1062 60th Street

Oakland

1,595,000

Description

5 units to be vacant at COE. Price Drop! 1062 60th St consist of 6 unit multifamily property for sale that sits in the heart of NOBE North Oakland/ Emeryville. The building consists of a 4 unit stand-alone building plus cottage Duplex in the rear all on one lot. (2) 2bed/2 bath (3) 1bed/1bath (1) Studio. Driveway parking fits 3-4 cars. Front yard space with mature gardening and backyard space. Laundry on site of this low maintenance property. The subject property is close to public transit, bus lines on San Pablo Ave and Martin Luther King Way. 5 minutes drive to 80 freeway and 15 minutes to downtown San Francisco. 5 minutes to Ashby Bart. Great location. 4 out of 6 units currently vacant by Close of Escrow.

Download the 1062 60th Street Brochure

Highlights & Lot Features

  • Number of Units: 6

  • Vacancy Allowance: 5

  • Oven/Range Built-In

  • Oven/Range Freestand

  • Refrigerator

  • Washer

  • Dryer

  • Laundry Facilities: In Common Area, Coin Operated

  • Total Rooms: 15

  • Lot Size Acres: 0.1544995

  • Number of Garage Spaces: 4

  • Garage Description: Carport, Garage

Exterior and Lot Features

  • Lot Size Square Feet: 6730

  • Gross Income: 128400

  • Tenant Pays: Electricity

Homeowners Association

  • Association Name: San Francisco Association of REALTORS

Other Property Info

  • Cap Rate: 5.97

  • Source Listing Status: Active

  • County: Alameda

  • Cross Street: herzog

  • Source Property Type: 5+ Units

  • Area: Alameda County Oakland

  • Source Neighborhood: Oakland

  • Parcel Number: 015-1338-019

  • Subdivision: Oakland

  • Source System Name: C2C

Building and Construction

  • Square Feet Living: 3376.00

  • Year Built: 1904

  • Building Features: 2

  • Construction Materials: Wood Frame, Reinforced Concrete

  • Flooring: Hardwood

  • Living Area Source: Per Tax Records

  • Property Age: 115

  • Levels or Stories: 2

  • House Style: Custom

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