1220 62nd Street

Oakland, CA 94608

$1,695,000
Price
Beds
2,100 Sq. Ft.
$807 / Sq. Ft.
2,100
Sq. Ft.
$807
per Sq. Ft.

Description

1220 62nd Street consists of 6 studio units, each with a kitchen, bathroom and private outside deck space. The roof is newer and all units have been upgraded over the past 7 years. This six-plex, located in Oakland, is literally across the street from Emeryville, and Berkeley is only a few blocks away. A large fenced lot behind the building offers enough space for tenants to park their cars. Door codes on each gate provide an added level of privacy. A newer on site laundry room is an attractive amenity...1220 62nd Street consists of 6 studio units, each with a kitchen, bathroom and private outside deck space. The roof is newer and all units have been upgraded over the past 7 years. This six-plex, located in Oakland, is literally across the street from Emeryville, and Berkeley is only a few blocks away. A large fenced lot behind the building offers enough space for tenants to park their cars. Door codes on each gate provide an added level of privacy. A newer on site laundry room is an attractive amenity for tenants and a source of additional income. The building is fully occupied. Attracting new tenants, when a vacancy arises, has never been a problem . WalkScore.com gives it a 93 “walkers’ Paradise. No car needed to do daily errands.” And a 92 Bike Score™. It is close to the CC Capitol Corridor and the SF Shuttle bus at the Emeryville stop. The Emery-go-round provides free transportation to BART and convenient access to much of the Bay Area. Neither seller nor listing agent has investigated or verified the accuracy of any of these sources of information, nor do they guarantee any short term, nor increase in future long term rental income.
  1. Listed by William Fletcher • DRE #01724665 • Red Oak Realty

Property Details for 1220 62nd Street

City
OAKLAND
Building Type
5 or More Units
Property Sub Type
5 or More Units
Garage/Parking
Parking Area
Total # Parking Spaces
6
LISTING UPDATED: 10/17/2024 01:37 PM

Property Details for 1220 62nd Street

StatusActive
MLS #41073084
Days on Compass76
Taxes$21,005 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS Type5+ Units / Five or More Units
Year Built1963
Lot Size0.08 AC / 3,484 SF
CountyAlameda County

Building Information for 1220 62nd Street

Stories-Residences6Year Built1963Building Size-Lot Size0.08 AC / 3,484 SF

Property Information for 1220 62nd Street

Features
Feature Details
  • Flooring: Tile
Utility Details
  • Cooling: None
  • Heating: Gas, Wall Furnace
  • Water/Sewer: Sewer System - Public, Water - Public
Lot / Property Details
Property Details
  • Additional Equipment: None
  • City Transfer Tax: Yes
  • Exterior: Stucco
  • Lot Description: Corner
  • Lot Sq Ft Apx: 3484
  • Lot Size Square Feet: 3484.0
  • Roof: Composition Shingles
  • Sq Ft Apx: 2100
  • Year Built: 1963
Location Details
  • Directions to Property: Use GPS
  • FIPS Code: 06001
  • Census Tract: Klinkner
  • Parcel Number: 16-1465-11-5
  • Printed Neighborhood Rpt: Yes
  • Board ID: Bridge AOR
Multi Family Information
General Details
  • Units Total: 6
  • Basement: None
  • Tenant Pays: Electric, Gas, Parking
  • Financial Data Source: Owner
Multi Family 5+ Information
Unit 1
  • Unit 1 # Units This Type?: 6
  • Unit # 1 Occupied By: Tenant
  • Unit # 1 Refrigerator: Yes
  • Unit # 1 Range Oven: Yes
  • Unit # 1 # of Bedrooms: 0
  • Unit # 1 # of Bathrooms: 1
  • Unit # 1 Approx SqFt: 350
  • Unit # 1 Rent: 1550
Unit 2
  • Unit # 2 Occupied By: Tenant
  • Unit # 2 Refrigerator: Yes
  • Unit # 2 Range Oven: Yes
  • Unit # 2 # of Bedrooms: 0
  • Unit # 2 # of Bathrooms: 1
  • Unit # 2 Approx SqFt: 350
  • Unit # 2 Rent: 1579
Unit 3
  • Unit # 3 Occupied By: Tenant
  • Unit # 3 Refrigerator: Yes
  • Unit # 3 Range Oven: Yes
  • Unit # 3 # of Bedrooms: 0
  • Unit # 3 # of Bathrooms: 1
  • Unit # 3 Approx SqFt: 350
  • Unit # 3 Rent: 1636.40
Unit 4
  • Unit # 4 Occupied By: Tenant
  • Unit # 4 Refrigerator: Yes
  • Unit # 4 Range Oven: Yes
  • Unit # 4 # of Bedrooms: 0
  • Unit # 4 # of Bathrooms: 1
  • Unit # 4 Approx SqFt: 350
  • Unit # 4 Rent: 1575
Unit 5
  • Unit # 5 Occupied By: Tenant
  • Unit # 5 Refrigerator: Yes
  • Unit # 5 Range Oven: Yes
  • Unit # 5 # of Bedrooms: 0
  • Unit # 5 # of Bathrooms: 1
  • Unit # 5 Approx SqFt: 350
  • Unit # 5 Rent: 1512
Building Details
  • Additional Features-Misc: Balcony/Patio
  • Apx Lot Acres: 0
  • On Site Parking Description: Parking Area
  • Total Deposits: 11400
Income / Expense Details
  • Annual Exp Year: 34420
  • Annual Insurance Expense: $1,896
  • Annual Misc Income: $552
  • Annual Rent Income: $112,224
  • Annual Taxes: $21,005
  • Annual Util Expense: $3,348
  • Annual Vacancy: 0.0
  • Gross Income: $112,776
  • Net Operating Income: $78,356
Other Financial Information
  • Cap Rate: 4.6
  • Existing Loan: 1st D/T
  • Ocpnt Req 24 Hr: Yes
Additional Information
Additional Information
  • Fireplace: No

Property History for 1220 62nd Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1220 62nd Street

Taxable ValueLand$187,404Additions$982,420Total$1,169,824
Tax Record2024$20,194 ($1,683 / month)
Home Facts
Total Finished SqFt2,100 SqFtAbove Grade Finished SqFt2,100 SqFtStories2Lot Size3,484 SqFtStyleMulti-Family Res (5+ Units)Year Built1963CountyALAMEDAAPN16-1465-11-5

Schools near 1220 62nd Street

This home is within Oakland Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Charter - K to 8
Rating
School
Distance
Sankofa United Elementary School
PublicK to 5

Claremont Middle School
Public6 to 8

Oakland Technical High School
Public9 to 12

Aspire Berkley Maynard Academy
CharterK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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1220 62nd Street is a multi-family home for sale in Oakland, CA 94608. This property was listed for sale on September 13, 2024 by Red Oak Realty, it's currently listed at $1,695,000. It has been on the market for a total of 76 days and was last sold on September 7, 2017. This listing's school district is Oakland Unified School District. Nearby schools include Sankofa United Elementary School, Claremont Middle School and Oakland Technical High School. 1220 62nd Street is a 0-bed, 0-bath, 2,100 sqft multi-family home built in 1963.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Red Oak Realty, William Fletcher, DRE #01724665

Based on information from one of the following Multiple Listing Services: San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.