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$1,170,000   Price Analysis
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1123 65th St
Oakland, CA 94608
2 bed 0 bath 1,538 SqFt ($760/SqFt)
3,658SqFt lot. Built 1925
Listed 2024-04-05, Taxes $2,940
Ⓧ USDA Ineligible
due to price & location

near Oakland

Attention Oakland investors and House-hackers!

Welcome to this exceptional opportunity in the highly sought-after NOBE neighborhood. This two-house compound presents a lucrative prospect for extended families, savvy investors and those interested in house hacking. With RM-3 zoning, the potential for this property is boundless. Each home has private entrances, individual outdoor spaces and separate utilities and the interiors have been recently updated. The front residence has off-street parking and a big high-ceiling bsement, ideal for conversion into a third unit, maximizing rental income potential.

Meanwhile, the back house also features a full, usable basement with expansion possibilities, providing further avenues for value enhancement. With both houses already tenant-occupied, you can start earning returns immediately. Situated one block from the Emeryville border and a mere two blocks from Berkeley, this property is in the middle of everything. Enjoy quick access to major thoroughfares 80/580 for easy commuting. Indulge in shopping and dining options nearby, including the renowned Berkeley Bowl West, Bay Street Shopping and Emeryville Public Market. Don't miss out on this prime investment opportunity in an unbeatable location.


Presented by Elizabeth Rush at
Keller Williams Realty.
Listing Agent Photo

Property MLS #41055041 from bridgeMLS

Bedrooms: 2

Dryer
Washer
Gas Water Heater
Laundry Features: In Basement

Cooling Features: Ceiling Fan(s)
Heating Features: Forced Air, Wall Furnace
Heating: Yes

Flooring: Concrete, Hardwood, Laminate, Linoleum, Partial Carpeting, Vinyl, Engineered Wood

Back Yard
Garden
Storage Area
Fencing: Fenced

Lot Description: 2 Houses / 1 Lot, Level
Lot Size Acres: 0.0839761
Lot Size Square Feet: 3658

Parking Features: Off Street

Calculated Total Monthly Association Fees: 0

Source Listing Status: Active
County: Alameda
Directions: San Pablo Ave. to 65th
Source Property Type: Residential Income
Source Neighborhood: NOBE
Parcel Number: 1615054
Subdivision: NOBE
Zoning: RM-3
Property Subtype: 2HOUSES-1LOT
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$30,309 + $31,589
$61,898
$2,940
2021$29,714 + $30,970
$60,684
$2,578
2020$29,410 + $30,652
$60,062
$2,545
2019$28,833 + $30,051
$58,884
$2,302
2018$28,268 + $29,462
$57,730
$2,257
2017$27,713 + $28,885
$56,598
$2,113
2016$27,170 + $28,318
$55,488
$1,951
2015$26,762 + $27,893
$54,655
$1,935
2014$26,238 + $27,347
$53,585
$2,011
2013$26,119 + $27,223
$53,342
$1,957
2012$25,607 + $26,689
$52,296
$1,894
2010$25,105 + $26,166
$51,271
$1,664
2009$24,918 + $25,971
$50,889
$1,772
2008$24,487 + $25,522
$50,009
$1,663
2007$24,007 + $25,022
$49,029
$1,626

Price Changed 2024-05-14
$1,170,000
bridgeMLS
Listed 2024-04-05
$1,175,000
bridgeMLS

Total Square Feet Living: 1538
Year Built: 1925
Building Area Source: Public Records
Building Area Total: 1538
Building Area Units: Square Feet
Construction Materials: Wood Siding
Living Area Units: Square Feet
Property Age: 99

Sankofa United Elementary School is a public elementary school located approximately 1.2 miles away.
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Claremont Middle School is a public middle school located approximately 1.9 miles away.
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Ecole Bilingue de Berkeley is a private elementary and middle school located approximately 0.5 miles away.
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Oakland Military Institute, College Preparatory Academy is a public middle and high school located approximately 1.4 miles away.
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.