1051 61St St, Oakland, CA 94608
- $1,300,000
- 5
- BD
- 2,336
- SqFt
Listed by Giuseppe Zumbo, (510) 331-5153 from Corcoran Icon Properties
(If provided) CoList: from
Sold listing courtesy of Giuseppe Zumbo from
- Sold Price
- $1,300,000
- List Price
- $1,295,000
- Closing Date
- May 03, 2024
- MLS#
- EB41056200
- Status
- SOLD
- Sqft. of Residence
- 2,336
- Lot Size
- 7,368
- Listing Area
- Oakland Zip Code 94608
Property Description
1051-1055 61st Street is an incredibly rare opportunity to acquire a well maintained "NOBE" Fourplex with currently (two) Vacant Unit's plus a Vacant detached office space & full bath Boasting 2,336±SF of living space features desirable unit mix of (3) 1BD/BA; (1) 2BD/1BA. In addition, the detached office space is tucked away in the rear of the property portioned behind automatic gate opener for maximum privacy. This massive 7,368±SF Lot can accommodate 11-parking space or is prime for potential ADU development. Water, gas & electric is separately metered including a fifth electric building meter. Projected Rental Income over 90K±/annually (5.21%± Cap Rate, 14.39± GRM) with add value opportunity & over 100K± in capital improvements. Neighboring development adds style & sophistication to this trending neighborhood. Get your daily exercise along the Emeryville Greenway that extends from Berkeley 9th St Bike Blvd to Horton St, to Mandela Parkway. WalkScore of 91, BikeScore of 87. Minutes to Ashby BART Station, downtown Berkeley, Oakland & San Francisco Bay Bridge. Centrally located near I-580/80. Access throughout the Bay Area makes "NOBE" the heart of the proper EastBay & one of the City's most desirable submarkets.
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Additional Information
- Acres
- 0.17
- Age
- 73
- Amenities
- None
- Cooling System
- Air Conditioning - None
- Days On Market
- Unknown
- Exterior Features
- Stucco
- Floor Covering
- Linoleum, Carpet - Partial, Wood
- Garage Parking
- Off-Street Parking, RV/Boat Parking
- Heating System
- Wall Furnace
- Living Area
- 2,336
- Lot Description
- Regular
- Lot Size
- 7,368
- Neighborhood
- Oakland Zip Code 94608
- Numberof Units
- 4
- Roof
- Tar and Gravel
- Sewer
- Sewer - Public
- Unincorporated Yn
- Yes
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