$1,200,000
For Sale

425 63rd Street

Oakland, CA 94609
2582 sqft | 0.12 acres | #ML81984653
Listing OfficeIntero Real Estate Services
Browse 132 photos
Type:Multi-Family
Structure:4 Family
Zone:Residential

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 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.

  • Property Details
      • Utility FeaturesNaturalGasAvailable
      • Property TypeMulti-Family
      • Sewer InformationPublicSewer
      • Original List Price$1,400,000
      • MLS #ML81984653
      • Property SubtypeQuadruplex
      • MLS #ML81984653
      • CountyAlameda
      • Taxes Annual$16,800
      • Cost1200000
      • Acres0.1182
      • Utility SourcePublic
      • School DistrictOther
      • Square Feet2582
      • Year Built1913
      • Stories2
      • Parking Spaces3

Location

Jessie Espinosa | Century 21 Select Real Estate, TurlockReal Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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