425 63rd Street
Oakland, CA 94609
2582 sqft | 0.12 acres | #ML81984653
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 currently used as storage, but it is spacious and has huge potential! Maybe fix it up, put on a new door and rent it too? the barn also has a big loft area on its second floor! With a high walkability score and convenient location near restaurants, shops and public transportation, this property is a hidden gem with so much overall potential! The estimated income referenced in the listing is an estimate of potential rents for all 4 units. 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 $657.25 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
- Utility FeaturesNaturalGasAvailable
- Property TypeMulti-Family
- Sewer InformationPublicSewer
- Original List Price$1,400,000
- MLS #ML81984653
- Property SubtypeQuadruplex
- MLS #ML81984653
- CountyAlameda
- Taxes Annual$16,800
- Cost1200000
- Acres0.1182
- Utility SourcePublic
- School DistrictOther
- Square Feet2582
- Year Built1913
- Stories2
- Parking Spaces3
Location
Legal
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Last Updated:Â . Source: CRMLS
Listing Courtesy
Listing Agent: Aileen Castillo (#ML5088394)
Listing Office: Intero Real Estate Services (#ML37148)
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.