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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Marby Lee

Marby Lee

+1(408) 718-8204
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

Welcome to 808 61st Street-where the location is unbeatable, the bones are solid, and the rent. well, it's mostly a theory at this point. Several units are currently not paying rent, which is either a tragedy or a setup for one of the best-value adds you'll see this year. Priced at just $825,000, this five-unit property is tucked into North Oakland's Santa Fe neighborhood-just minutes to Ashby BART, UCSF Benioff Children's Hospital, and Temescal's café scene. With a 96 Walk Score and 98 BikeScore, this is a commuter's dream and a landlord's "someday soon" payday. The building spans approx. 3,262 sq ft across a ~4,500 sq ft lot, with a mix of unit types: studios, 1BDs, 2BDs, and a 3BD layout-split between a fourplex facing 61st and a single unit above the garage on MLK Jr Way. Once stabilized, the projected CAP is around 10%, offering huge upside for investors with a strong stomach and a game plan. It's not for the faint of heart-but for the bold, this is a rare under-$1M entry into a well-located Oakland asset with long-term gains written all over it.

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

Others

Tax ID 16-1434-4-2

Special Listing Condition Not Applicable

MLS Listing IDX PLUS
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Marby Lee
Marby Lee

Agent | License ID: 02073692

+1(408) 718-8204 | marby@marbyleerealestate.com

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808 61St St