1019 East 33rd Street

Oakland, CA 94610

$1,050,000
Price
4
Beds
4
Baths
2,224 Sq. Ft.
$472 / Sq. Ft.
2,224
Sq. Ft.
$472
per Sq. Ft.

Description

Open House: Sunday, October 2nd: 11 am - 12 pm Call for offer Date: Wednesday, October 5th, 4 pm. 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...Open House: Sunday, October 2nd: 11 am - 12 pm Call for offer Date: Wednesday, October 5th, 4 pm. 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.

Property Details for 1019 East 33rd Street

City
OAKLAND
Building Type
FOURPLEX
Garage Spaces
0
Garage/Parking
Gate / Door Opener, Detached Garage
Park Spaces Total
3

Location

Listing Courtesy of COMPASS, Willem Bos, DRE #02013980
Add your commute
LISTING UPDATED: 10/01/2022 12:12 PM

Property Details for 1019 East 33rd Street

StatusActive
MLS #41008998
Days on Compass15
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Fourplex
Year Built1923
Lot Size0.08 AC / 3,488 SF
CountyAlameda County

Location

Listing Courtesy of COMPASS, Willem Bos, DRE #02013980
Add your commute

Virtual Tour

Listing Agent

  1. Willem Bos

    Willem Bos

    Listing Agent

    Compass

    DRE #02013980

Building Information for 1019 East 33rd Street

Stories-Residences-Year Built1923Building Size-Lot Size0.08 AC / 3,488 SF

Payment Calculator

$5,645 per month

30 year fixed, 5.89% Interest

Principal and Interest

$4,977

Property Taxes

$668

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1019 East 33rd Street

Features
    Feature Details
  • Flooring: Hardwood Floors
  • Laundry: Dryer, Washer
    Room Details
  • Additional Rooms: Basement - Partial, Basement - Storage Area
    Utility Details
  • Cooling: Other
  • Heating: Space Heater
  • Water/Sewer: Other
Lot / Property Details
    Home Owners Association
  • HOA Amenities: Other
    Property Details
  • Additional Equipment: Dryer, Garage Door Opener, Washer, Secured Access, Video System, Individual Electric Meter, Individual Gas Meter
  • City Transfer Tax: Yes
  • Exterior: Stucco
  • Lot Description: Corner
  • Roof: Other
  • Stories: 0.0
  • Yard Description: Side Yard
    Location Details
  • Directions to Property: Off of Park Blvd
  • FIPS Code: 06001
  • Printed Neighborhood Rpt: Yes
  • Board ID: Bridge AOR
Multi Family Information
    General Details
  • Units Total: 4
  • Basement: Partial, Storage Area
  • Miscellaneous Features: Extra Storage, Other, Formal Entry
  • Parking Description: Detached Garage
  • Existing Lease Terms: Month to Month, Other, Year Lease
  • Tenant Pays: Electric, Gas, Other, Parking
  • Financial Data Source: Owner
    Unit 1 Information
  • Apx Sq Ft: 550
  • Bathrooms: 1
  • Bedrooms: 1
  • Occupied By: Vacant
  • Rent: 1900
  • Unit #/Address: A
    Unit 2 Information
  • Apx Sq Ft: 550
  • Bathrooms: 1
  • Bedrooms: 1
  • Occupied By: Tenant
  • Rent: 1500
  • Unit #/Address: B
    Unit 3 Information
  • Apx Sq Ft: 550
  • Bathrooms: 1
  • Bedrooms: 1
  • Occupied By: Tenant
  • Rent: 1650
  • Unit #/Address: C
    Unit 4 Information
  • Apx Sq Ft: 550
  • Bathrooms: 1
  • Bedrooms: 1
  • Occupied By: Tenant
  • Rent: 1172
  • Unit #/Address: D
    Income / Expense Details
  • Annual Rental Income: $71,064
  • Net Operating Income: $49,916
  • Annual Total Oper Expense: $26,137
Multi Family 5+ Information
    Income / Expense Details
  • Gross Rent Multiplier: $0
    Other Financial Information
  • Cap Rate: 0.0

Property History for 1019 East 33rd Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1019 East 33rd Street

Taxable ValueLand$120,413Additions$280,965Total$401,378
Tax Record2021$8,010 ($668 / month)
Home Facts
Total Finished SqFt2,224 SqFtAbove Grade Finished SqFt2,224 SqFtStories2Lot Size3,488 SqFtStyleQuadraplexYear Built1923Year Renovated1923CountyALAMEDAAPN23-395-2

Schools near 1019 East 33rd Street

This home is within Oakland Unified School District.
RatingSchoolTypeGradesDistance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - K to 5
RatingSchoolDistance
Bella Vista Elementary School
PublicK to 5

Edna Brewer Middle School
Public6 to 8

Oakland High School
Public9 to 12

Manzanita Seed
PublicK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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1019 East 33rd Street is a multi-family home for sale in Oakland, CA 94610. This property was listed for sale on September 19, 2022 by Compass at $1,050,000. It has been on the market for a total of 15 days and was last sold on March 29, 2002. This listing's school district is Oakland Unified School District. Nearby schools include Bella Vista Elementary School, Edna Brewer Middle School and Oakland High School. 1019 East 33rd Street is a 4-bed, 4-bath, 2,224 sqft multi-family home built in 1923.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of COMPASS, Willem Bos, DRE #02013980

Based on information from the San Francisco Association of Realtors as of 09/19/2022 12:00 AM, the MLSListings MLS as of 09/19/2022 12:00 AM, or the BAREIS MLS as of 09/19/2022 12:00 AM. MLS data is deemed reliable but is not guaranteed accurate by the MLS. Information is provided for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Information being provided is for consumers’ personal, non-commercial use and may not be used for any purposes other than to identify prospective properties consumers may be interested in purchasing. Data last updated on 10/01/2022 12:12 PM