$1,695,000
For Sale

1220 62Nd St

Oakland, CA 94608
Listing OfficeRed Oak Realty
Browse 30 photos
Type:Multi-Family
Structure:House
Zone:Commercial

Description

1220 62nd Street consists of 6 studio units, each with a kitchen, bathroom and private outside deck space. The roof is newer and all units have been upgraded over the past 7 years. This six-plex, located in Oakland, is literally across the street from Emeryville, and Berkeley is only a few blocks away. A large fenced lot behind the building offers enough space for tenants to park their cars. Door codes on each gate provide an added level of privacy. A newer on site laundry room is an attractive amenity for tenants and a source of additional income. The building is fully occupied. Attracting new tenants, when a vacancy arises, has never been a problem*. WalkScore.com gives it a 93 “walkers’ Paradise. No car needed to do daily errands.” And a 92 Bike Score™. It is close to the CC Capitol Corridor and the SF Shuttle bus at the Emeryville stop. The Emery-go-round provides free transportation to BART and convenient access to much of the Bay Area. *Neither seller nor listing agent has investigated or verified the accuracy of any of these sources of information, nor do they guarantee any short term, nor increase in future long term rental income.

  • Property Details
      • Property SubtypeResidentialIncome
      • Property TypeMulti-Family
      • Original List Price$1,695,000
      • Lot DescriptionCornerLot
      • MLS #41073084
      • MLS #41073084
      • CountyAlameda
      • Taxes Annual$21,005
      • Cost1695000
      • Acres0.08
      • Year Built1963

Location

Cristina Arneson-CabreraReal Estate Group
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years

Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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annually
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monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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