6563 Shattuck Ave - Apartments FOR SALE


Oakland, CA 94609- Upper Telegraph
$1,420,000 USD
408-438-0969
6563 Shattuck Ave, Oakland, CA for Sale
$1,420,000 USD
Apartments - FOR SALE
1/34
null | 6.04% Cap Rate

6563 Shattuck Ave
Oakland, CA 94609
Upper Telegraph


HIGHLIGHTS

  • Just 3 blocks from Ashby Bart Station & 1.4 miles from UC Berkeley
  • New roof in 2015 and all units remodeled within the past 10 years
  • Low maintenance asset with further upside in rental income
  • Close proximity to highways 24, 80 & 880

OVERVIEW

We are pleased to present the Shattuck Court Apartments, a pride-of-ownership 8-unit multifamily property located in the desirable North Oakland submarket. Built in 1959, this well-maintained motel-style building features eight 1-bedroom, 1-bathroom units, each updated within the past decade. The property offers 3,432 square feet of rentable space on a 5,250 square foot lot, making it a manageable and efficient investment. Recent capital improvements include a new roof installed in 2015, dual-pane windows throughout, and an attractive landscaping upgrade completed in 2020, enhancing the property’s curb appeal and outdoor common areas. The interiors of each unit have seen thoughtful updates over the years, providing comfortable and functional living spaces that attract stable tenancy. Ideally located just three blocks from the Ashby BART Station and only 1.4 miles from UC Berkeley, the property offers excellent access to regional transit, major employment centers, and educational institutions. Its close proximity to Downtown Berkeley, along with a host of nearby cafes, shops, and neighborhood conveniences, makes it highly appealing to a wide renter base, including students, young professionals, and long-term residents. With quality improvements, a walkable and transit-connected location, and continued upside in rental income, 6563 Shattuck Avenue represents a rare opportunity to acquire a turnkey asset in one of the East Bay’s most sought-after neighborhoods.

FOR SALE DETAILS

PRICE

$1,420,000 USD

PRICE/SF

$337 USD /SF

# OF UNITS

8

PRICE/UNIT

$177,500

CAP RATE

6.04%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Shattuck Court Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1959

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.12 AC

LAND SF

5,249 SF

ZONING

-

APN/PARCEL ID

016-1428-008-00

ASK ABOUT THIS PROPERTY

Eric KatzMagnifyMore Info
408-438-0969

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Eric KatzMagnifyMore Info
408-438-0969

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