425 63rd Street Oakland, CA 94609
Listing Courtesy of: MLSlistings Inc. / San Carlos / Aileen Castillo / Mike Foor - Contact:  650.430.6500

  425 63rd Street Oakland, CA 94609

Active (66 Days)
$1,200,000

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? the barn 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.

MLS #:
ML81984653
Taxes
$16,800
Lot Size
5,150 SQFT
Type
Multifamily
Year Built
1913
School District
1686
County
Alameda County

Listed By

Aileen Castillo, DRE #01780415, San Carlos, Contact: 650.430.6500
Mike Foor, DRE #00904917, San Carlos
Source
MLSlistings Inc.
Last checked Dec 28 2024 at 5:12 PM GMT+0000
Bathroom Details
Interior Features
  • Coin Operated
Property Features
  • Foundation: Other
  • Foundation: Reinforced Concrete
  • Foundation: Post and Beam
Heating and Cooling
  • Other
  • Floor Furnace
  • Electric
  • Central Forced Air - Gas
  • None
Flooring
  • Other
  • Vinyl / Linoleum
  • Tile
  • Hardwood
Exterior Features
  • Roof: Other
  • Roof: Composition
Utility Information
  • Utilities: Water - Public, Public Utilities, Natural Gas, Individual Gas Meters, Individual Electric Meters
  • Sewer: Sewer - Public
Garage
  • Room for Oversized Vehicle
  • On Street
  • Off-Street Parking
  • Guest / Visitor Parking
  • Detached Garage
  • Common Parking Area
Stories
  • 2
Living Area
  • 2,582 sqft
Additional Information: San Carlos | 650.430.6500
Location
   
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Listing Price History

Date
Event
Price
% Change
$ (+/-)
Nov 11, 2024
Price Changed
$1,200,000
-14%
-200,000
Oct 23, 2024
Original Price
$1,400,000
-
-

Estimated Monthly Mortgage Payment

*Based on Fixed Interest Rate withe a 30 year term, principal and interest only

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