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2649 62nd Ave Oakland, CA, 94605
$1,025,000 $50,000 Commercial for sale Other
50,000 PRICE REDUCTION, Seller Motivated. In today's high interest rate environment you must find unique buildings that will outpace inflation and cash flow immediately considering current interest rates. This property will deliver immediate cash flow returns while maintaining the growth potential in the rents due to having 4 subsidized tenants on HUD's VASH program for Veterans which guarantees rental collections and even has the ability to obtain rental increases above the allowable amounts for market rate Rent Controlled units. Beat the street by purchasing this excellent investment property!
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Property details
3,289 sqft interior area
Land area
3,760 sqft (0.09 acres)
Days on Verhouse
127
Address
2649 62nd Ave, Oakland, CA, 94605
City of California
Oakland
County
Alameda
Year Built
1960
District
Listing
Nearby major retailers
Costco
Public Storage
CVS Pharmacy
Safeway
Trader Joe's
Safeland Super Market
Pet Food Express
Kohl's
7-Eleven
O'Reilly Auto Parts
AT&T
Whole Foods Market
Shell
Petco
TJ Maxx
The Home Depot
T-Mobile
MetroPCS
Ross
Marshalls
Walmart
AutoZone
Chevron
Dollar Tree
GameStop
7-eleven
Supercuts
Chevron Food Mart
General: 1
Storage rental: 2
Chemist: 1
Supermarket: 5
Greengrocer: 3
Pet: 4
Department store: 8
Convenience: 13
Car parts: 8
Mobile phone: 8
Do it yourself: 2
Variety store: 2
Video games: 1
Hairdresser: 1
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Interior Features
—
Roof
Composition
Garage & Parking
Covered
Appliances
Refrigerator
Listed by
Mickelin Burnes-browne, Mickelin Burnes Browne, Broker
Name
Mickelin Burnes-browne
License number
01082776
Brokerage company
Mickelin Burnes Browne, Broker
MLS #
ML81951352
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Calculate your monthly payments
Mortgage
$3,147
Taxes
$0
HOA dues
$0
Mortgage
$205,000 / 20%
2.28%
30 years
Your amount
$3,147 / month
Lot details
TMK #038320000502
Parcel nr.
038320000502
94605 info
Essentials nearby
Neighborhood stats
Walkability
Coffee shops
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no data
Bus stop
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no data
Supermarket
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no data
Costco
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no data
Hospital
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no data
Park
—
no data
Beach
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no data
Elementary school
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no data
Middle school
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no data
High school
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no data
Local airport
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no data
People living in 94605
48%
Families with children
National average: 39%
34%
Non family households
367,191
Population
$89,353
Average Income
Age & gender
Median age 36 years
More info
Commute types
73% commute by car
More info
Education level
21% have not graduated education
More info
Number of employees
2% work in management
More info
Vehicles available
37% have 1 vehicle
More info
Vehicles by gender
37% have 1 vehicle
More info
Housing market insights for
$822.12k
Neighborhood average
sales price*
sales price*
$716.8k
Neighborhood median
sales price*
sales price*
550
Number
of sales*
of sales*
Housing type
54% are single detacheds
More info
Rooms
46% of the houses have 4 or 5 rooms
More info
Bedrooms
67% have 2 or 3 bedrooms
More info
Owners vs Renters
52% are renters
More info
14 / 20
Above Average
►
15-20
Most Walkable
10-15
Above Average
5-10
Below Average
1-5
Least Walkable
Walkability according to the National Walkability Index
Price history
Price Decrease Apr 8, 2024
| Date | Event | Price | $/sqft | Source |
|---|---|---|---|---|
| Apr 8, 2024 | Price Decrease | $1,025,000 -4.65% | 0 | MLS #ML81951352 |
| Mar 15, 2024 | Price Decrease | $1,075,000 -2.27% | 0 | MLS #ML81951352 |
| Jan 13, 2024 | New Listing | $1,100,000 | 0 | MLS #ML81951352 |
Taxes of 2649 62nd Ave, Oakland, CA, 94605
Mult zoning / MLS #ML81951352
Zoning
Mult
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Frequently Asked Questions about 2649 62nd Ave
What is 2649 62nd Ave?
2649 62nd Ave is a Commercial/Industrial propertywith 3,289 sqft interior space.
What is the rental income?
-
What is the full address of this Commercial?
2649 62nd Ave, Oakland, CA, 94605.
What comparable properties are nearby?
Comparable nearby commercial properties include 5933 Foothill Blvd, 2814 Havenscourt, 6160 International Blvd, 6115 International Blvd, 5323 Fairfax Ave, 7025 International Blvd.
Based on information from the bridgeMLS as of 05-18-2024. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Listing last updated on: Apr 15, 2024
Verhouse Last checked 5 minutes ago
The closest grocery stores are Shop Rite, 0.29 miles away and Gazzail's Supermarket, 0.58 miles away.
The 94605 zip area has a population of 367,191, and 48% of the families have children. The median age is 36.94 years and 73% commute by car. The most popular housing type is "single detached" and 52% is renter.
