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    61St St Oakland, CA 94608

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    For Sale
    $825,000

    Five-unit property in North Oakland with value-add potential.

    Property size:
    3,262 SF
    Lot size:
    0.10 Acres

    Property Features for 61St St

    General Information

    Standard status
    Active
    Size
    3,262 SF
    Lot size
    0.10 Acres

    Building Details

    Year built
    1922

    Source: KELLER WILLIAMS REALTY Agent JOEY WANG

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Oakland Multifamily Property Opportunity

    Located in North Oakland's Santa Fe neighborhood, this five-unit property at 61st Street offers an opportunity for investors. The building, approximately 3,262 square feet in size, is situated on a roughly 4,500 square foot lot. The property contains a mix of unit types, including studios, one-bedroom, two-bedroom, and a three-bedroom layout. The units are split between a fourplex facing 61st Street and a single unit above the garage on MLK Jr Way. The location is near Ashby BART, UCSF Benioff Children’s Hospital, and the Temescal café scene. The property has a Walk Score of 96 and a Bike Score of 98.
    Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Map

    City
    Oakland
    County
    Alameda
    State
    California
    Longitude
    -122.255205
    Latitude
    37.848258

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    FAQs

    What type of property is this?
    Apartment building - Five-unit property in North Oakland with value-add potential.
    Where is this apartment building located?
    The property is located at 61St St Oakland, CA.
    What is the asking price?
    The asking price for this property is $825,000.
    What are key features of this property?
    This property features: - Excellent Location in North Oakland's Santa Fe neighborhood, close to Ashby BART, UCSF Benioff Children’s Hospital, and Temescal.; - High Walk Score (96) and Bike Score (98) ideal for commuters.; - Value-Add Opportunity priced at $825,000 with potential for increased rental income.
    (925) 934-2900
    Request Owner's contact information
    61St St Oakland, CA 94608
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    Oakland, CA 94608
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    61St St Oakland, CA 94608
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