1051-1055 61st Street is an incredibly rare opportunity to acquire a well maintained “NOBE” Fourplex with currently (two) Vacant Unit’s plus a Vacant detached office space & full bath Boasting 2,336±SF of living space features desirable unit mix of (3) 1BD/BA; (1) 2BD/1BA. In addition, the detached office space is tucked away in the rear of the property portioned behind automatic gate opener for maximum privacy. This massive 7,368±SF Lot can accommodate 11-parking space or is prime for potential ADU development. Water, gas & electric is separately metered including a fifth electric building meter. Projected Rental Income over 90K±/annually (5.21%± Cap Rate, 14.39± GRM) with add value opportunity & over 100K± in capital improvements. Neighboring development adds style & sophistication to this trending neighborhood. Get your daily exercise along the Emeryville Greenway that extends from Berkeley 9th St Bike Blvd to Horton St, to Mandela Parkway. WalkScore of 91, BikeScore of 87. Minutes to Ashby BART Station, downtown Berkeley, Oakland & San Francisco Bay Bridge. Centrally located near I-580/80. Access throughout the Bay Area makes “NOBE” the heart of the proper EastBay & one of the City’s most desirable submarkets.
MLS #
EB41056200
MLS Source
Bridge MLS
Buyer's Brokerage Compensation*
2.5%
Flooring
Carpet - Partial, Linoleum, Wood
Cooling
Air Conditioning - None
Heating
Wall Furnace
Roof
Tar/Gravel
Garage/Parking
Off-Street Parking, RV/Boat Parking, Garage: Car(s)
Sewer
Public Sewer
Complex Amenities
None
# Buildings | # Leased Units | # Total Units |
---|---|---|
– | – | 4 |
Unit # | Sq Ft | Beds | Baths | Rent |
---|---|---|---|---|
1 | – | 1 | 0/0 | $823 |
2 | – | 1 | 0/0 | $903 |
3 | – | 1 | 0/0 | – |
4 | – | 2 | 0/0 | – |
1051 61st St is a Residential Income in Oakland, CA 94608. This 2,336 square foot property sits on a 7,368 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $1,295,000 and was built in 1951.
This address can also be written as 1051 61st St, Oakland, CA 94608.©2024 Bridge MLS. All rights reserved. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from Bridge MLS.
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* The offer of compensation is made subject to the MLS rules where the listing is filed. Please contact your agent for any questions concerning this subject matter.
This listing information is up-to-date as of April 29, 2024. For the most current information, please contact Giuseppe Zumbo, (510) 331-5153