1028 61st St, Oakland, California 94608, Oakland, 94608 - bed, bath

1028 61st St, Oakland, California 94608 home-pic-0
ACTIVE$1,180,000
1028 61st St, Oakland, California 94608
0Bed
0Bath
Sqft
6,000Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Multi-Unit Income Property: The property comprises two buildings on one lot: a 2-bedroom single-family home and a 2-unit duplex (totaling a triplex), offering significant rental income potential and diverse occupancy options.
Top Cons:
Age of Property & Potential Maintenance: Built in 1920, the property, despite recent updates, may still present inherent maintenance challenges and potential for hidden issues common with older construction.

Compared to the nearby listings

Price:$1.18M vs avg $875.0K (+$305,000)71%
Size: sqft vs avg sqft50%
Price/sqft:$0 vs avg $050%

More Insights

Built in 1920 (105 years old).
Condition: Built in 1920, the property has received recent cosmetic updates including refinished hardwood floors, new paint, and newer dual-pane windows, making many areas move-in ready. The upper duplex unit also features an updated bathroom. However, the kitchen in the single-family home is very basic with minimal cabinetry and counter space, and an outdated style, which would require a substantial renovation to meet modern standards. The presence of an unfinished basement also indicates an area needing significant investment. While well-maintained for its age, the property's core systems (HVAC, electrical, plumbing) are likely older and not explicitly updated, and the SFH kitchen is a major component showing signs of being outdated, pushing it into the 'Fair' category rather than 'Good' due to the immediate need for a significant kitchen overhaul.
Year Built
1920
Close
-
List price
$1.18M
Original List price
$1.2M
Price/Sqft
$0
HOA
-
Days on market
-
Sold On
-
MLS number
41076790
Home ConditionFair
Features
View-

About this home

Come take a 2nd look. Welcome to 1028 61st Street located on a 6,000 square foot lot. The property consist of 2 Buildings on one lot. The front building is a charming Single family home with 2 large Bedrooms and 1 bathroom with beautiful refinished hardwood floors, new paint in the interior and exterior, newer dual pane windows, inviting living room with loads of light and a fireplace. Wood trim & paneling in the dining room, built-in mirrored cabinet. The front bedroom has built in shelving and the back bedroom has beautiful laminate floors and good lighting. The Unfinished basement the length of the home. In the rear of the lot is a two story duplex. Both units in the duplex are one bedroom, one bathroom. The upper unit is vacant with newly refinished hardwood floors, updated bathroom, dual pane windows and recently painted. Both buildings have outdoor space for gardening or relaxing and the 6,000 square foot is ideal for development. The property has a long driveway for parking multiple vehicles. The location is close to transportation, Emeryville shopping and dining.

Nearby schools

6/10
Malcolm X Elementary School
Public,K-50.7mi
1/10
Sankofa Academy
Public,PK-50.9mi
8/10
Peralta Elementary School
Public,K-51.2mi
6/10
Leconte Elementary School
Public,K-51.3mi
2/10
Emerson Elementary School
Public,K-51.5mi
2/10
Hoover Elementary School
Public,K-51.5mi
7/10
Washington Elementary School
Public,K-51.6mi
7/10
Emerson Elementary School
Public,K-52.0mi
6/10
John Muir Elementary School
Public,K-52.1mi
5/10
Oxford Elementary School
Public,K-53.1mi
7/10
Cragmont Elementary School
Public,K-53.5mi
4/10
Anna Yates Elementary School
Public,K-80.6mi
6/10
Claremont Middle School
Public,6-81.6mi
8/10
Willard Middle School
Public,6-81.6mi
2/10
Westlake Middle School
Public,6-82.4mi
3/10
West Oakland Middle School
Public,6-82.5mi
5/10
Emery Secondary School
Public,9-120.6mi
2/10
Oakland International High School
Public,9-121.4mi
7/10
Oakland Technical High School
Public,9-121.7mi
8/10
Berkeley High School
Public,9-121.8mi
3/10
Mcclymonds High School
Public,9-121.9mi
2/10
Fremont High
Public,9-126.2mi
Condition Rating
Fair

Built in 1920, the property has received recent cosmetic updates including refinished hardwood floors, new paint, and newer dual-pane windows, making many areas move-in ready. The upper duplex unit also features an updated bathroom. However, the kitchen in the single-family home is very basic with minimal cabinetry and counter space, and an outdated style, which would require a substantial renovation to meet modern standards. The presence of an unfinished basement also indicates an area needing significant investment. While well-maintained for its age, the property's core systems (HVAC, electrical, plumbing) are likely older and not explicitly updated, and the SFH kitchen is a major component showing signs of being outdated, pushing it into the 'Fair' category rather than 'Good' due to the immediate need for a significant kitchen overhaul.
Pros & Cons

Pros

Multi-Unit Income Property: The property comprises two buildings on one lot: a 2-bedroom single-family home and a 2-unit duplex (totaling a triplex), offering significant rental income potential and diverse occupancy options.
Development Potential: Situated on a generous 6,000 square foot lot, the property is explicitly noted as 'ideal for development,' presenting a valuable opportunity for future expansion or additional units.
Recent Renovations & Updates: Multiple units feature recent upgrades including refinished hardwood floors, new interior/exterior paint, updated bathrooms, and newer dual-pane windows, reducing immediate maintenance needs for new owners.
Strategic Location: The property boasts a desirable location close to public transportation, and the vibrant shopping and dining options of Emeryville, enhancing its appeal to tenants and residents.
Ample Parking: A long driveway provides convenient off-street parking for multiple vehicles, a significant advantage in urban areas where parking can be scarce.

Cons

Age of Property & Potential Maintenance: Built in 1920, the property, despite recent updates, may still present inherent maintenance challenges and potential for hidden issues common with older construction.
Unfinished Basement: The single-family home includes an unfinished basement spanning its entire length, which, while offering future potential, currently represents an unutilized space requiring substantial investment for conversion or improvement.
Recent Price Reduction: The property has undergone a recent price reduction from $1.199M to $1.18M, which could indicate a lack of strong buyer interest at the initial price point or a market adjustment.

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