Sold for $2,200,000

$2,200,000

1261-1263 64th St, Emeryville, CA 94608

8beds

8baths

3,534sqft

Multi Family

Built in 1965

-- sqft lot

$2,068,800 Zestimate^®

$623/sqft

$2,994 Estimated rent

Home value

$2,068,800

$1.86M - $2.32M

$2,994/mo

Zestimate^® history

Owner options

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$2,994/mo

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$2,994/mo

Rent Zestimate^®

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$13,960/mo

Est. payment

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$13,960/mo

Est. payment

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What's special

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.

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: 4,057 Square Feet
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 & HOA

Community

Security: Security Fence

HOA

Has HOA: No

Location

Region: Emeryville

Financial & listing details

Price per square foot: $623/sqft
Price range: $2.2M - $2.2M
Date on market: 8/31/2024
Listing agreement: Excl Right
Listing terms: Cash,Conventional,1031 Exchange
Lease term: Security Deposit
Total actual rent: 7779
Tenant pays: None

Price history

Date	Event	Price
1/7/2025	Sold	$2,200,000-8.3%$623/sqft
Source: Bay East AOR #41071564 Report a problem
10/20/2024	Pending sale	$2,400,000$679/sqft
Source: bridgeMLS/CCAR/Bay East AOR #41071564 Report a problem
8/31/2024	Listed for sale	$2,400,000$679/sqft
Source: bridgeMLS/CCAR/Bay East AOR #41071564 Report a problem