1112 E 33Rd St, Oakland, CA 94610

Description

The property is a 5-unit multifamily property situated in Oakland’s Bella Vista neighborhood. The approximately 3,337 square foot property consists of a front 3-bedroom/1-bath single-family home and four (4) rear studio units, offering a unique mixed-residential configuration with strong in-place income and rental upside. Current rents provide value-add potential, while an on-site office with bath and two separate garages offer additional income opportunities. The property has benefited from significant capital improvements, including a complete electrical upgrade, plumbing upgrades, a new roof on the front house, and a seismic retrofit, reducing near-term capital expendi...