22 days on rocket

425 63rd St, Oakland, CA, 94609

$1,200,000

Home List Price

$10,000*

Closing Credit

0 Baths
2,582 SqFt
$465/SqFt
Multi

Location

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425 63rd St, Oakland$1,200,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeQuadruplex
ParkingGuest, Off Street
Garage3 spaces
Year Built1913
HeatingElectric, Floor Furnace
CoolingNone
MLS #ML81984653
Lot Size0.12 Acres
StatusActive

About 425 63rd St

Located on a beautiful tree-lined street, this charming property is a wonderful opportunity to own a four-unit income property on the North Oakland/Berkeley border. The 2-story barn is currently used as storage, but it is spacious and has huge potential! Maybe fix it up, put on a new door and rent it too? the barn also has a big loft area on its second floor! With a high walkability score and convenient location near restaurants, shops and public transportation, this property is a hidden gem with so much overall potential! The estimated income referenced in the listing is an estimate of potential rents for all 4 units. Two of the units are currently vacant. The vacant units (427 & 431) include: 1) a spacious two-bedroom one bath unit on the second floor (427) and, 2) a very nice one bedroom one bathroom unit on the first floor (431). There are two other tenant occupied units on the first floor: 1) a lovely one-bedroom unit in front rented for $657.25 per month; and 2) a studio apartment near the rear rented for $695 per month. We only have estimated expense figures (after initial fixup) not actual. We have a roof, termite, and home inspection.

Property Details

Property Features

Property Information:

  • Year Built: 1913
  • Stories: 2
  • Living Area: 2,582 SqFt

Listing Office:

  • Office Name: Intero Real Estate Services
  • Office Phone: (650) 622-1000
  • Listing Agent: Aileen Castillo

Interior Features

Interior Information:

  • Flooring Type: Tile, Wood

Exterior Features

Parking Information:

  • Garage Space: 3 spaces
  • Parking: Guest, Off Street

Lot Features

Lot Information:

  • Lot Size: 0.12 Acres

Utilities

Utilities Information:

  • Heating: Electric, Floor Furnace
  • Cooling: None

Other

Directions Information:

  • Directions: Cross Street: Colby St

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,200,000
  • Price Per SqFt: $465/SqFt

Tax Information:

  • Annual Amount: $3,588
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Oakland, CA.

Med. Sold Price

$860.7K

Med. Price/SqFt

$591

Avg. Days On Market

33

# of Sold Homes

268

425 63rd St vs Oakland

22 DAYS ON ROCKET

-11 Days

$1,200,000

+$339.2K More

$465/SqFt

-$126 Less

KEY TAKEAWAY

This property is $339.2K more than the Median Sold Price and $126/SqFt less than other homes in Oakland, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #ML81984653

Listing Office:

  • Office Name: Intero Real Estate Services
  • Office Phone: (650) 622-1000
  • Listing Agent: Aileen Castillo

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/14/2024, 11:20:51 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$3,588$61,835
2020$3,588$61,202
2019$3,057$60,003
2018$2,799$58,826
2017$2,799$57,673

History based on county public records data.

Payment Calculator

$6,057

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,664

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-342884
7
/10
  • Peralta Elementary School

  • 460 63rd St

  • 0.07 miles

  • Public District Grades KG-5

school-card-donut-342885
7
/10
  • Sylvia Mendez Elementary School

  • 2840 Ellsworth St

  • 0.66 miles

  • Public District Grades KG-5

school-card-donut-342886
7
/10
  • Chabot Elementary School

  • 6686 Chabot Rd

  • 0.82 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $71,563. Most Oakland, CA residents have annual incomes between $35k-100k. Most families are single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas


Rocket HomesCaliforniaAlameda CountyOakland94609425 63rd St

This home is located at 425 63rd St in Oakland, CA and zip code 94609 in the Fairview Park neighborhood. This 2,582 square foot home, which was built in 1913, sits on a 0.12 acre lot. It has been listed on Rocket Homes since October 23, 2024 and is currently priced at $1,200,000.

Oakland, CA housing market in October 2024 saw over 165 listings sold above listed price, more than 30 sold at listed price and over 45 sold below. The number of listings in Oakland, CA increased by 9.9% between September 2024 and October 2024. The median list price of listings available in October 2024 was $860,714, while the average time on the real estate market was 33 days.

From Rocket Homes Real Estate and based on county public records data.

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