1019 East 33rd Street

Oakland, CA 94610

$907,656
Last Sold Price
4
Beds
4
Baths
2,224 Sq. Ft.
$408 / Sq. Ft.
2,224
Sq. Ft.
$408
per Sq. Ft.

Description

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...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.

Listing Agent

  1. Willem Bos

    Willem Bos

    Listing Agent

    Compass

    DRE #02013980

Property Details for 1019 East 33rd Street

City
OAKLAND
Dist Neighborhood Subdiv
OAKLAND
Building Type
FOURPLEX
Property Sub Type
FOURPLEX
Garage Spaces
0
Garage/Parking
Detached Garage, Gate / Door Opener
Park Spaces Total
3
Total # Parking Spaces
3

Location

Listing Courtesy of COMPASS, Willem Bos, DRE #02013980

Sold By OUT OF AREA, OUT OF AREA, DRE #0

Add your commute
LISTING UPDATED: 12/14/2022 02:00 AM

Property Details for 1019 East 33rd Street

StatusSold
MLS #41008998
Days on Compass53
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

Sold By OUT OF AREA, OUT OF AREA, DRE #0

Add your commute

Virtual Tour

Building Information for 1019 East 33rd Street

Stories-Residences4Year Built1923Building Size-Lot Size0.08 AC / 3,488 SF

Payment Calculator

$6,300 per month

30 year fixed, 7.25% Interest

Principal and Interest

$4,953

Property Taxes

$1,347

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: Washer, Dryer
Room Details
  • Rooms Total: 0
  • Additional Rooms: Basement - Storage Area, Basement - Partial
  • Bathrooms Total Count: 0.0
  • Bathrooms Half: 0
Utility Details
  • Cooling: Other
  • Heating: Space Heater
  • Water/Sewer: Other
Lot / Property Details
Home Owners Association
  • HOA Amenities: Other
  • HOA Dues: $.00
Property Details
  • Additional Equipment: Dryer, Garage Door Opener, Washer, Secured Access, Video System, Individual Electric Meter, Individual Gas Meter
  • City Transfer Tax: Yes
  • Complex Name: CAL HIGHLANDS
  • Exterior: Stucco
  • Lot Description: Corner
  • Lot Sq Ft Apx: 3488
  • Lot Size Square Feet: 3488.0
  • Roof: Other
  • Sq Ft Apx: 2224
  • Stories: 0.0
  • Yard Description: Side Yard
  • Year Built: 1923
  • Acres: 0.08
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
  • Parking Description: Detached Garage
  • Existing Lease Terms: Month to Month, Year Lease, Other
  • Tenant Pays: Electric, Gas, Parking, Other
  • Financial Data Source: Owner
Income / Expense Details
  • Annual Rental Income: $71,064
  • Net Operating Income: $49,916
  • Annual Total Oper Expense: $26,137
Unit 1 Details
  • Unit #/Address - 1: A
  • Occupied By 1: Vacant
  • Bedrooms 1: 1
  • Bathrooms 1: 1
  • Apx Sq Ft 1: 550
  • Rent 1: 1900
Unit 2 Details
  • Unit #/Address - 2: B
  • Occupied By 2: Tenant
  • Bedrooms 2: 1
  • Bathrooms 2: 1
  • Apx Sq Ft 2: 550
  • Rent 2: 1500
Unit 3 Details
  • Unit #/Address - 3: C
  • Occupied By 3: Tenant
  • Bedrooms 3: 1
  • Bathrooms 3: 1
  • Apx Sq Ft 3: 550
  • Rent 3: 1650
Unit 4 Details
  • Unit #/Address - 4: D
  • Occupied By 4: Tenant
  • Bedrooms 4: 1
  • Bathrooms 4: 1
  • Apx Sq Ft 4: 550
  • Rent 4: 1172
Multi Family 5+ Information
Building Details
  • ADDTL MISC FEATURES: Extra Storage, Other, Formal Entry
Income / Expense Details
  • Gross Rent Multiplier: $0
Other Financial Information
  • Cap Rate: 0.0
Additional Information
Additional Information
  • Fireplace: No

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$272,200Additions$635,400Total$907,600
Tax Record2023$16,161 ($1,347 / month)
Home Facts
Total Finished SqFt2,224 SqFtAbove Grade Finished SqFt2,224 SqFtStories2Lot Size3,488 SqFtStyleQuadraplexYear Built1923CountyALAMEDAAPN23-395-2

Schools near 1019 East 33rd Street

This home is within Oakland Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Charter - 6 to 12
Rating
School
Distance
Bella Vista Elementary School
PublicK to 5

Edna Brewer Middle School
Public6 to 8

Oakland High School
Public9 to 12

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.

Similar Homes

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Similar Sold Homes

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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 one of the following Multiple Listing Services: San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.