INCOME PROPERTY FOR SALE: 4 UNITS
694-696 63rd Street

click to see larger image
STATUS: Sold - February, 2006
ADDRESS: 694-696 63rd Street
Oakland, CA 94609
Cross Street: Shattuck Avenue
Map Code: 629-G5
PRICE: $870,000
VALUE
INDICATORS:

GRM: 15.7
MOTIVATION: Seller exchanged into the 43-unit building at 3840 Howe Street near Piedmont Avenue in Oakland.
DESCRIPTION: Charming 1910 4-plex in North Oakland at the Berkeley border, blocks from the Ashby BART station. First floor is huge 3-br/2-ba flat renting for $1,950 which was totally remodeled. The upstairs consists of three smaller apartments including a front studio renting for $745, and two 1-br/1-ba units renting for $845 and $950. Limited parking in rear.