second floor (427) and, 2) a very nice one bedroom one bathroom unit on the first floor (431). There are two other tenant occupied units on the first floor: 1) a lovely one-bedroom unit in front rented for $603 per month; and 2) a studio apartment near the rear rented for $695 per month. We only have estimated expense figures (after initial fixup) not actual. We have a roof, termite and home inspection.
Property Details
Price:
$1,400,000
MLS #:
ML81984653
Status:
Active
Baths:
0
Address:
425 63rd Street
Type:
Residential Income
Subtype:
Quadruplex
Neighborhood:
699notdefined
City:
Oakland
Listed Date:
Oct 23, 2024
State:
CA
ZIP:
94609
Lot Size:
5,150 sqft / 0.12 acres (approx)
Year Built:
1913
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Mortgage Calculator
Schools
Interior
Accessibility Features
None
Cooling
None
Flooring
Wood, Tile
Heating
Electric, Floor Furnace
Exterior
Garage Spaces
3.00
Parking Features
Guest, Off Street
Parking Spots
10.00
Roof
Composition, Other
Sewer
Public Sewer
Stories Total
2
Water Source
Public
Financial
Utilities
Natural Gas Available
Map
Community
- Address425 63rd Street Oakland CA
- Area699 – Not Defined
- CityOakland
- CountyAlameda
- Zip Code94609
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Courtesy of Intero Real Estate Services. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than include the name of the listing broker. Neither the listing company nor shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2024. California Regional Multiple Listing Service. All rights reserved.
425 63rd Street
Oakland, CA
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