This seven-unit property is a gem spread across two structures totaling approximately 6,416 square feet*. 1261 64th St. is comprised of four approximately 730 square foot two-bedroom and one in-a-half bathroom units, and 1263 64th St. is comprised of three unique floor plans with two three-bedroom and two bathroom units, and a two-bedroom, one in-a-half bathroom townhouse unit. The buildings are situated on a large approximately 9,060 square foot /±0.21 acre lot and feature secured off-street parking for up to 7 vehicles. The in place rents are below projected market rate rents, offering an opportunity to significantly increase the net operating income of the property. The property is located in the desirable city, Emeryville, which provides excellent public transportation e.g. Rail Station, Bart Station and Bus Lines all less than one mile and the property has been deemed a Walker's Paradise (94 Walk Score) and Biker's Paradise (90 Biker Score) by walkscore.com.
Sold for $2,200,000 on 01/07/25
$2,200,000
1261-1263 64th St, Emeryville, CA 94608
8beds
8baths
3,534sqft
Multi Family
Built in 1965
-- sqft lot
$2,074,400 Zestimate®
$623/sqft
$-- Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: January 08, 2025 at 07:32pm
Listed by:
Yolanda James-Elston DRE #02001536 510-575-8686,
Excel Realty
Bought with:
Blake Martini, DRE #01908725
Martini Company Real Estate
Source: Bay East AOR,MLS#: 41071564
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 8
Heating
- Natural Gas, Wall Furnace, Hot Water, MultiUnits
Cooling
- No Air Conditioning
Features
- Tub w/Shower Over
- Flooring: Laminate, Tile, Carpet
- Basement: None
- Has fireplace: No
Interior area
- Total structure area: 3,534
- Total interior livable area: 3,534 sqft
Property
Parking
- Total spaces: 7
- Parking features: Attached, Off Street, Parking Lot, Space Per Unit - 1
- Has attached garage: Yes
Features
- Fencing: Fenced
Lot
- Size: 9,147 sqft
- Features: Wooded
Details
- Parcel number: 491471191 / 2
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Frame
- Roof: Flat
Condition
- Year built: 1965
Utilities & green energy
- Utilities for property: Cable Available
Community & neighborhood
Security
- Security features: Security Fence
Location
- Region: Emeryville
HOA & financial
Other financial information
- Total actual rent: 7779
Other
Other facts
- Listing agreement: Excl Right
- Listing terms: Cash,Conventional,1031 Exchange
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Estimated market value
$2,074,400