808 61st Street

Oakland, CA 94608

$1,675,000
Price
Beds
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

$75,000 Price Drop! Contact Agent for showing. Turn-key and stabilized 5.67% CAP on the Oakland side of NOBE. 5 units, two income generating garages, and on-site laundry. Units have been well maintained and upgraded. Units have dishwashers and individual water heaters. Original charm can be found throughout the units, with original built-ins, wall cladding, French doors, window casings, picture rails, etc.$75,000 Price Drop! Contact Agent for showing. Turn-key and stabilized 5.67% CAP on the Oakland side of NOBE. 5 units, two income generating garages, and on-site laundry. Units have been well maintained and upgraded. Units have dishwashers and individual water heaters. Original charm can be found throughout the units, with original built-ins, wall cladding, French doors, window casings, picture rails, etc.
  1. Listed by Matthew Reagan DRE #01938745 KW Advisors

Property Details for 808 61st Street

City
OAKLAND
Building Type
Garden Apts
Garage Spaces
0
Garage/Parking
Assigned Spaces, Spaces per Unit - 1
Total # Parking Spaces
7

Location

Listing Courtesy of KW Advisors, Matthew Reagan, DRE #01938745
Add your commute
LISTING UPDATED: 11/30/2022 02:15 PM

Property Details for 808 61st Street

StatusActive
MLS #41010552
Days on Compass120
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS Type5+ Units / Five or More Units
Year Built1922
CountyAlameda County

Location

Listing Courtesy of KW Advisors, Matthew Reagan, DRE #01938745
Add your commute

Building Information for 808 61st Street

Building/Complex808 61st StFloor-Stories-Residences-Pet Policy-Year Built1922Building Size-

Payment Calculator

$8,817 per month

30 year fixed, 6.33% Interest

Principal and Interest

$8,320

Property Taxes

$497

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 808 61st Street

Features
    Feature Details
  • Flooring: Hardwood Flrs Throughout, Tile
  • Laundry: Coin Operated, In Laundry Room, Laundry Equip - Owned
    Utility Details
  • Cooling: None
  • Heating: Gas
  • Water/Sewer: Sewer System - Public, Water - Public
Lot / Property Details
    Home Owners Association
  • HOA Amenities: Other
    Property Details
  • Additional Equipment: Dryer, Washer, Individual Electric Meter, Individual Gas Meter
  • City Transfer Tax: Yes
  • Exterior: Stucco
  • Lot Description: Corner
  • Roof: Flat
  • Stories: 0.0
    Location Details
  • Directions to Property: MLK to 61st
  • FIPS Code: 06001
  • Census Tract: 4007
  • Parcel Number: 16-1434-4-2
  • Printed Neighborhood Rpt: Yes
  • Board ID: Bridge AOR
Multi Family Information
    General Details
  • All Units Have: Dishwasher, Oven Range Free Standing, Patio
  • Some Units Have: Dishwasher, Patio
  • Basement: None
  • Separate Meters: Electric, Gas
  • Tenant Pays: Electric, Gas
  • Financial Data Source: Owner
    Income / Expense Details
  • Operating Expenses: Electric, Gas, Insurance, License/Ads, Maintenance/Repair, Property Tax/Assessments, Trash Removal, Utilities, Vacancy Factor, Water
Multi Family 5+ Information
    Building Details
  • Additional Features-Misc: Other
  • Apx Lot Acres: 0
  • Apx Lot Sq Ft: 4500
  • On Site Parking Description: Garage Parking, Spaces - Assigned, Space Per Unit - 1
  • Tot Bldg Sq Ft: 3262.0
    Unit 1 Information
  • Unit # 1 Approx SqFt: 700
  • Unit # 1 Occupied By: Tenant
  • Unit # 1 Parking Spaces: 1
  • Unit # 1 Rent: 1653
  • Unit 1 # Units This Type?: 1
    Unit 2 Information
  • Unit # 2 Approx SqFt: 800
  • Unit # 2 Occupied By: Tenant
  • Unit # 2 Parking Spaces: 1
  • Unit # 2 Rent: 3150
  • Unit 2 # Units This Type?: 1
    Unit 3 Information
  • Unit # 3 Approx SqFt: 550
  • Unit # 3 Occupied By: Tenant
  • Unit # 3 Parking Spaces: 1
  • Unit # 3 Rent: 1600
  • Unit 3 # Units This Type?: 1
    Unit 4 Information
  • Unit # 4 Approx SqFt: 650
  • Unit # 4 Occupied By: Tenant
  • Unit # 4 Parking Spaces: 1
  • Unit # 4 Rent: 2072
  • Unit 4 # Units This Type?: 1
    Unit 5 Information
  • Unit # 5 Approx SqFt: 550
  • Unit # 5 Occupied By: Tenant
  • Unit # 5 Parking Spaces: 1
  • Unit # 5 Rent: 1808
  • Unit 5 # Units This Type?: 1
    Income / Expense Details
  • Annual Exp Year: 2021
  • Annual Maint Expense: $35,460
  • Annual Misc Income: $7,920
  • Annual Rent Income: $123,396
  • Gross Income: $124,750
  • Gross Rent Multiplier: 12.76
  • Net Operating Income: $89,291
    Other Financial Information
  • Cap Rate: 5.67
  • Existing Loan: Fixed
  • Ocpnt Req 24 Hr: Yes

Property History for 808 61st Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 808 61st Street

Taxable ValueLand$99,606Additions$41,642Total$141,248
Tax Record2022$5,964 ($497 / month)
Home Facts
Total Finished SqFt3,262 SqFtAbove Grade Finished SqFt3,262 SqFtStories2Lot Size4,500 SqFtStyleMulti-Family Res (5+ Units)Year Built1922CountyALAMEDAAPN16-1434-4-2

Schools near 808 61st Street

This home is within Oakland Unified School District.
RatingSchoolTypeGradesDistance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
RatingSchoolDistance
Sankofa United Elementary School
PublicK to 5

Claremont Middle School
Public6 to 8

Oakland Technical High School
Public9 to 12

Oakland International High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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808 61st Street is a multi-family home for sale in Oakland, CA 94608. This property was listed for sale on October 4, 2022 by KW Advisors at $1,675,000. This listing's school district is Oakland Unified School District. Nearby schools include Sankofa United Elementary School, Claremont Middle School and Oakland Technical High School. 808 61st Street is a 0-bed, 0-bath, multi-family home built in 1922.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of KW Advisors, Matthew Reagan, DRE #01938745

Based on information from the San Francisco Association of Realtors as of 10/04/2022 12:00 AM, the MLSListings MLS as of 10/04/2022 12:00 AM, or the BAREIS MLS as of 10/04/2022 12:00 AM. MLS data is deemed reliable but is not guaranteed accurate by the MLS. Information is provided for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Information being provided is for consumers’ personal, non-commercial use and may not be used for any purposes other than to identify prospective properties consumers may be interested in purchasing. Data last updated on 11/30/2022 02:15 PM