808 61St St new Save Request In-Person Tour Request Virtual Tour
Oakland,CA 94608
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Subdivision Alameda County
MLS Listing ID 41109999
HOA Y/N No
Year Built 1922
Lot Size 4,499 Sqft
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
Interior
Heating Electric,Natural Gas,Wall Furnace
Fireplace No
Appliance Gas Water Heater,Dryer,Washer
Exterior
Roof Type Shingle,Tar/Gravel
Total Parking Spaces 5
Building
Lot Description Street Level
Others
Tax ID 16143442