1036 60th Street, Oakland, CA 94608

$1,350,000

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Listed by Timothy Warren, (510) 336-4719 from NAI Northern California
(If provided) CoList: from

List Price
$1,350,000
Price Change
▼ $75,000 1780536651
MLS#
EB41128186
Status
ACTIVE
Lot Size
10,420
Listing Area
Oakland Zip Code 94608
Year Built
1925

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.

Additional Information

Acres
0.24
Cooling System
None
Exterior Features
Stucco
Floor Covering
Tile, Vinyl, Wood, Hardwood
Garage Parking
No Parking
Heating System
Wall Furnace
Laundry Facilities
Washer
Lot Size
10,420
Neighborhood
Oakland Zip Code 94608
Numberof Units
8
Unincorporated Yn
Yes

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