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$825,000

Est. payment - /mo

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4,499 Sqft Lot

Active

808 61St St Oakland, CA 94608

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Chris Mardelli

chris@therealupside.com +1(310) 571-5761

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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

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

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

Listed by Joey Wang Keller Williams Realty

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