$1,400,000
425 63rd ST Oakland, CA 94609
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$1,400,000
Est. payment /mo
2,582 SqFt
New
425 63rd ST Oakland, CA 94609
UPDATED:
10/28/2024 08:45 PM
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 2,582 sqft
Price per Sqft $542
MLS Listing ID ML81984653
HOA Y/N No
Year Built 1913
Annual Tax Amount $16,800
Lot Size 5,148 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 699 - Not Defined
Zoning RM-1
Interior
Heating Electric, Floor Furnace
Cooling None
Flooring Tile, Wood
Fireplace No
Exterior
Garage Guest, Off Street
Garage Spaces 3.0
Garage Description 3.0
Utilities Available Natural Gas Available
View Y/N No
Roof Type Composition,Other
Accessibility None
Parking Type Guest, Off Street
Total Parking Spaces 10
Building
Story 2
Sewer Public Sewer
Water Public
Schools
School District Other
Others
Tax ID 016139203602
Listed by Aileen Castillo • Intero Real Estate Services
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