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$ 1,050,000
Est. payment | /mo
4,622 SqFt
$ 1,050,000
Est. payment | /mo
4,622 SqFt
Open House
Fri Aug 14, 11:00am - 12:00pm
Sun Aug 16, 11:00am - 12:00pm
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 4,622 sqft
Price per Sqft $227
MLS Listing ID ML82057123
HOA Y/N No
Year Built 1918
Lot Size 5,760 Sqft
Property Sub-Type Other
Property Description
The 61st is a FULLY VACANT 5 unit apartment community in Emeryville. This asset has (2) buildings on one parcel- a fourplex and a detached 1x1. This rare valued add opportunity has tons of upside and a good unit mix; (1) 3 bed 1 bath, (1) 2 bed 1 bath, (2) 1 bed 1 bath, and (1) Studio. The fourplex has 1x1 and 2x1 downstairs + studio and 3x1 upstairs. The detached 1x1 is on top of 2 garages. Additional income from on-site laundry, assigned parking and garages. Separately metered for Gas + Electric. Potential for infill ADU development under detached 1x1. Rare, fully vacant 9+ Cap in Emeryville near Rockridge + Ashby Bart, Bushrod Park, 24/580 Highway Access. The Berkeley/ Emeryville border presents investors with a compelling submarket convergence thesis and strong long-term appreciation potential.
Location
State CA
County Alameda
Zoning RM2
Interior
Heating Wall Furnace
Cooling Ceiling Fan(s)
Fireplace No
Building
Sewer Public Sewer
Water Public
New Construction No
Others
Tax ID 16143442

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Listed by Travis Raciti • Luxmore Real Estate
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Patrick Nagel
REALTOR® | Lic# 1760790






