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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 Active
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