2133 34th Avenue

Oakland, CA 94601

$1,000,000
Price
6
Beds
3
Baths
2,839 Sq. Ft.
$352 / Sq. Ft.
2,839
Sq. Ft.
$352
per Sq. Ft.

Description

Strategically located in Fruitvale District between I-580 and I-880, 2133 34th Avenue is a rare opportunity to acquire a turnkey 3 unit apartment building in the emerging Oakland Market. The asset features (1) One Bedroom One Bathroom Unit, (1) Two Bedroom One Bathroom Units, and (1) 3 Bedroom One Bathroom Unit., Three covered parking spots, each with one additional tandem uncovered spot totaling 6 parking spots. Unit 2 was remodeled in 2023, and Unit 3 was remodeled in 2022. Potential to add coin...Strategically located in Fruitvale District between I-580 and I-880, 2133 34th Avenue is a rare opportunity to acquire a turnkey 3 unit apartment building in the emerging Oakland Market. The asset features (1) One Bedroom One Bathroom Unit, (1) Two Bedroom One Bathroom Units, and (1) 3 Bedroom One Bathroom Unit., Three covered parking spots, each with one additional tandem uncovered spot totaling 6 parking spots. Unit 2 was remodeled in 2023, and Unit 3 was remodeled in 2022. Potential to add coin operated laundry machines for additional income. Close proximity to mass transit. Offered at an attractive 6.35% CAP Rate/10.89 GRM and Pro Forma CAP Rate 6.75%/10.47 GRM, the complex will immediately provide investors with great cash flow on day one with potential for future upside.
  1. Listed by Brandon Tran • DRE #01926337 • Brokerage DRE #02014153 • Fifty Hills Real Estate
  2. Listed by Patrick Gonzales • DRE #02050639 • Brokerage DRE #02014153 • Fifty Hills Real Estate

Property Details for 2133 34th Avenue

Parking Features
Covered, Tandem Garage
Cross Street
foothill blvd
Total Parking Spaces
6
LISTING UPDATED: 09/16/2024 02:00 PM

Property Details for 2133 34th Avenue

StatusActive
MLS #424042455
Days on Compass187
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Triplex
Year Built1964
Lot Size0.10 AC / 4,499 SF
CountyAlameda County

