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Listed by NAI Northern California
$ 895,000
Est. payment | /mo
3,337 SqFt
$ 895,000
Est. payment | /mo
3,337 SqFt
Key Details
Property Type Commercial
Sub Type 5 or More Units
Listing Status Pending
Purchase Type For Sale
Square Footage 3,337 sqft
Price per Sqft $268
Subdivision Bella Vista
MLS Listing ID 41134284
HOA Y/N No
Year Built 1923
Lot Size 3,937 Sqft
Property Sub-Type 5 or More Units
Source Bridge AOR
Property Description
The property is a 5-unit multifamily property situated in Oakland's Bella Vista neighborhood. The approximately 3,337 square foot property consists of a front 3-bedroom/1-bath single-family home and four (4) rear studio units, offering a unique mixed-residential configuration with strong in-place income and rental upside. Current rents provide value-add potential, while an on-site office with bath and two separate garages offer additional income opportunities. The property has benefited from significant capital improvements, including a complete electrical upgrade, plumbing upgrades, a new roof on the front house, and a seismic retrofit, reducing near-term capital expenditure needs for a new owner. With attractive architecture, a desirable unit mix, and long-term upside, 1112 E 33rd Street presents a compelling opportunity for investors seeking cash flow and growth in a supply-constrained Oakland submarket.
Location
State CA
County Alameda
Interior
Heating Wall Furnace
Cooling None
Flooring Hardwood, Carpet
Fireplace No
Building
Lot Description Landscaped
Water Public
"We would love to put our experience and successful track record to work for you. Top 1% in California" Kevin & Naomi Kieffer Compass Homes@EastBayPro.com or M. 925-300-8000"