808 61st ST, Oakland, CA 94609

$1,050,000
4,622
SqFt

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Listed by Travis Raciti, 925-899-3985 from Luxmore Real Estate
(If provided) CoList: from

List Price
$1,050,000
MLS#
ML82057123
Status
ACTIVE
Sqft. of Residence
4,622
Lot Size
5,760
Listing Area
Oakland Zip Code 94609
Year Built
1918

Property Description

The 61st is a FULLY VACANT 5 unit apartment community in Emeryville. This asset has (2) buildings on one parcel- a fourplex and a detached 1x1. This rare valued add opportunity has tons of upside and a good unit mix; (1) 3 bed 1 bath, (1) 2 bed 1 bath, (2) 1 bed 1 bath, and (1) Studio. The fourplex has 1x1 and 2x1 downstairs + studio and 3x1 upstairs. The detached 1x1 is on top of 2 garages. Additional income from on-site laundry, assigned parking and garages. Separately metered for Gas + Electric. Potential for infill ADU development under detached 1x1. Rare, fully vacant 9+ Cap in Emeryville near Rockridge + Ashby Bart, Bushrod Park, 24/580 Highway Access. The Berkeley/ Emeryville border presents investors with a compelling submarket convergence thesis and strong long-term appreciation potential.

Additional Information

Building Name
The 61st
Cooling System
Ceiling Fan
Foundation
Concrete Perimeter
Garage Parking
Assigned Spaces, Detached Garage
Heating System
Wall Furnace
Living Area
4,622
Lot Size
5,760
Neighborhood
Oakland Zip Code 94609
Other Utilities
Individual Electric Meters, Individual Gas Meters
Roof
Polyurethane, Tar and Gravel
Sewer
Sewer - Public
Unincorporated Yn
Yes
Zoning
RM2

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