GetMyHome
‪(213) 433-7766‬

1123 65th St, Oakland, California 94608, Oakland, - bed, bath

home-pic
ACTIVE$1,000,000
1123 65th St, Oakland, California 94608
0Bed
0Bath
Sqft
3,658Lot
Year Built
1925
Close
-
List price
$1M
Original List price
$1M
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
41110642
Home ConditionFair
Features
Patio
View-

About this home

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 having income from the 2nd unit help pay their mortgage. With RM-3 zoning, the potential for this property is boundless! The front house has off-street parking and a spacious, high-ceiling basement, ideal for conversion into a third unit, maximizing rental income potential. Meanwhile, the back house also features a full, usable basement with expansion possibilities. Each home has private entrances, individual outdoor spaces, separate utilities, and updated interiors. Both homes are tenant-occupied at market rents. Situated just 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.

Nearby schools

6/10
Malcolm X Elementary School
Public,•K-5•0.8mi
1/10
Sankofa Academy
Public,•PK-5•1.2mi
6/10
Leconte Elementary School
Public,•K-5•1.5mi
8/10
Peralta Elementary School
Public,•K-5•1.5mi
7/10
Washington Elementary School
Public,•K-5•1.5mi
2/10
Emerson Elementary School
Public,•K-5•1.8mi
2/10
Hoover Elementary School
Public,•K-5•1.8mi
7/10
Emerson Elementary School
Public,•K-5•2.1mi
6/10
John Muir Elementary School
Public,•K-5•2.3mi
5/10
Oxford Elementary School
Public,•K-5•2.9mi
7/10
Cragmont Elementary School
Public,•K-5•3.3mi
4/10
Anna Yates Elementary School
Public,•K-8•0.8mi
8/10
Willard Middle School
Public,•6-8•1.7mi
6/10
Claremont Middle School
Public,•6-8•1.9mi
2/10
Westlake Middle School
Public,•6-8•2.7mi
3/10
West Oakland Middle School
Public,•6-8•2.7mi
5/10
Emery Secondary School
Public,•9-12•0.9mi
8/10
Berkeley High School
Public,•9-12•1.7mi
2/10
Oakland International High School
Public,•9-12•1.7mi
7/10
Oakland Technical High School
Public,•9-12•2.1mi
3/10
Mcclymonds High School
Public,•9-12•2.1mi
2/10
Fremont High
Public,•9-12•6.6mi

Price History

Date
Event
Price
09/05/25
Listing
$1,000,000
Neighborhood Comparison
 SubjectAverage HomeNeighbourhood Ranking (52 Listings)
Beds03
Baths02
Square foot01,320
Lot Size3,6583,600
53%
Price$1M$810K
79%
Price per square foot$0$553
Built year19251912
77%
HOA
Days on market62156
2%
Condition Rating
Fair
The property was built in 1925, making it nearly 100 years old. While the description mentions 'updated interiors' and the exterior appears maintained, there are no interior images provided to assess the condition, style, and features of the kitchen, bathrooms, flooring, or other critical components. The absence of interior photos for a property with 'updated interiors' suggests these updates may not be recent or extensive enough to warrant a higher score. The property is tenant-occupied at market rents, indicating it is functional and livable, but without visual evidence of recent, high-quality renovations, it's likely that major components are functional but may show signs of being outdated, aligning with a 'Fair' condition.
Pros & Cons

Pros

Multi-Unit Income Potential: This property features a two-house compound with both units currently tenant-occupied at market rents, offering immediate and substantial rental income for investors or owner-occupiers.
Significant Development Potential: With RM-3 zoning and spacious, high-ceiling basements in both the front and back houses, there is considerable potential for conversion into additional units, maximizing rental income and property value.
Prime NOBE Location: Situated in the highly sought-after NOBE neighborhood, just one block from Emeryville and two blocks from Berkeley, providing an unbeatable location with strong demand.
Excellent Accessibility & Amenities: The property boasts quick access to major thoroughfares (80/580) for easy commuting and is surrounded by abundant shopping and dining options, including Berkeley Bowl West, Bay Street, and Emeryville Public Market.
Independent Units with Updates: Each home benefits from private entrances, individual outdoor spaces, separate utilities, and updated interiors, enhancing tenant appeal and operational efficiency.

Cons

Age of Property & Potential for System Upgrades: Built in 1925, the property is nearly a century old, which may imply the need for significant future capital expenditures for major system updates (e.g., plumbing, electrical, HVAC, roof) despite updated interiors.
Tenant Occupancy Constraints: While providing income, existing tenant occupancy can complicate the sales process, limit buyer flexibility for immediate owner-occupancy or extensive renovations, and lease terms might not align with a new owner's plans.
Limited Information on Major System Condition: The description highlights updated interiors but lacks specific details on the condition of major structural and mechanical systems, suggesting a buyer should anticipate potential unforeseen costs typical of properties of this age.

Best solution for experienced home buyers!

Data-driven home buying experience with our licensed real estate agents and cutting-edge AI

Browse Properties by State Browse market stats by State