Active

425 63rd Street

Oakland CA, 94609

$1,200,000


$464.76 per sqft

Active

2,582 sqft

Multi-family

Built in 1913

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 currently used as storage, but it is spacious and has huge potential! Maybe fix it up, put on a new door and rent it too? the barn also has a big loft area on its second floor! With a high walkability score and convenient location near restaurants, shops and public transportation, this property is a hidden gem with so much overall potential! The estimated income referenced in the listing is an estimate of potential rents for all 4 units. 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 $657.25 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.

ML81984653

MLS ID

October 23, 2024

Listed

November 21, 2024

Updated

Map

425 63rd Street
Oakland CA, 94609

Interior Features

Laundry Description

Coin Operated


Floor Description

Hardwood, Tile


Fireplace

No


Cooling

Yes


Cooling Description

No Air Conditioning


Heating

Yes


Heating Description

Electric, Forced Air, Other

Exterior/Building Features

Lot Size

0.12 Acres


Roof

Composition Shingles, Other


Sewer

Public Sewer

School Information

School District

Oakland (510) 879-8111

Other Property Details

Area Name

Oakland


Garage

No


View

No


County

Alameda


Water Source

Public


Pool

No


Zoning

RM-1

Listing History

Date

Event

Price

11/11/2024

Price change

$1,200,000

-15%

Listed by Aileen Castillo with Intero Real Estate Services
Listing Contact: 415-894-0454 

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