Exceptional Oakland Investment

$1,695,000
309 63rd Street, Oakland
Presented by Perry Riani
A rarely available 4 unit building ready for new occupants just off College Avenue in the highly desirable Rockridge district. Your steps away from popular Cole Coffee, Yasai Market, Wood Tavern, La Farine Bakery, Ver Brugge butcher shop, Vino wine shop, Safeway and more. It's only a few blocks to Rockridge BART and on the AC Transit bus route for easy access to Berkeley or San Francisco, minutes to Trader Joe's, The Elmwood District, Market Hall and many fine restaurants and shops. This earns its 97 "Walker's Paradise" and 94 "Biker's Paradise" scores. Each unit is filled with light 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 invites possibilities for expansion. Projected 5% cap rate in the most sought after East Bay neighborhood makes this a fabulous investment

Neighborhood

Cross Alcatraz Avenue, which divides Oakland and Berkeley, and you’ll find yourself in Rockridge, one of Oakland's most desirable, charming, and convenient neighborhoods. Housing in Rockridge is a combination of charming bungalows, cottages, classic Arts and Crafts dwellings, and large brown-shingle houses. Its leafy streets are mainly residential. 
Rockridge offers an easy commute into San Francisco via the Bay Area Rapid Transit (BART) station, as well as access to the University of California, Berkeley Campus. The 100-year-old, four-acre campus of the California College of Art and Crafts is nearby. Food-and-drink purveyors in Rockridge provide the best from around the world and local farms. Rockridge Market Hall, which takes its cue from the French Marché, offers numerous individual food and flower shops open to the sidewalk. Dozens of restaurants, cafes, and boutiques line bustling College Avenue, Rockridge's main drag.    
Agent avatar image

Perry Riani

Compass

Senior Associate Realtor

DRE:
#01402540
Mobile:
510.813.3799

perryriani.com

Schedule

Upcoming Events

Thursday

September 12

Open House Tours

11:00 AM - 2:00 PM

Sunday

September 15

Open House Tours

2:00 PM - 4:00 PM