$1,375,000
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 basement 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. The property has been seismically retrofitted and is SB-721 compliant.
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Listed by Willem Bos with COMPASS (415) 660-9955
Property Type
Residential Income
Status
Active
MLS Number
41133612
Year Built
1949
Lot Size
5,815 sq ft