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Listed by Willem Bos • COMPASS
$1,375,000
Est. payment /mo
5,019 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type 5 or More Units
Listing Status Active
Purchase Type For Sale
Square Footage 5,019 sqft
Price per Sqft $273
Subdivision Oakland
MLS Listing ID 41133612
HOA Y/N No
Year Built 1949
Lot Size 5,815 Sqft
Property Sub-Type 5 or More Units
Source Bridge AOR
Property Description
33 Home Place East, a unique five-unit apartment complex in the heart of Oakland's Ivy Hill Neighborhood. The property features (3) large two-bedroom units and (2) three-bedroom, one-bathroom units. This property also features a 500 sf basement below with full bath for potential ADU in the future (Buyer to do their own research) Situated near the end of a quiet cul-de-sac, tenants are offered security with easy access to the 580 freeway and local shops and restaurants. This day-one cash-flowing property offers rental upside and is strategically positioned to deliver long-term returns through unit remodels and upgrades. The property's ability to attract premium tenants and maintain a meager vacancy rate provides potential investors security and stability. The property has been seismically retrofitted and is SB-721 compliant.
Location
State CA
County Alameda
Interior
Heating Other
Cooling Other
Flooring Wood
Fireplace No
Building
Lot Description Other
Water Other
Others
Special Listing Condition Standard
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