425 63rd ST Active

Oakland,CA 94609

$ 1400000

- Bed

0 Bath

2582 SqFt


Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,582 sqft

Price per Sqft $542

MLS Listing ID ML81984653

HOA Y/N No

Year Built 1913

Annual Tax Amount $16,800

Lot Size 5,148 Sqft

Property 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.

Location

State CA

County Alameda

Area 699 - Not Defined

Zoning RM-1

Interior

Heating Electric,Floor Furnace

Cooling None

Flooring Tile,Wood

Fireplace No

Exterior

Garage Guest,Off Street

Garage Spaces 3.0

Garage Description 3.0

Utilities Available Natural Gas Available

View Y/N No

Roof Type Composition,Other

Accessibility None

Parking Type Guest,Off Street

Total Parking Spaces 10

Building

Story 2

Sewer Public Sewer

Water Public

Schools

School District Other

Others

Tax ID 016139203602

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