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2649 62nd Avenue

Oakland, CA 94605

– beds
– baths
3,289 sqft
3,759 sqft lot
$302 per sqft
1960 build
– on site

Don't miss this incredible investment opportunity to own a well maintained, income-generating 5- unit 3289 sq ft spacious property in Oakland! This prime multi family investment offers both immediate rental income and long-term value. The property yields $124,500 annually, providing a solid return on investment. Good news, all units are eligible for rent increases. This 5-unit complex is an ideal investment for those looking to enter Oakland's growing real estate market or to expand their portfolio. With primary veteran housing subsidies in place, this property provides financial security and the potential for future appreciation. Guaranteed rental income from four units housing veterans. Gated property for tenant safety and privacy, on site laundry facilities for tenant convenience, located in a quiet residential area with proximity to parks, schools and local amenities. Quick access to I-580, public transportation and a short commute to downtown Oakland and Lake Merritt. AS AN INCENTIVE TO THE BUYER THE SELLER IS OFFERING $500 towards Home Warranty Plan. Seller to Offer $1000 towards commercial washer and dryer

Listing courtesy of METROLIST / Sterling Royal Real Estate

Last checked: Checking… • Last updated Jan 24, 2025 •

MLS# 224116449 —

The Building

Year Built:

1960
Year Built Source:

Assessor Agent-Fill
Construction Materials:

Stucco, Wood
Construction Materials:

#Collection(String)
Architectural Style:

#Collection(String)
Development Status:

#Collection(String)
Structure Type:

#Collection(String)
Subtype Description:

#Collection(String)
Stories Total:

2
Stories:

1
Levels:

Two
Levels:

#Collection(String)
Upper Level:

#Collection(String)
Main Level:

#Collection(String)
Lower Level:

#Collection(String)
Roof:

Flat
Roof:

#Collection(String)
Basement:

#Collection(String)
Foundation Details:

Slab
Foundation Details:

#Collection(String)
Building Features:

#Collection(String)
Exterior Features:

Fenced Yard
Exterior Features:

#Collection(String)
Window Features:

#Collection(String)
Patio And Porch Features:

#Collection(String)
Accessibility Features:

#Collection(String)

Interior

Interior Features:

#Collection(String)
Flooring:

Carpet, Linoleum
Flooring:

#Collection(String)
Fireplace Features:

#Collection(String)
Laundry Features:

In Common Area
Laundry Features:

#Collection(String)

Room Dimensions

Living Area:

3289.0
Living Area Source:

Assessor Auto-Fill

Financial & Terms

Lease Type:

Net
Lease Info:

#Collection(String)
Lease Type:

#Collection(String)
Lease Includes:

#Collection(String)
Rent Includes:

#Collection(String)
Owner Pays:

#Collection(String)
Tenant Pays:

#Collection(String)
Pets Allowed:

#Collection(String)

Location

Directions:

I-580 to Seminary turn right, left on Camden St, right on 62nd Ave

The Property

Parcel Number:

038-3200-005-02
Property Type:

Residential Income
Property Sub Type:

5 or More Units
Property Condition:

#Collection(String)
Lot Features:

Curbs/Gutters, Sidewalk
Lot Features:

#Collection(String)
Lot Size Acres:

0.0863
Lot Size Square Feet:

3759.0
Lot Size Units:

Acres
Lot Size Source:

Assessor Auto-Fill
Land Lease:

false
View:

#Collection(String)
Zoning:

Multi Family Dwelling
Current Use:

#Collection(String)
Possible Use:

#Collection(String)
Vegetation:

#Collection(String)
Fencing:

#Collection(String)
Horse:

false
Horse Amenities:

#Collection(String)
Crops:

#Collection(String)
Soil:

#Collection(String)
Land Use:

#Collection(String)
Irrigation Source:

None
Frontage Type:

#Collection(String)
Road Surface Type:

#Collection(String)
Road Frontage Type:

#Collection(String)
Road Responsibility:

#Collection(String)
Driveway Sidewalks:

#Collection(String)

Listing Agent

Contact info:

The Listing

Home Warranty:

false

Heating & Cooling

Heating:

Wall Furnace
Heating:

#Collection(String)
Cooling:

None
Cooling:

#Collection(String)

Utilities

Utilities:

Electric
Utilities:

#Collection(String)
Electric:

#Collection(String)
Sewer:

In & Connected, Public Sewer
Sewer:

#Collection(String)
Water Source:

Public
Water Source:

#Collection(String)
Green Energy Efficient:

#Collection(String)

Appliances

Appliances:

#Collection(String)

Schools

Elementary School District:

Oakland Unified
Middle Or Junior School District:

Oakland Unified
High School District:

Oakland Unified

The Community

Senior Community:

false
Community Features:

#Collection(String)
Spa:

false
Spa Features:

#Collection(String)
Pool Private:

false
Pool Features:

#Collection(String)
Association Amenities:

#Collection(String)
Association:

false
Association Fee Includes@odata.type

#Collection(String)

Parking

Parking Total:

4.0
Parking Type:

#Collection(String)
Parking Access:

#Collection(String)
Parking Features:

Attached, Carport, Covered, Side-by-Side
Parking Features:

#Collection(String)

Extra Units

Unit 1 Type:

#Collection(String)
Unit 1 Full Baths:

1
Unit 1 Bedrooms:

1
Unit 2 Bedrooms:

1
Unit 2 Full Baths:

1
Unit 1 Approx Sq Ft:

700
Unit 2 Type:

#Collection(String)
Unit 3 Type:

#Collection(String)
Unit 3 Bedrooms:

2
Unit 3 Full Baths:

1
Unit 4 Type:

#Collection(String)
Unit 4 Bedrooms:

1
Unit 4 Full Baths:

1
Other Units:

#Collection(String)

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Transit Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
1/23/25 Jan 23, 2025	Listed / Active	METROLIST	$995,000	67.2% (7.6% / YR)
3/2/16 Mar 2, 2016		SFMLS	$595,000	144.9% (9.4% / YR)
10/30/00 Oct 30, 2000		BRIDGE	$243,000

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This multifamily located in Central East Oakland, Oakland, CA 94605 is currently for sale for $995,000. 2649 62nd Avenue is a 3,289 square foot multifamily with – beds and – baths that has been on Estately for 2 days. 2649 62nd Avenue is in the Central East Oakland neighborhood of Oakland and has a WalkScore® of 82, making it very walkable. This multifamily is in the attendance area of Frick Academy Of Language Middle School and Castlemont High School.

Listing courtesy of Sterling Royal Real Estate

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