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2649 62nd Avenue Oakland, CA $ 1,025,000
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$ 1,025,000 Get more info
2649 62nd Avenue
$ 1,025,000
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2649 62nd Avenue

Oakland, CA, 94605
$ 1,025,000
Baths0.0 Sq 3,289

Monthly Estimate*

$ 7,160

2649 62nd Avenue, Oakland, CA 94605 - Image 1
2649 62nd Avenue, Oakland, CA 94605 - Image 2
2649 62nd Avenue, Oakland, CA 94605 - Image 3
2649 62nd Avenue, Oakland, CA 94605 - Image 4
Studio

Commercial Property for sale in Oakland, CA

for $1,025,000. This 3,289 square foot building was built in 1960 on a lot size of 0.086318.

50,000 PRICE REDUCTION, Seller Motivated. In today's high interest rate environment you must find unique buildings that will outpace inflation and cash flow immediately considering current interest rates. This property will deliver immediate cash flow returns while maintaining the growth potential in the rents due to having 4 subsidized tenants on HUD's VASH program for Veterans which guarantees rental collections and even has the ability to obtain rental increases above the allowable amounts for market rate Rent Controlled units. Beat the street by purchasing this excellent investment property!

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Commercial Active

Price

$ 1,025,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 0

Style

Lot Size

0.086318

Year Built

1960

Town/City

Oakland

County/Region

Alameda

MLS | Web ID

ML81951352
Features
General
Sewer Public Sewer
Heating Wall Furnace
Cooling None
Roof Rolled/Hot Mop
Appliances Refrigerator
Zoning Mult
Year Built 1960
Property SubType Other
County Alameda
Property Type Commercial Sale
HOA / Comm Assn Y
Garage Y/N No
Status Active
Directions See google maps for directions
City Oakland
MLS Area Listing
Lot Size Square Feet 3760
Street Name 62nd Avenue
Standard Status Active
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Exterior
Parking Features Covered
Lot Size Area 3920.4
Lot Size Acres 0.09
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Interior
Air Conditioning Y/N No
Heating Y/N Yes
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* Excluded Features
List By
Mickelin Burnes-Browne

Listing Agent

Mickelin Burnes Browne, Broker

Broker

mickelin@soldbymickelin.com

Email

Affordability Calculator

$7,160
Per Month
100%
0%
0%
Monthly Principal & Interest
$7,160
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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THE TIME TO SELL IS NOW!
Nearby
806588 Elementary School
806593 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
4/8/2024$1,025,000 -4.65% Price Down
3/15/2024$1,075,000 -2.27% Price Down
1/13/2024$1,100,000 Listed Price

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2649 62nd Avenue, Oakland, CA, 94605 is a Commercial Property for sale at $1,025,000 with 3,289 sqft and a lot size of 0.086318. 2649 62nd Avenue is a studio with 0.0 baths and was built in 1960. The property's zip code is 94605 which is in Oakland, CA

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