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808 61St St, Unit OAKLAND Oakland, CA 94608

For Sale
$825,000

Value-add opportunity in North Oakland's Santa Fe neighborhood.

Property size:
3,262 SF

Property Features for 808 61St St

General Information

Standard status
Active
Size
3,262 SF

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

Five-Unit Fixer Upper in Oakland

Located in North Oakland's Santa Fe neighborhood, this five-unit property at 808 61st St presents a value-add opportunity. The property includes a fourplex facing 61st Street and a single unit above the garage facing MLK Jr Way. The total building size is 3,262 square feet, situated on a 4,500 square foot lot. The unit mix includes studios, one-bedroom, two-bedroom, and a three-bedroom layout. Four of the five units are currently not paying rent. The property is located near Ashby BART, UCSF Benioff Children’s Hospital, and Temescal, with a 96 Walk Score and 98 Bike Score.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Oakland
County
Alameda
State
California
Longitude
-122.2713659
Latitude
37.8461967

FAQs

What type of property is this?
Apartment building - Value-add opportunity in North Oakland's Santa Fe neighborhood.
Where is this apartment building located?
The property is located at 808 61St St, Unit OAKLAND 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: - Value-add opportunity with four of five units currently vacant, allowing for immediate rent optimization.; - Projected 10% CAP rate once stabilized at market rents.; - Located in a high-demand North Oakland location (Santa Fe neighborhood) near Ashby BART, UCSF Benioff Children’s Hospital, and Temescal.
More about this property
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