Property Detail

Description

The property is an eight-unit multifamily investment opportunity located in Oakland’s highly desirable NOBE neighborhood. The property consists of a two-story apartment building totaling approximately 4,632 square feet on a large 10,425 square foot corner lot. Originally built in 1925, the property features a desirable unit mix of four (4) studio units and four (4) one-bedroom units, well-positioned to meet strong rental demand from the surrounding North Oakland, Berkeley, and Emeryville markets. Recent capital improvements include a new roof and main electrical system upgrade. With its large parcel size, prominent corner lot positioning, and prime rental location, 1036 60th Street presents a compelling opportunity for investors seeking a value-add multifamily asset in one of the East Bay’s most supply-constrained rental markets.