1036 60th St - Apartments FOR SALE


Emeryville, CA 94608
$1,425,000 USD
707-363-2463
1036 60th St, Emeryville, CA for Sale
$1,425,000 USD
Apartments - FOR SALE
1/24
null | 6.03% Cap Rate

1036 60th St
Emeryville, CA 94608


HIGHLIGHTS

  • 8-Unit Multifamily Asset located in Oakland’s highly desirable NOBE neighborhood at the convergence of North Oakland, Berkeley, and Emeryville.
  • Strong Unit Mix featuring (4) studio units and (4) one-bedroom units, well-positioned to capture consistent East Bay rental demand.
  • Large 10,425 SF Corner Lot with a 4,632 SF two-story building, o?ering excellent visibility and long-term upside potential.
  • Recent Capital Improvements include a new roof and an upgraded main electrical system.
  • Prime East Bay Location near major employment centers, including Pixar Animation Studios, UC Berkeley, and Emeryville’s Bay Street retail district.
  • Excellent Commuter Access with proximity to Ashby and MacArthur BART stations and multiple AC Transit lines, providing easy connectivity to Berkeley,

OVERVIEW

The Mitchell Warren Team is pleased to present 1036 60th Street, an eight-unit multifamily investment opportunity located in Oakland’s highly desirable NOBE neighborhood. The property consists of a two-story apartment building totaling approximately 4,632 square feet on a large 10,425 square foot corner lot. Originally built in 1925, the property features a desirable unit mix of four (4) studio units and four (4) one-bedroom units, well-positioned to meet strong rental demand from the surrounding North Oakland, Berkeley, and Emeryville markets. Recent capital improvements include a new roof and a main electrical system upgrade. With its large parcel size, prominent corner lot positioning, and prime rental location, 1036 60th Street presents a compelling opportunity for investors seeking a value-add multifamily asset in one of the East Bay’s most supply- constrained rental markets. 1036 60th Street is ideally located in the highly desirable NOBE neighborhood, where North Oakland, Berkeley, and Emeryville converge. This central location provides convenient access to major East Bay employment centers, including Pixar Animation Studios and Emeryville’s Bay Street retail district, as well as UC Berkeley. Residents benefit from proximity to the vibrant dining, retail, and entertainment corridors along San Pablo Avenue, Telegraph Avenue, and College Avenue. The property also o?ers excellent regional connectivity with nearby access to Ashby and MacArthur BART stations and multiple AC Transit lines, making commuting throughout the East Bay and San Francisco convenient.

FOR SALE DETAILS

PRICE

$1,425,000 USD

PRICE/SF

$308 USD /SF

# OF UNITS

8

PRICE/UNIT

$178,125

CAP RATE

6.03%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Excellent North Oakland Location

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Manufactured Housing/Mobile Housing, Office/Residential, Dormitory

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1925

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.24 AC

LAND SF

10,420 SF

ZONING

-

APN/PARCEL ID

015-1338-014-03

ASK ABOUT THIS PROPERTY

Timothy WarrenNAI Northern CaliforniaMore Info
707-363-2463

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Timothy WarrenNAI Northern CaliforniaMore Info
707-363-2463

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.