Christopher Danesi at RE/MAX Accord - 925.998.7426
East Bay Condo ManiaMLS: 41084331 $1,650,000
Bedrooms with Baths993 63RD ST
OAKLAND CA 94608MLS: 41084331
Status: ACTIVE
List Price: $1,650,000
Price per SQFT: $312
Square Footage: 5294Bedrooms
Baths
Year Built: 1965
Zip Code: 94608
Listing Remarks
We are excited to present this exceptional 6-Unit investment opportunity at 993 63rd Street. Centrally situated near the Oakland/Emeryville border, this property boasts 6 units consisting of one 3-bed 2-bath unit and five 2-bed 1-bath units. Recent capital investments of over 125K, including a front duplex ADU conversion, highlight the property's potential for increased value and income. With the majority of units separately metered and five fully remodeled, this property presents a turnkey opportunity for investors. Updated electrical service and close proximity to Amtrak and Ashby BART further enhance its appeal. Don't miss out on this prime asset in the desirable East Bay/Oakland area. The area surrounding the property offers a vibrant mix of attractions, including the bustling districts of Emeryville and Oakland. Enjoy close proximity to the renowned Emeryville Public Market, a hub of dining, shopping, and entertainment. Nearby, experience the eclectic charm of Temescal, known for its diverse culinary scene and artisan boutiques. With convenient access to Ashby BART and Amtrak, the location provides seamless connectivity for residents. Take advantage of the area's strong rental demand and steady appreciation potential, making it an attractive investment opportunity.
Address: 993 63RD ST OAKLAND CA 94608
Listing Courtesy of GRANT CHAPPELL of NAI NORTHERN CALIFORNIA
Condo Mania Agent
Chris Danesi
RE/MAX Accord
DRE #01777489
Phone: 925.998.7426
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Listing Details
STATUS: Active SPECIAL LISTING CONDITIONS: Standard LISTING CONTRACT DATE: 2025-01-31 LIVING AREA SQ FT: 5294 BUILDING AREA TOTAL: 5294 YEAR BUILT: 1965 FLOORING: Laminate HEATING: Natural Gas COOLING: None INTERIOR FEATURES: Central Vacuum LOT FEATURES: Level PARKING FEATURES: Parking Lot PROPERTY TYPE: COMM RI MULTI-UNITS 5+ PROPERTY SUB TYPE: Garden Apts LISTING AGENT: GRANT CHAPPELL LISTING OFFICE: NAI NORTHERN CALIFORNIA
Estimated Monthly Payments
List Price: $1,650,000 20% Down Payment: $330,000 Loan Amount: $1,320,000 Loan Type: 30 Year Fixed Interest Rate: 6.5 % Monthly Payment: $8,343 Estimate does not include taxes, fees, insurance.
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Property Location: 993 63RD ST OAKLAND CA 94608
This Listing
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Condo Mania Agent
Chris Danesi
RE/MAX Accord
DRE #01777489
Phone: 925.998.7426
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Last Updated: 2025-02-03
