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309 63rd St, Oakland, CA 94618

List Price: $1,549,000On Market FlagOn market
Sep 5, 20242,590 sqft4 beds0 baths
Listed by: Perry Riani
License #: 01402540
Phone #: 510-813-3799
Compass
Source:
CRMLS Logo
MLS #: 41072039

Property Description

A rarely available 4 unit building ready for new occupants just off College Avenue in the highly desirable Rockridge district. Your steps away from popular Cole Coffee, Yasai market, Wood Tavern, La Farine Bakery, Ver Brugge butcher shop, Vino wine shop, Safeway and more. It's only a few blocks to Rockridge BART and on the AC Transit bus route for easy access to Berkeley or San Francisco, minutes to Trader Joe's, The Elmwood District, Market Hall and many fine restaurants and shops. This earns its 97 "Walker's Paradise" and 94 "Biker's Paradise" scores. Each unit is filled with light with windows on 3 sides, hardwood floors and vintage details throughout. Kitchens have ample cabinetry and doors to a small rear yard. Your living and sleeping spaces are joined by glass paned french doors. Plenty of storage on the ground floor level with soaring ceiling heights inviting possibilities for expansion. Projected cap rate of 6% in one of the most sought after East Bay Neighborhoods makes this a fabulous investment opportunity or owner occupancy with income.
Assignment
Get a detailed valuation report, schedule a tour or make an offer!
Kevin Kretzmer
Kevin Kretzmer

Role: TurboHome Head Agent

Experience: 10 years

No. of Transactions: 227

“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”

TurboHome Fair Market Estimate

TurboHome

TurboHome Savings

$33,888

TurboHome Estimated Value

$1,904,100

$735 sqft

High Valuation
$1,999,305
$772/sqft
Normal Valuation
$1,904,100
$735/sqft
Low Valuation
$1,808,895
$698/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$735/sqft$1,904,100

Neighborhood: Fairview Park

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Comparative Value

$1.16M

$1.55M

$1.68M

$2.61M

4193 Shafter Ave, Oakland, CA 94609

Sale Price: $1,155,000

Selected Comparable

309 63rd St, Oakland, CA 94618

List Price: $1,549,000

Subject Property

463 61st St, Oakland, CA 94609

Sale Price: $1,675,000

Selected Comparable

2900 Benvenue Ave, Berkeley, CA 94705

Sale Price: $2,610,000

Selected Comparable

Neighborhood Comps

Subject Property

SUBJECT
309 63rd St, Oakland, CA 94618

309 63rd St, Oakland, CA 94618

List: $1,549,000

Listed: 9/5/2024

Area:2,590 sqft
Price/sqft:$598
Beds:4
Baths:
Year Built:
Lot Size:2,094

Comparable Properties

COMPARABLE
Choose comps
463 61st St, Oakland, CA 94609

463 61st St, Oakland, CA 94609

Sale: $1,675,000

6/26/20250.44 mi

Area:3,077 sqft
Price/sqft:$544
Beds:4
Baths:
Year Built:
Weight:35.4%
2900 Benvenue Ave, Berkeley, CA 94705

2900 Benvenue Ave, Berkeley, CA 94705

Sale: $2,610,000

10/23/20240.56 mi

Area:2,407 sqft
Price/sqft:$1,084
Beds:4
Baths:
Year Built:
Weight:35.0%
4193 Shafter Ave, Oakland, CA 94609

4193 Shafter Ave, Oakland, CA 94609

Sale: $1,155,000

3/24/20251.38 mi

Area:2,620 sqft
Price/sqft:$441
Beds:5
Baths:
Year Built:
Weight:29.5%

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