1036 60th Street, Oakland, CA 94608
Two-story 1925 building with four studios and four one-bedrooms on a large corner lot.
- Added:
- Mar 30, 2026
- Days on Market:
- 99
- Last Refresh:
- Jun 27 at 2:08 am
Property Features for 1036 60th Street
General Information
- Standard status
- Active
- Size
- 4,632 SF
- Lot size
- 0.24 Acres
- Property subtype
- Multi Family
Building Details
- Year Built
- 1925
Listing office NAI Northern California (510) 336-4719
Listing date Mar 30, 2026
Source Exitrealty
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of NAI Northern California
HighLights
- Two‑story multifamily built in 1925 with approx. 4,632 SF total building area
- 8‑unit mix: 4 studio units and 4 one‑bedroom units
- Large 10,425 SF corner lot
- Recent improvements include a new roof and main electrical system upgrade
Overview
Situated on a large corner lot, the building’s placement offers prominent positioning within Oakland’s NOBE area. The property is oriented to serve renters drawn from surrounding North Oakland, Berkeley, and Emeryville markets, supported by the area’s established residential context.
For buyers and operators, the asset’s straightforward eight-unit configuration and mix of studios and one-bedrooms can support leasing strategies designed around multiple household types. The corner lot footprint provides additional outdoor space associated with the parcel, while the roof and electrical upgrades reduce near-term building-system concerns. This is a practical option for an investor seeking an income-producing, value-add multifamily building with clear unit count and documented recent improvements.
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $186.2k | $40.20 |
| − Vacancy | −$8.4k | −$1.81 |
| EGI | $177.8k | $38.39 |
| − OpEx | −$80.0k | −$17.28 |
| NOI | $97.8k | $21.12 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Oakland
- County
- Alameda
- State
- California
- Longitude
- -122.2808795
- Latitude
- 37.8436585
