2247 Ivy Drive
$1,225,000
—
5,568
5,568
$220
Listed By Compass
Description
This 5-unit multifamily investment opportunity located in the Ivy Hill neighborhood in Oakland California, offers a promising financial future. The 5,568 square foot property consists of three large 2 bedroom/1 bathroom units and two spacious 1 bedroom/1 bathroom units in a three-story building of wood frame and stucco construction. The property features private entries, central heating, new kitchens with stainless steel appliances, new bathrooms, and a low-maintenance landscape. Tenants are separately...This 5-unit multifamily investment opportunity located in the Ivy Hill neighborhood in Oakland California, offers a promising financial future. The 5,568 square foot property consists of three large 2 bedroom/1 bathroom units and two spacious 1 bedroom/1 bathroom units in a three-story building of wood frame and stucco construction. The property features private entries, central heating, new kitchens with stainless steel appliances, new bathrooms, and a low-maintenance landscape. Tenants are separately metered for PG&E, ensuring remarkably low operating expenses for new ownership. In addition, the building was recently seismically retrofitted, saving any investor the headache and cost of completing this big ticket item themselves. 2247 Ivy Dr is located in the desirable Ivy Hill neighborhood, just 3 minutes away from Oakland’s Lake Merritt. Tenants can enjoy all the lake activities, as well as nearby restaurants, cafes, parks, and shopping, making this property a sound investment with promising financial benefits.
Listing Agent
Property Details for 2247 Ivy Drive
City
OAKLAND
Building Type5 or More Units
Property Sub Type5 or More Units
Total # Parking Spaces4
LISTING UPDATED: 11/01/2024 01:50 AM
Property Details for 2247 Ivy Drive
Status | Active |
---|---|
MLS # | 41073115 |
Days on Compass | 70 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | 5+ Units / Five or More Units |
Year Built | 1941 |
Lot Size | 0.11 AC / 5,000 SF |
County | Alameda County |
Building Information for 2247 Ivy Drive
Stories-Residences5Year Built1941Building Size-Lot Size0.11 AC / 5,000 SF
Property Information for 2247 Ivy Drive
Property History for 2247 Ivy Drive
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 2247 Ivy Drive
Taxable ValueLand$656,178Additions$1,062,680Total$1,718,858
Tax Record2024$43,338 ($3,612 / month)
Home Facts
Total Finished SqFt5,568 SqFtAbove Grade Finished SqFt5,568 SqFtStories2Lot Size5,000 SqFtStyleMulti-Family Res (5+ Units)Year Built1941CountyALAMEDAAPN22-338-15
Schools near 2247 Ivy Drive
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 - | 9 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 | ||
AIMS College Prep High Charter9 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.
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