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Listed by NAI Northern California
$ 1,350,000
Est. payment /mo
Active
1036 60th Street Oakland, CA 94608
4,632 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type 5 or More Units
Listing Status Active
Purchase Type For Sale
Square Footage 4,632 sqft
Price per Sqft $291
Subdivision North Oakland
MLS Listing ID 41128186
HOA Y/N No
Year Built 1925
Lot Size 10,420 Sqft
Property Sub-Type 5 or More Units
Source Bridge AOR
Property Description
The property is an eight-unit multifamily investment opportunity located in Oakland's highly desirable NOBE neighborhood. The property consists of a two-story apartment building totaling approximately 4,632 square feet on a large 10,425 square foot corner lot. Originally built in 1925, the property features a desirable unit mix of four (4) studio units and four (4) one-bedroom units, well-positioned to meet strong rental demand from the surrounding North Oakland, Berkeley, and Emeryville markets. Recent capital improvements include a new roof and main electrical system upgrade. With its large parcel size, prominent corner lot positioning, and prime rental location, 1036 60th Street presents a compelling opportunity for investors seeking a value-add multifamily asset in one of the East Bay's most supply-constrained rental markets.
Location
State CA
County Alameda
Interior
Heating Wall Furnace
Cooling None
Flooring Hardwood, Tile, Vinyl, Wood
Fireplace No
Appliance Washer
Building
Lot Description Corner Lot
Water Public