425 63Rd Street

Oakland, CA 94609 $200,000.00 (-14.29%) Active for $1,200,000

Overview
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Schools & Score
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Beds: N/A Baths: Structure Size: 2,582 sqft Lot Size: 5,150 sqft

Property Facts

MLS	ML81984653
Year Built	1913
Property Type	Quadruplex
County	Alameda
Status	Active
Active	$1,200,000
Structure Size	2,582 sqft
Lot Size	5,150 sqft
Beds	N/A
Baths

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 currently used as storage, but it is spacious and has huge potential! Maybe fix it up, put on a new door and rent it too? It also has a big loft area on its second floor! With a high walkability score and convenient location near restaurants, shops and public transportation, this property is a hidden gem with so much overall potential! The estimated income referenced in the listing is an estimate of potential rents for all 4 units. 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 $657.25 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.

Listing information courtesy of: Aileen Castillo, Intero Real Estate Services 415-894-0454. *Based on information from the Association of REALTORS/Multiple Listing as of 11/13/2024 and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. 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.