1560 Jackson Street

Oakland, CA 94612

$7,000,000
Price
Beds
Baths
19,587 Sq. Ft.
$357 / Sq. Ft.
19,587
Sq. Ft.
$357
per Sq. Ft.

Description

We are excited to present 1560 Jackson St, a turnkey 33-unit multi-family asset with substantial rental upside. Renovated to modern standards, the majority of units feature granite countertops, stainless steel appliances, and new fixtures. With notable conveniences including 25 off-street parking spaces, laundry, remote entry and separate gas and electric metering, this property presents an attractive prospect for multifamily investors. The building's proximity to Lake Merritt, Downtown Oakland,...We are excited to present 1560 Jackson St, a turnkey 33-unit multi-family asset with substantial rental upside. Renovated to modern standards, the majority of units feature granite countertops, stainless steel appliances, and new fixtures. With notable conveniences including 25 off-street parking spaces, laundry, remote entry and separate gas and electric metering, this property presents an attractive prospect for multifamily investors. The building's proximity to Lake Merritt, Downtown Oakland, and two BART stations enhances its desirability, making it an ideal asset for those seeking multifamily opportunities in the thriving East Bay area. Located in a historic, sought after neighborhood, The Westlake enjoys a coveted position near Oakland's Central Business District. Situated just two blocks from the picturesque Lake Merritt, residents can easily access walking trails and attractions around the lake. Downtown Oakland, with its array of dining, shopping, and entertainment options, is also within close reach. Additionally, convenient access to two BART stations provides seamless connections for commuters and young professionals.
  1. Listed by Grant Chappell • DRE #01700439 • NAI Northern California
  2. Listed by Samuel Hayes • DRE #01842440 • NAI Northern California

Property Details for 1560 Jackson Street

City
OAKLAND
Building Type
5 or More Units
Property Sub Type
5 or More Units
Total # Parking Spaces
25
LISTING UPDATED: 01/28/2025 12:19 AM

Property Details for 1560 Jackson Street

StatusActive
MLS #41083109
Days on Compass30
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS Type5+ Units / Five or More Units
Year Built1959
Lot Size0.24 AC / 10,650 SF
CountyAlameda County

Building Information for 1560 Jackson Street

Stories-Residences33Year Built1959Building Size-Lot Size0.24 AC / 10,650 SF

Property Information for 1560 Jackson Street

Features
Feature Details
  • Flooring: Laminate
Utility Details
  • Cooling: None
  • Heating: Gas
  • Water/Sewer: Sewer System - Public, Water - Public
Lot / Property Details
Home Owners Association
  • HOA Amenities: Other
Property Details
  • Additional Equipment: None
  • City Transfer Tax: Yes
  • Exterior: Stucco & Stone
  • Lot Description: See Remarks
  • Lot Sq Ft Apx: 10650
  • Lot Size Square Feet: 10650.0
  • Roof: Bitumen
  • Sq Ft Apx: 19587
  • Year Built: 1959
Location Details
  • Directions to Property: Lakeside to Jackson
  • FIPS Code: 06001
  • Census Tract: 4032
  • Parcel Number: 8-629-17-9
  • Printed Neighborhood Rpt: Yes
  • Board ID: Bridge AOR
Multi Family Information
General Details
  • Units Total: 33
  • Basement: None
  • Tenant Pays: Electric, Gas, Parking
  • Financial Data Source: Property Manager
Multi Family 5+ Information
Building Details
  • Additional Features-Misc: Other
  • Apx Lot Acres: 0
  • On Site Parking Description: Garage Parking
Income / Expense Details
  • Gross Rent Multiplier: 9.68
Other Financial Information
  • Cap Rate: 6.09
  • Existing Loan: Assumable Qualify
  • Ocpnt Req 24 Hr: No
Additional Information
Additional Information
  • Fireplace: No

Property History for 1560 Jackson 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 1560 Jackson Street

Taxable ValueLand$1,885,200Additions$5,652,493Total$7,537,693
Tax Record2024$120,688 ($10,057 / month)
Home Facts
Total Finished SqFt28,497 SqFtAbove Grade Finished SqFt28,497 SqFtStories3Lot Size10,650 SqFtStyleMulti-Family Res (5+ Units)Year Built1959Year Renovated1960CountyALAMEDAAPN8-629-17-9

Schools near 1560 Jackson 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 - 6 to 8
Rating
School
Distance
Lincoln Elementary School
PublicK to 5

Westlake Middle School
Public6 to 8

Oakland Technical High School
Public9 to 12

AIMS College Prep Middle
Charter6 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.

Similar Homes

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1560 Jackson Street is a multi-family home for sale in Oakland, CA 94612. This property was listed for sale on January 21, 2025 by NAI Northern California, it's currently listed at $7,000,000. It has been on the market for a total of 30 days and was last sold on June 9, 2015. This listing's school district is Oakland Unified School District. Nearby schools include Lincoln Elementary School, Westlake Middle School and Oakland Technical High School. 1560 Jackson Street is a 0-bed, 0-bath, 19,587 sqft multi-family home built in 1959.

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 NAI Northern California, Grant Chappell, DRE #01700439; NAI Northern California, Samuel Hayes, DRE #01842440

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.