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Jonathan Shaffer

jonathan@shafferrealestategroup.com +1(408) 608-4659

Listed by Travis Raciti • Luxmore Real Estate, DRE#02246639

$ 1,050,000

Est. payment -/mo

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Open Fri 11AM-12PM

808 61st ST Oakland, CA 94609

6 Beds

3 Baths

4,622 SqFt

Open House

Fri Aug 14, 11:00am - 12:00pm

Sun Aug 16, 11:00am - 12:00pm

UPDATED:

Key Details

Property Type Commercial

Sub Type Five or More Units

Listing Status Active

Purchase Type For Sale

Square Footage 4,622 sqft

Price per Sqft $227

MLS Listing ID ML82057123

Bedrooms 6

Full Baths 3

Year Built 1918

Lot Size 5,760 Sqft

Property Sub-Type Five or More Units

Property Description

The 61st is a FULLY VACANT 5 unit apartment community in Emeryville. This asset has (2) buildings on one parcel- a fourplex and a detached 1x1. This rare valued add opportunity has tons of upside and a good unit mix; (1) 3 bed 1 bath, (1) 2 bed 1 bath, (2) 1 bed 1 bath, and (1) Studio. The fourplex has 1x1 and 2x1 downstairs + studio and 3x1 upstairs. The detached 1x1 is on top of 2 garages. Additional income from on-site laundry, assigned parking and garages. Separately metered for Gas + Electric. Potential for infill ADU development under detached 1x1. Rare, fully vacant 9+ Cap in Emeryville near Rockridge + Ashby Bart, Bushrod Park, 24/580 Highway Access. The Berkeley/ Emeryville border presents investors with a compelling submarket convergence thesis and strong long-term appreciation potential.

Location

State CA

County Alameda

Area Oakland Zip Code 94609

Building/Complex Name The 61st

Zoning RM2

Interior

Heating Wall Furnace

Cooling Ceiling Fan

Exterior

Parking Features Assigned Spaces, Detached Garage

Garage Spaces 1.0

Utilities Available Individual Electric Meters, Individual Gas Meters

Roof Type Polyurethane,Tar and Gravel

Building

Foundation Concrete Perimeter

Sewer Sewer - Public

Water Public

Others

Restrictions None

Tax ID 16-1434-4-2

Security Features Closed Circuit Monitoring (24-hour)

Special Listing Condition Not Applicable

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Phone

+1(408) 608-4659

jonathan@shafferrealestategroup.com