CA > Oakland
Oakland, CA 94608,808 61St St
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Oakland, CA 94608,808 61St St
Oakland, CA 94608,808 61St St
Oakland, CA 94608,808 61St St
Oakland, CA 94608,808 61St St
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Luis Vasquez

Luis Vasquez

+1(650) 200-8722
Listed by Joey Wang • Keller Williams Realty
$ 825,000
Est. payment /mo
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Active

808 61St St Oakland, CA 94608

6 Beds

4 Baths

3,262 SqFt

UPDATED:

Key Details

Property Type Multi-Family, Commercial

Sub Type Five or More Units

Listing Status Active

Purchase Type For Sale

Square Footage 3,262 sqft

Price per Sqft $252

MLS Listing ID EB41109999

Bedrooms 6

Year Built 1922

Lot Size 4,500 Sqft

Property Sub-Type Five or More Units

Source Bridge MLS

Property Description

Welcome to 808 61st Street-where the location is unbeatable, the bones are solid, and the rent. well, it's mostly a theory at this point. Several units are currently not paying rent, which is either a tragedy or a setup for one of the best-value adds you'll see this year. Priced at just $825,000, this five-unit property is tucked into North Oakland's Santa Fe neighborhood-just minutes to Ashby BART, UCSF Benioff Children's Hospital, and Temescal's café scene. With a 96 Walk Score and 98 BikeScore, this is a commuter's dream and a landlord's "someday soon" payday. The building spans approx. 3,262 sq ft across a ~4,500 sq ft lot, with a mix of unit types: studios, 1BDs, 2BDs, and a 3BD layout-split between a fourplex facing 61st and a single unit above the garage on MLK Jr Way. Once stabilized, the projected CAP is around 10%, offering huge upside for investors with a strong stomach and a game plan. It's not for the faint of heart-but for the bold, this is a rare under-$1M entry into a well-located Oakland asset with long-term gains written all over it.

Location

State CA

County Alameda

Area Oakland Zip Code 94608

Interior

Heating Gas, Wall Furnace , Electric

Cooling Ceiling Fan

Flooring Tile, Vinyl, Hardwood

Laundry Gas Hookup, Hookup - Washer/Dryer , Washer, Community Facility, Dryer

Exterior

Exterior Feature Aluminum Siding, Stucco, Wood Frame

Parking Features Detached Garage, Spaces per Unit - 1

Garage Spaces 5.0

Roof Type Tar and Gravel,Composition

Building

Lot Description Grade - Level

Water Public, Heater - Gas

Others

Tax ID 16-1434-4-2

Special Listing Condition Not Applicable

MLS Listing IDX PLUS
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Luis Vasquez

Luis Vasquez

Agent | License ID: 02083319

+1(650) 200-8722

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808 61St St