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Patricia Beattie

patricia@brivio.com +1(415) 286-8292

$1,050,000

Est. payment - /mo

5,758 Sqft Lot

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Fri Aug 14, 11:00am - 12:00pm

Sun Aug 16, 11:00am - 12:00pm

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Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID ML82057123

HOA Y/N No

Year Built 1918

Annual Tax Amount $13,418

Lot Size 5,758 Sqft

Property Description

The 61st is a FULLY VACANT 5 unit apartment community in Emeryville. This asset has (2) buildings on one parcel- a fourplex and a detached 1x1. This rare valued add opportunity has tons of upside and a good unit mix; (1) 3 bed 1 bath, (1) 2 bed 1 bath, (2) 1 bed 1 bath, and (1) Studio. The fourplex has 1x1 and 2x1 downstairs + studio and 3x1 upstairs. The detached 1x1 is on top of 2 garages. Additional income from on-site laundry, assigned parking and garages. Separately metered for Gas + Electric. Potential for infill ADU development under detached 1x1. Rare, fully vacant 9+ Cap in Emeryville near Rockridge + Ashby Bart, Bushrod Park, 24/580 Highway Access. The Berkeley/ Emeryville border presents investors with a compelling submarket convergence thesis and strong long-term appreciation potential.

Location

State CA

County Alameda

Area 699 - Not Defined

Zoning RM2

Interior

Heating Wall Furnace

Fireplace No

Exterior

Roof Type Tar/Gravel

Total Parking Spaces 4

Building

Water Public

Schools

School District Emery Unified

Others

Tax ID 16143442

Special Listing Condition Standard

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Listed by Travis Raciti Luxmore Real Estate #02246639

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Patricia Beattie

+1(415) 286-8292

Broker | License ID: 01405369

Broker License ID: 01405369

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808 61st ST Oakland, CA 94609

Patricia Beattie

Open House

Key Details

Location

Interior

Exterior

Building

Schools

Others

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