425 63rd ST new Save Request In-Person Tour Request Virtual Tour
Oakland,CA 94609
Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Active
Purchase Type For Sale
Square Footage 2,582 sqft
Price per Sqft $542
MLS Listing ID ML81984653
Bedrooms 5
Full Baths 4
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
Area Oakland Zip Code 94609
Zoning RM-1
Interior
Heating Central Forced Air - Gas,Electric,Floor Furnace ,Other
Cooling None
Flooring Hardwood,Tile,Vinyl / Linoleum,Other
Laundry Coin Operated
Exterior
Garage Common Parking Area,Detached Garage,Guest / Visitor Parking,Off-Street Parking,On Street,Room for Oversized Vehicle
Garage Spaces 3.0
Utilities Available Individual Electric Meters,Individual Gas Meters,Natural Gas,Public Utilities
Roof Type Composition,Other
Building
Story 2
Foundation Post and Beam,Reinforced Concrete,Other
Sewer Sewer - Public
Water Public
Others
Special Listing Condition Court Confirmation May Be Required