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SOLD
$907,656
Date 12/13/2022

1019 33rd St
Oakland, CA 94606

Fourplex
Residential Income
0.0801
Acre Lot
Listing Agent: Willem Bos CalDRE: 02013980 - COMPASS
Showcase> California> Oakland> 94606
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.
41008998
Residential Income - Fourplex, Other
1923
Alameda
0.0801 Acres
Stucco
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The scores below measure the walkability of the address, access to public transit of the area and the convenience of using a bike on a scale of 1-100

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Listing Agent: Willem Bos CalDRE: 02013980 - COMPASS
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