1062 60th St - Apartments FOR SALE


Oakland, CA 94608- Paradise Park
$1,395,000 USD
510-725-4775
1062 60th St, Oakland, CA for Sale
$1,395,000 USD
Apartments - FOR SALE
1/27
null | 7.44% Cap Rate

1062 60th St
Oakland, CA 94608
Paradise Park


HIGHLIGHTS

  • Two 2bd/2bth and Four 1bd/1bth-All Fully Remodeled!
  • Walker's Paradise Located in North Oakland Neighborhood Near Shopping, Dining, Public Transportation & Berkeley/Emeryville
  • Turn-Key Investment With No Deferred Maintenance- Immediate Cash Flow.
  • Fresh Interior/Exterior Paint, Retrofitted Foundation, New Dual Pane Windows, Electrical Panels, Light Fixtures, Wall Heaters, Kitchens, & Bathrooms

OVERVIEW

1062 60th St is a turnkey six unit apartment building in North Oakland, CA. The property has an excellent unit mix of two (2) 2bd/2bth, and four (4) 1bd/1bth apartments. The property has undergone recent improvements including, but not limited to, fresh interior and exterior paint, dual pane windows, new electrical panels, bathroom vanities, appliances, cabinets, and light fixtures. Additionally, the owner collects parking income and the property features on site owner owned coin operated laundry machines. The property is gated and all units are separately metered for gas and electricity providing lower annual expenses. The subject property is close to public transit, bus lines on San Pablo Ave and Martin Luther King Way. The property is walking distance to BART, highways, and other local attractions. Email: Info@PinzaGroup.com for a complete marketing package.

FOR SALE DETAILS

PRICE

$1,395,000 USD

PRICE/SF

$400 USD /SF

# OF UNITS

6

PRICE/UNIT

$232,500

CAP RATE

7.44%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

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

1919

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.15 AC

LAND SF

6,534 SF

ZONING

Residential

APN/PARCEL ID

015-1338-019-00

ASK ABOUT THIS PROPERTY

Steven PinzaPinza GroupMore Info
510-725-4775

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Steven PinzaPinza GroupMore Info
510-725-4775

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