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About the Listing BMLS-OBBKWR - BMLS-R01890931
Welcome to 808 61st Street—where the location is unbeatable, the bones are solid, and the rent… well, it’s mostly a theory at this point. Several units are currently not paying rent, which is either a tragedy or a setup for one of the best-value adds you’ll see this year. Priced at just $825,000, this five-unit property is tucked into North Oakland’s Santa Fe neighborhood—just minutes to Ashby BART, UCSF Benioff Children’s Hospital, and Temescal’s café scene. With a 96 Walk Score and 98 BikeScore, this is a commuter’s dream and a landlord’s “someday soon” payday. The building spans approx. 3,262 sq ft across a ~4,500 sq ft lot, with a mix of unit types: studios, 1BDs, 2BDs, and a 3BD layout—split between a fourplex facing 61st and a single unit above the garage on MLK Jr Way. Once stabilized, the projected CAP is around 10%, offering huge upside for investors with a strong stomach and a game plan. It’s not for the faint of heart—but for the bold, this is a rare under-$1M entry into a well-located Oakland asset with long-term gains written all over it.
Listing Highlights for 808 61st St
Status
Active
Days on Site
53
Property Type
Multi-Family
MLS ®
41109999
Year Built
1922
Total Square Footage
0
Lot/Acreage
0.1
County
Alameda
Neighborhood
Alameda County
Interior Details
- Bedrooms: 0
- Bathrooms: Full
- Appliances: Gas Water Heater
- Air Cond:
- Heating: Electric,Natural Gas,Wall Furnace
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water:
Exterior Details
- Lot Description: Level with Street,No Land Lease
- Garage Capacity: N/A
- Parking Spaces: 5
- Roof: Shingle,Tar/Gravel
- Others: 2+ Total Units
- Sewer:
Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: 16143442
- Tax Year: N/A
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Years
% Down Payment
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Listing Location
Questions About..
808 61st St Oakland, CA 94608
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