Description
This seven-unit property is a gem spread across two structures totaling approximately 6,416 square feet*. 1261 64th St. is comprised of four approximately 730 square foot two-bedroom and one in-a-half bathroom units, and 1263 64th St. is comprised of three unique floor plans with two three-bedroom and two bathroom units, and a two-bedroom, one in-a-half bathroom townhouse unit. The buildings are situated on a large approximately 9,060 square foot /±0.21 acre lot and feature secured off-street parking for up to 7 vehicles. The in place rents are below projected market rate rents, offering an opportunity to significantly increase the net operating income of the property. The property is located in the desirable city, Emeryville, which provides excellent public transportation e.g. Rail Station, Bart Station and Bus Lines all less than one mile and the property has been deemed a Walker's Paradise (94 Walk Score) and Biker's Paradise (90 Biker Score) by walkscore.com.
Property Details
- Property SubtypeResidentialIncome
- Date ClosedDecember 19, 2024
- Property TypeMulti-Family
- Sewer InformationPublicSewer
- Original List Price$2,400,000
- MLS #41071564
- MLS #41071564
- CountyAlameda
- Cost2400000
- Acres0.0931
- Year Built1965
Location
Legal
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Last Updated: . Source: CRMLS
Listing Courtesy
Listing Agent: Yolanda James-Elston (#CCBE-159524961BE)
Listing Office: Excel Realty (#CCBE-SNTH01)
Listing Courtesy (Buyer)
Buyer's Agent: Blake Martini (#CCBE-r01908725)
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