$ 2,400,000
1261 64th St Emeryville, CA 94608
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$ 2,400,000
Est. payment | /mo
4,055 Sqft Lot
$ 2,400,000
Est. payment | /mo
4,055 Sqft Lot
Key Details
Property Type Multi-Family
Listing Status Pending
Purchase Type For Sale
MLS Listing ID 41071564
HOA Y/N No
Year Built 1965
Lot Size 4,055 Sqft
Property 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.
Location
State CA
County Alameda
Interior
Heating Natural Gas, Wall Furnace
Flooring Carpet, Laminate, Tile
Fireplace No
Exterior
Garage Garage, On Street
Parking Type Garage, On Street
Total Parking Spaces 7
Building
Sewer Public Sewer
Others
Tax ID 491471191 / 2
Acceptable Financing Cash, Conventional, 1031 Exchange
Listing Terms Cash, Conventional, 1031 Exchange
Listed by Yolanda James-Elston • Excel Realty
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Dan Andrizzi
Broker-Associate | Lic# 01440387