$1,050,000
Under Contract808 61st Street
Oakland CA 94609
4,622
SF
Commercial
Type
1918
Built
$227/SF
Cost/SF
Listing Agent
Location Analysis
Location unavailable
About This Property
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.
Property Information
Property Overview
Commercial
Property Type
ActiveUnderContract
Status
RM2
Zoning
0.1322 acres
Lot Size
4,622 SF
Square Footage
$227.17/SF
Price per SF
$13,418
Annual Tax
1,918
Year Built
4
Parking Total
0.87
Parking Ratio
Property Highlights
N/A Property
Prime Location with High Visibility
Location Analysis
Location unavailable
Building Details
Zoning & Use
Parking & Access
Utilities & Systems
Investment Metrics
Data not available.
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Closed commercial sales reported, newest first.
CRMLS
MLS# ML82057123
Listed:
Nalren refreshed:
Last updated
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Listed by: Luxmore Real Estate
Equal Housing Opportunity
Advertising Broker: Nalren Corp (CA DRE #02423715)
Licensed in the state of California
Nalren Corp (CA DRE #02423715) is the Advertising Broker for this IDX display. We are not the listing broker for this property. The listing broker/agent information is shown above. Contact the listing agent for inquiries.