Oakland, CA 94608,808 61St St
Oakland, CA 94608,808 61St St
Oakland, CA 94608,808 61St St
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$825,000
Est. payment /mo
3,262 SqFt
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Key Details

Property Type Commercial

Sub Type 5 or More Units

Listing Status Active

Purchase Type For Sale

Square Footage 3,262 sqft

Price per Sqft $252

Subdivision Alameda County

MLS Listing ID 41109999

HOA Y/N No

Year Built 1922

Lot Size 4,500 Sqft

Acres 0.1

Property Sub-Type 5 or More Units

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

Rooms

Basement None

Interior

Heating Electric, Natural Gas, Wall Furnace, Hot Water

Cooling Ceiling Fan(s)

Flooring Hardwood, Hardwood Flrs Throughout, Tile, Vinyl

Fireplace No

Appliance Dryer, Washer, Gas Water Heater

Laundry Common Area, Dryer, Gas Dryer Hookup, Washer, Washer/Dryer Hookups

Exterior

Utilities Available Water/Sewer Meter Available, Water/Sewer Meter on Site, Natural Gas Available, Natural Gas Connected, Individual Electric Meter, Individual Gas Meter

Building

Lot Description Level, Front Yard, Garden, Landscaped

New Construction No

Others

Tax ID 16143442


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Bridge MLS
Listed by Joey Wang • Keller Williams Realty

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808 61St St