309 63rd Street, Oakland, CA 94618

Property Description

This rarely available 4 unit building is ready for new occupants. Located just off College Avenue in the highly desirable Rockridge district, you are just steps away from popular Cole Coffee, Yasai Market, Wood Tavern, La Farine Bakery, Ver Brugge butcher shop, Vino wine shop, Safeway and more. Just a few blocks to Trader Joe's, Market Hall, Rockridge BART and many fine restaurants and shops. Take AC Transit bus for easy access to the UC Campus, Downtown Berkeley, The Elmwood District or San Francisco. This earns its 97 "Walker's Paradise" and 94 "Biker's Paradise" scores. Each unit is light-filled with windows on 3 sides, hardwood floors and vintage details throughout. Kitchens have ample cabinetry and doors to a small rear yard. Your living and sleeping spaces are joined by glass paned french doors. Plenty of storage on the ground floor level with soaring ceiling heights inviting possibilities for expansion. Extra potential $1k+ income for garage/storage spaces. Projected cap rate over 7% in one of the most sought after East Bay Neighborhoods makes this a fabulous investment opportunity or owner occupancy with income.