$1,400,000
425 63rd Street Oakland, CA 94609
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Listed by Aileen Castillo • Intero Real Estate Services
$1,400,000
Est. payment /mo
2,582 SqFt
UPDATED:
10/29/2024 12:53 PM
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 2,582 sqft
Price per Sqft $542
MLS Listing ID ML81984653
HOA Y/N No
Originating Board Datashare MLSListings
Year Built 1913
Lot Size 5,150 Sqft
Property Description
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.
Location
State CA
County Alameda
Interior
Heating Electric, Forced Air, Other
Cooling No Air Conditioning
Flooring Hardwood, Tile
Fireplace No
Laundry Coin Operated
Building
Water Public
Schools
School District Oakland (510) 879-8111, Oakland (510) 879-8111
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