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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

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    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.
    (925) 934-2900
    Request Owner's contact information
    808 61St St, Unit OAKLAND 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
    808 61St St, Unit OAKLAND Oakland, CA 94608
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