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Listed by Timothy Warren, DRE #02008347 • NAI Northern California
$ 895,000
Est. payment /mo
New
1112 E 33Rd St Oakland, CA 94610
3,337 SqFt
UPDATED:
Key Details
Property Type Multi-Family, Commercial
Sub Type Five or More Units
Listing Status Active
Purchase Type For Sale
Square Footage 3,337 sqft
Price per Sqft $268
MLS Listing ID EB41134284
Year Built 1923
Lot Size 3,937 Sqft
Property Sub-Type Five or More Units
Source Bridge MLS
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
Area Oakland Zip Code 94610
Interior
Heating Wall Furnace
Cooling None
Flooring Carpet - Wall to Wall, Hardwood
Exterior
Exterior Feature Stucco
Parking Features Attached Garage
Garage Spaces 2.0
Roof Type Composition
Building
Water Heater - Gas
Others
Tax ID 23-393-12
Special Listing Condition New, Not Applicable
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