Investment Overview
The Mitchell Warren Team is pleased to present 1036 60th Street, an eight-unit multifamily investment opportunity located in Oakland’s highly desirable NOBE neighborhood. The property consists of a two-story apartment building totaling approximately 4,632 square feet on a large 10,425 square foot corner lot. Originally built in 1925, the property features a desirable unit mix of four (4) studio units and four (4) one-bedroom units, well-positioned to meet strong rental demand from the surrounding North Oakland, Berkeley, and Emeryville markets. Recent capital improvements include a new roof and a main electrical system upgrade. With its large parcel size, prominent corner lot positioning, and prime rental location, 1036 60th Street presents a compelling opportunity for investors seeking a value-add multifamily asset in one of the East Bay’s most supply-constrained rental markets.
Investment Highlights
- 8-Unit Multifamily Asset located in Oakland’s highly desirable NOBE neighborhood at the convergence of North Oakland, Berkeley, and Emeryville.
- Strong Unit Mix featuring (4) studio units and (4) one-bedroom units, well-positioned to capture consistent East Bay rental demand.
- Large 10,425 SF Corner Lot with a 4,632 SF two-story building, offering excellent visibility and long-term upside potential.
- Recent Capital Improvements include a new roof and an upgraded main electrical system.
- Prime East Bay Location near major employment centers, including Pixar Animation Studios, UC Berkeley, and Emeryville’s Bay Street retail district.
- Excellent Commuter Access with proximity to Ashby and MacArthur BART stations and multiple AC Transit lines, providing easy connectivity to Berkeley, Oakland, and San Francisco.