309 63rd St - Apartments FOR SALE


Oakland, CA 94618- Upper Telegraph
$1,495,000 USD
510-813-3799
309 63rd St, Oakland, CA for Sale
$1,495,000 USD
Apartments - FOR SALE
1/46
null | 6.26% Cap Rate

309 63rd St
Oakland, CA 94618
Upper Telegraph


HIGHLIGHTS

  • Located in heart of most desirable shopping district in Rockridge just off College Ave. 2 miles /10 min AC transit ride to UC Berk.

OVERVIEW

Attractive price on this rarely available 4 unit building ready for new occupants just off College Avenue in the highly desirable Rockridge district. Your steps away from popular Cole Coffee, Yasai Market, Wood Tavern, La Farine Bakery, Ver Brugge butcher shop, Vino wine shop, Safeway and more. Just a few blocks to Trader Joe's, Market Hall, Rockridge BART and many fine restaurants and shops. Take AC Transit bus for easy access to UC, Berkeley, The Elmwood District or San Francisco. This earns its 97 "Walker's Paradise" and 94 "Biker's Paradise" scores. Each unit is filled with light with windows on 3 sides, hardwood floors and vintage details throughout. Kitchens have ample cabinetry and doors to a small rear yard. Your living and sleeping spaces are joined by glass paned french doors. Plenty of storage on the ground floor level with soaring ceiling heights inviting possibilities for expansion. Extra $1k+ income for garage/storage spaces. Projected cap rate over 6% in one of the most sought after East Bay Neighborhoods makes this a fabulous investment opportunity or owner occupancy with income.

FOR SALE DETAILS

PRICE

$1,495,000 USD

PRICE/SF

$577 USD /SF

# OF UNITS

4

PRICE/UNIT

$373,750

CAP RATE

6.26%

% LEASED

95%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1925

PARKING SPACES

4

LAND DETAILS

LAND ACRES

0.16 AC

LAND SF

6,752 SF

ZONING

C-31, Oakland

APN/PARCEL ID

048A-7069-006-00

ASK ABOUT THIS PROPERTY

Perry RianiCompassMore Info
510-813-3799

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Perry RianiCompassMore Info
510-813-3799

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