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1051 60th St, Oakland, CA, 94608

$1,400,000

Home List Price

$10,000*

Closing Credit

0 Baths
Multi
Schools Nearby

Location

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1051 60th St, Oakland$1,400,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeQuadruplex
ParkingOn Street
Year Built1931
HeatingElectric, Natural Gas, Wall Furnace
MLS #41052573
Lot Size0.17 Acres
StatusActive

About 1051 60th St

Pride of ownership 4-plex located in NOBE. 5.3% cap rate. This 4 unit building features three 2 bedroom, 1 bath units, and one 1 bedroom, 1 bath unit. All units have undergone extensive renovations including updated kitchens, baths, dual-pane windows, and flooring. Recent building upgrades over the last 5 years include roof replacement, copper plumbing throughout, and complete electrical rewiring. The next owner will benefit from low operating expenses as water, gas, & electricity are all separately metered. The subject property sits on a large 7,280 sf lot (per public records) which has a detached storage shed, raised planting bed, and allows for future development in the rear.* Tenant amenities include 5 off-street parking spaces & shared on-site laundry. Two units have in-unit laundry. Owner willing to discuss seller-carry. Call agent for details. *Potential future use of the property has not been verified with, nor approved by, the city. Seller’s agent has not/will not investigate or verify information provided by third parties. Buyer is advised to conduct their own investigation with appropriate professionals and verify with the city prior to proceeding with the purchase, and to rely solely on their own investigation.

Property Details

Property Features

Property Information:

  • Year Built: 1931

Listing Office:

  • Office Name: Red Oak Realty
  • Office Phone: (510) 292-2000
  • Listing Agent: Thomas Garabedian Cone

Interior Features

Interior Information:

  • Appliances: Gas Water Heater
  • Flooring Type: Carpet, Laminate, Tile

Exterior Features

Parking Information:

  • Parking: On Street

Lot Features

Lot Information:

  • Lot: Back Yard
  • Lot Size: 0.17 Acres

Utilities

Utilities Information:

  • Heating: Electric, Natural Gas, Wall Furnace

School Info

Assigned Schools Information:

  • Oakland Technical High School, Public District Grades 9-12
  • Sankofa Academy, Public District Grades KG-8
  • Claremont Middle School, Public District Grades 6-8

Other

Directions Information:

  • Directions: San Pablo to 60th Cross Street: Herzog.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,400,000

Tax Information:

  • Annual Amount: $15,420
  • Tax Year: 2021
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Housing Market Comparison

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

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Oakland, CA

City

Med. Sold Price

$866K

Med. Price/SqFt

$605

Avg. Days On Market

30

# of Sold Homes

206

1051 60th St vs Oakland

46 DAYS ON ROCKET

+16 Days

$1,400,000

+$533.9K More

KEY TAKEAWAY

This property is $533.9K more than the Median Sold Price in Oakland, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #41052573

Listing Office:

  • Office Name: Red Oak Realty
  • Office Phone: (510) 292-2000
  • Listing Agent: Thomas Garabedian Cone

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: 4/28/2024, 5:20:19 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Dec 16, 2005Home Sold
$737,000
Sep 11, 2003Home Sold
$605,000
May 25, 2001Home Sold
$500,000
Aug 30, 2000Home Sold
$110,500

Tax History

YEARPROP. TAXASSESSMENT
2021$15,420$930,403
2020$15,420$920,866
2019$14,250$902,817
2018$13,624$885,121
2017$13,624$867,772

History based on county public records data.

Payment Calculator

$7,055

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$4,264

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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.

Middle School

school-card-donut-2458430
4
/10

  • Sankofa Academy

  • 581 61st St

  • 0.96 miles

  • Public District Grades KG-8

school-card-donut-2458431
7
/10

  • Claremont Middle School

  • 5750 College Ave

  • 1.62 miles

  • Public District Grades 6-8

High School

school-card-donut-2458432
6
/10

  • Oakland Technical High School

  • 4351 Broadway

  • 1.64 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $60,026. Residents of Oakland, CA typically earn between $35k-100k each year. The most common type of family is single, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Rocket Homes›California›Alameda County›Oakland›94608›1051 60th St

This home is located at 1051 60th St in Oakland, CA and zip code 94608 in the Paradise Park neighborhood. This home, which was built in 1931, sits on a 0.17 acre lot. It has been listed on Rocket Homes since March 13, 2024 and is currently priced at $1,400,000.

In March 2024, from all listings sold in Oakland, CA there were more than 126 sold above asking price, over 40 sold below and more than 20 were sold right at the asked price. In March 2024 in Oakland, CA there were 22.2% more homes for sale than in February 2024. In March 2024, listings were on the market for 30 days. During the same period, the median list price in this real estate market was $866,006.

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

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