CA > Oakland
Oakland, CA 94608,808 61St St
Oakland, CA 94608,808 61St St
Oakland, CA 94608,808 61St St
Oakland, CA 94608,808 61St St
Oakland, CA 94608,808 61St St
Oakland, CA 94608,808 61St St
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Sam Spinella

Sam Spinella

+1(408) 393-9294
Listed by Joey Wang • Keller Williams Realty
$ 825,000
Est. payment | /mo

6 Beds

4 Baths

3,262 SqFt

Save
$ 825,000
Est. payment | /mo
Save

6 Beds

4 Baths

3,262 SqFt

Key Details

Property Type Multi-Family, Commercial

Sub Type Five or More Units

Listing Status Active

Purchase Type For Sale

Square Footage 3,262 sqft

Price per Sqft $252

MLS Listing ID EB41109999

Bedrooms 6

Year Built 1922

Lot Size 4,500 Sqft

Property Sub-Type Five or More Units

Source Bridge MLS

Property Description

Five-unit fixer with serious upside in North Oakland's Santa Fe neighborhood. 808 61st St is offered at just $825,000 and includes a fourplex (facing 61st) and one unit over garage (facing MLK Jr Way) totaling 3,262 sq ft on a 4,500 sq ft lot. Unit mix includes studios, 1BDs, 2BDs, and a 3BD layout-perfect for future rent optimization. Four of the five units are currently not paying rent, creating a rare value-add opportunity for investors with vision and fortitude. Once stabilized at market rents, the projected CAP rate is approximately 10%. Located near Ashby BART, UCSF Benioff Children's Hospital, and Temescal, with a 96 Walk Score and 98 Bike Score. A rare sub-$1M multifamily play in a high-demand location.

Location

State CA

County Alameda

Area Oakland Zip Code 94608

Interior

Heating Gas, Wall Furnace , Electric

Cooling Ceiling Fan

Flooring Tile, Vinyl, Hardwood

Laundry Gas Hookup, Hookup - Washer/Dryer , Washer, Community Facility, Dryer

Exterior

Exterior Feature Aluminum Siding, Stucco, Wood Frame

Parking Features Detached Garage, Spaces per Unit - 1

Garage Spaces 5.0

Roof Type Tar and Gravel,Composition

Building

Lot Description Grade - Level

Water Public, Heater - Gas

Others

Tax ID 16-1434-4-2

Special Listing Condition Not Applicable

MLS Listing IDX PLUS
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Sam Spinella
Sam Spinella

Your Trusted Real Estate Guy | License ID: 01377658

+1(408) 393-9294 | sam@spinellagroup.com

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808 61St St