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Sold for $907,656 on 12/13/22
  • $907,656

    1019 E 33rd St, Oakland, CA 94610

    4beds
    4baths
    2,224sqft
    Quadruplex
    Built in 1923
    -- sqft lot
    $877,200 Zestimate®
    $408/sqft
    $2,015 Estimated rent

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    What's special

    The Bos Group is excited to present this exclusive listing at 1019 E 33rd St in the desirable Ivy Hill location. Nestled away in a quiet neighborhood, this 4-unit apartment building has gone through extensive capital improvements throughout the years, while also offering tenants upscale landscaping and common areas. The structure is a fourplex featuring (4) spacious one-bedroom, one-bathroom units. One of the units will be delivered vacant by September, allowing the perfect opportunity for an owner-occupant or house hacker. Separately metered gas and electricity means there are low overhead expenses. The shared laundry room, 3 storage lockers, and 3 secured garages are all additional sources of income. See list of upgrades on Disclosure.IO link on Homelight. 1019 E 33rd St is priced to sell with a generous return of 4.77% on day one. It is offered at a 4.80% CAP and with over 20% rental upside, still has plenty of meat on the bones. 1019 E 33rd St is a great deal for any investor who is looking for a turnkey acquisition boasting low risk and major long-term upside.

    Zillow last checked: 8 hours ago

    Listing updated: December 14, 2022 at 02:04am

    Listed by:

    Willem Bos DRE #02013980 916-698-9954,

    COMPASS

    Bought with:

    OUT OF AREA, DRE #0

    OUT OF AREA

    Source: bridgeMLS/CCAR/Bay East AOR,MLS#: 41008998MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 4
    Heating
    • Space Heater
    Cooling
    • Other
    Appliances
    • Included: Dryer, Washer
    Features
    • Storage, Formal Entry
    • Basement: Partial,Storage Space
    Interior area
    • Total structure area: 2,224
    • Total interior livable area: 2,224 sqft

    Property

    Parking
    • Parking features: Garage Door Opener, Detached
    • Has garage: Yes
    Features
    • Exterior features: Side Yard
    Lot
    • Size: 3,484 sqft
    Details
    • Parcel number: 233952
    • Special conditions: Offer As Is

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Quadruplex
    Materials
    • Stucco
    Condition
    • Year built: 1923

    Utilities & green energy

    • Utilities for property: Other Water/Sewer, Individual Electric Meter, Individual Gas Meter

    Community & neighborhood

    Security
    • Security features: Secured Access, Closed Circuit Camera(s)
    Location
    • Region: Oakland

    Other

    Other facts
    • Listing terms: Call Listing Agent
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    Estimated market value
    $877,200