Building Information for 2133 34th Avenue

Stories-Residences3Year Built1964Building Size-Lot Size0.10 AC / 4,499 SF

Property Information for 2133 34th Avenue

Summary
Location and General Information
  • Area/District: Oakland Zip 94601
  • Area Short Display: 2601
  • Location Description: Oakland Zip 94601
Taxes and HOA Information
  • APN: 27-881-33-1
  • City Transfer Tax Rate: .00%
  • County Transfer Tax Rate: .00%
  • Association: No
Parking
  • Covered Spaces: 3
  • Independent Parking Spaces: 0
  • Carport Spaces: 0
  • Garage Spaces: 0
  • Tandem Parking Spaces: 3
  • Open Parking Spaces: 0
  • Num of Parking Spaces: 6.0
  • Parking: Covered, Tandem Garage
Virtual Tour
  • Virtual Media Count: 0
Property
Lot Information
  • Square Footage Source: Assessor Agent-Fill
  • Lot Size Source: Assessor Agent-Fill
  • Lot Features: Sidewalk, None
Property and Assessments
  • Possession: Close of Escrow, Subject To Tenant Right
  • Picture Count: 5
  • Photos Provided By: Agent
  • Elevation: 0
  • Units Furnished: None
Green Features
  • Green Verification Year: 0
Utilities
  • Separate Meters: Electricity
  • Utilities: City, Internet Available, Natural Gas Connected
Interior and Exterior Features
Exterior Features
  • Elevation Units: Feet
  • # of Floors: 0
  • # of Guest Space(s): 0
  • # Of Buildings: 0
  • Construction Materials: Stucco
  • Stories: 0
  • Levels: Two
Interior Features
  • Heating: Wall Furnace
  • Cooling: None
  • Flooring: Carpet, Vinyl
  • Full Bathrooms: 0
  • # of Rooms: 15
Room Information
1 Bedroom Unit
  • # of 1 Bedroom Units: 1
  • 1 Bedroom Annual Occupancy: .00%
  • # of 1 Bedrooms Occupied: 1
2 Bedroom Unit
  • # of 2 Bedroom Units: 1
  • 2 Bedroom Annual Occupancy: .00%
  • # of 2 Bedrooms Occupied: 1
3 Bedroom Unit
  • # of 3 Bedroom Units: 1
  • 3 Bedroom Annual Occupancy: .00%
  • # of 3 Bedrooms Occupied: 1
4 Bedroom Unit
  • # of 4 Bedroom Units: 0
  • 4 Bedroom Annual Occupancy: .00%
  • # of 4 Bedrooms Occupied: 0
Multi Family
Income & Expenses
  • Gross Rent Multiplier: 10.38
  • Gross Income Multiplier: 0.0
  • Utilities Expense: 0.0
Multi-Family Information
  • # Commercial Units: 0
  • Total # Owner Occupied: 0
  • # Studios Occupied: 0
  • # of Studio Units: 0
  • # of Units: 3
  • # Of Units Total: 3
  • # Of Units Vacant: 0
  • # Of Units Leased: 3
  • Total # Leasable: 0
  • Total # Section 8: 1
Unit 1
  • Unit 1 Bedrooms: 1
  • Unit 1 Description: Unit 1: 1 bedroom 1 bath
  • Unit 1 Full Baths: 1
  • Unit 1 Partial Baths: 0
  • Unit 1 Occupancy: Tenant
  • Unit 1 Rent Source: Rental
  • Unit 1 Rent: $2,064.00
  • Unit 1 Approx SqFt: 936.0
  • Unit 1 SqFt Source: Not Measured
  • Unit 1 # of Rooms: 0
  • Unit 1 Type: Apartment
Unit 2
  • Unit 2 Bedrooms: 2
  • Unit 2 Description: Unit 2: 2 bedroom 1 bath
  • Unit 2 Full Baths: 1
  • Unit 2 Partial Baths: 0
  • Unit 2 Occupancy: Tenant
  • Unit 2 Rent Source: Rental
  • Unit 2 Rent: $2,465.00
  • Unit 2 Approx SqFt: 936.0
  • Unit 2 SqFt Source: Not Measured
  • Unit 2 # of Rooms: 0
  • Unit 2 Type: Apartment
Unit 3
  • Unit 3 Bedrooms: 3
  • Unit 3 Description: Unit 3: 3 bedroom 1 bath
  • Unit 3 Full Baths: 1
  • Unit 3 Partial Baths: 0
  • Unit 3 Occupancy: Tenant
  • Unit 3 Rent Source: Rental
  • Unit 3 Rent: $3,500.00
  • Unit 3 Approx SqFt: 936.0
  • Unit 3 # of Rooms: 3
  • Unit 3 Type: Apartment
Unit 4
  • Unit 4 Bedrooms: 0
  • Unit 4 Full Baths: 0
  • Unit 4 Partial Baths: 0
  • Unit 4 Rent: $.00
  • Unit 4 Approx SqFt: 0.0
  • Unit 4 # of Rooms: 0
Rental
Rent Information
  • # Of Units Month to Month: 0
  • Studio Annual Occupancy: .00%
  • Tenant Pays: Cable TV, Electricity

Property History for 2133 34th Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 2133 34th Avenue

Taxable ValueLand$114,923Additions$268,153Total$383,076
Tax Record2024$7,926 ($661 / month)
Home Facts
Total Finished SqFt2,839 SqFtAbove Grade Finished SqFt2,839 SqFtStories2Lot Size4,500 SqFtStyleTriplexYear Built1964CountyALAMEDAAPN27-881-33-1

Schools near 2133 34th Avenue

This home is within Oakland Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - K to 5
Public - 6 to 8
Public - 6 to 8
Rating
School
Distance
Manzanita Community
PublicK to 5

Manzanita Seed
PublicK to 5

Urban Promise Academy
Public6 to 8

United For Success Academy
Public6 to 8

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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2133 34th Avenue is a multi-family home for sale in Oakland, CA 94601. This property was listed for sale on June 17, 2024 by Fifty Hills Real Estate, it's currently listed at $1,000,000. This listing's school district is Oakland Unified School District. Nearby schools include Manzanita Community, Manzanita Seed and Urban Promise Academy. 2133 34th Avenue is a 6-bed, 3-bath, 2,839 sqft multi-family home built in 1964.

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. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Fifty Hills Real Estate, Brandon Tran, DRE #01926337; Fifty Hills Real Estate, Patrick Gonzales, DRE #02050639

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.