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Listed by Timothy Warren • NAI Northern California
$ 1,350,000
Est. payment | /mo
4,632 SqFt
$ 1,350,000
Est. payment | /mo
4,632 SqFt
Key Details
Property Type Commercial
Sub Type 5 or More Units
Listing Status Active
Purchase Type For Sale
Square Footage 4,632 sqft
Price per Sqft $291
Subdivision North Oakland
MLS Listing ID 41128186
HOA Y/N No
Year Built 1925
Lot Size 10,420 Sqft
Property Sub-Type 5 or More Units
Source Bridge AOR
Property Description
The property is an eight-unit multifamily investment opportunity located in Oakland's highly desirable NOBE neighborhood. The property consists of a two-story apartment building totaling approximately 4,632 square feet on a large 10,425 square foot corner lot. Originally built in 1925, the property features a desirable unit mix of four (4) studio units and four (4) one-bedroom units, well-positioned to meet strong rental demand from the surrounding North Oakland, Berkeley, and Emeryville markets. Recent capital improvements include a new roof and main electrical system upgrade. With its large parcel size, prominent corner lot positioning, and prime rental location, 1036 60th Street presents a compelling opportunity for investors seeking a value-add multifamily asset in one of the East Bay's most supply-constrained rental markets.
Location
State CA
County Alameda
Interior
Heating Wall Furnace
Cooling None
Flooring Hardwood, Tile, Vinyl, Wood
Fireplace No
Appliance Washer
Building
Lot Description Corner Lot
Water Public
Others
Special Listing Condition Standard
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