808 61St St, Oakland, CA 94608

• 3,262 sqft

Property Description

Welcome to 808 61st Street—where the location is unbeatable, the bones are solid, and the rent… well, it’s mostly a theory at this point. Several units are currently not paying rent, which is either a tragedy or a setup for one of the best-value adds you’ll see this year. Priced at just $825,000, this five-unit property is tucked into North Oakland’s Santa Fe neighborhood—just minutes to Ashby BART, UCSF Benioff Children’s Hospital, and Temescal’s café scene. With a 96 Walk Score and 98 BikeScore, this is a commuter’s dream and a landlord’s “someday soon” payday. The building spans approx. 3,262 sq ft across a ~4,500 sq ft lot, with a mix of unit types: studios, 1BDs, 2BDs, and a 3BD layout—split between a fourplex facing 61st and a single unit above the garage on MLK Jr Way. Once stabilized, the projected CAP is around 10%, offering huge upside for investors with a strong stomach and a game plan. It’s not for the faint of heart—but for the bold, this is a rare under-$1M entry into a well-located Oakland asset with long-term gains written all over it.

Listing Status:

Active

Date Added:

September 2, 2025 at 05:00AM

Listing Office:

Keller Williams Realty : 925-934-2900

Listing Agent:

Joey Wang : 510-592-4244

MLS ID:

41109999

Interior

• Appliances: DryerWasherGas Water Heater
• Laundry: Common AreaDryerGas Dryer HookupWasherWasher/Dryer Hookups
• Basement: None
• Flooring: HardwoodHardwood Flrs ThroughoutTileVinyl
• A/C: Ceiling Fan(s)
• Heating: ElectricNatural GasHot WaterWall Furnace

Exterior

• Parking: DetachedSpace Per Unit - 1Garage Faces RearUncovered Park Spaces 2+

Construction

• Roofing: Shingle
• General: Aluminum SidingStuccoFrameWood

Location

• County: Alameda

Lot

• Zoning: 16143442
• Fencing: Partial

Utilities

• Utilities: Water/Sewer Meter AvailableWater/Sewer Meter on SiteNatural Gas AvailableNatural Gas ConnectedIndividual Electric MeterIndividual Gas Meter

This listing courtesy of Joey Wang, Keller Williams Realty