$1,400,000
For Sale

425 63rd Street

Oakland, CA 94609
2582 sqft | 0.12 acres | #ML81984653
Listing OfficeIntero Real Estate Services
Browse 80 photos
Type:Multi-Family
Structure:4 Family
Zone:Residential

Description

Located on a beautiful tree-lined street, this charming property is a wonderful opportunity to own a four-unit income property on the North Oakland/Berkeley border. The 2-story barn is a bonus! Maybe rent it as two garage spaces plus for storage/loft use upstairs? A 3rd garage space in back might also be rented! With a high walkability score and convenient location near restaurants, shops and public transportation, this property is a hidden gem with so much potential! The estimated income referenced in the listing is an estimate of potential rents for all 4 units plus an estimate of potential rents from the 3 garage spaces at $250 per space plus an estimated $250 for the upstairs loft in the barn. The fourplex building includes four units total. Two of the units are currently vacant. The vacant units (427 & 431) include: 1) a spacious two-bedroom one bath unit on the second floor (427) and, 2) a very nice one bedroom one bathroom unit on the first floor (431). There are two other tenant occupied units on the first floor: 1) a lovely one-bedroom unit in front rented for $603 per month; and 2) a studio apartment near the rear rented for $695 per month. We only have estimated expense figures (after initial fixup) not actual. We have a roof, termite and home inspection.

  • Property Details
      • Stories2
    • Measurements
      • Acres0.1182
      • Square Feet2582
    • Parking
      • Parking Spaces3
  • Construction Details
      • Property TypeMulti-Family
    • Condition
      • Year Built1913
  • Utilities / Energy Details
      • Utility FeaturesNaturalGasAvailable
      • Sewer InformationPublicSewer
      • Utility SourcePublic
  • Community and Neighborhood Details
      • CountyAlameda
      • School DistrictOther
  • Financial Details
      • Original List Price$1,400,000
      • Taxes Annual$16,800
  • Other
      • MLS #ML81984653

Location

Amber RomoReal Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
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