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 office 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.
Property Details
- Property SubtypeResidentialIncome
- Property TypeMulti-Family
- Original List Price$1,425,000
- MLS #41073577
- MLS #41073577
- CountyAlameda
- Cost1389000
- Acres0.1335
- Utility SourceOther
- Year Built1949
Location
Legal
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Last Updated: . Source: CRMLS
Listing Courtesy
Listing Agent: Willem Bos (#BMLS-R02013980)
Listing Office: COMPASS (#BMLS-OBBCOMP)
Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.