33 Home Place East

Oakland, CA 94610

$1,389,000
Price
Beds
5,019 Sq. Ft.
$277 / Sq. Ft.
5,019
Sq. Ft.
$277
per Sq. Ft.

Description

33 Home Place East, a unique five-unit apartment complex in the heart of Oakland’s Ivy Hill Neighborhood. The property features (3) large two-bedroom units and (2) three-bedroom, one-bathroom units. This property also features a 500 sf office below with full bath for potential ADU in the future (Buyer to do their own research) Situated near the end of a quiet cul-de-sac, tenants are offered security with easy access to the 580 freeway and local shops and restaurants. This day-one cash-flowing property...33 Home Place East, a unique five-unit apartment complex in the heart of Oakland’s Ivy Hill Neighborhood. The property features (3) large two-bedroom units and (2) three-bedroom, one-bathroom units. This property also features a 500 sf office below with full bath for potential ADU in the future (Buyer to do their own research) Situated near the end of a quiet cul-de-sac, tenants are offered security with easy access to the 580 freeway and local shops and restaurants. This day-one cash-flowing property offers rental upside and is strategically positioned to deliver long-term returns through unit remodels and upgrades. The property’s ability to attract premium tenants and maintain a meager vacancy rate provides potential investors security and stability.

Listing Agent

  1. Willem Bos

    Willem Bos

    Listing Agent

    Compass

    DRE #02013980

    willem.m.bos@compass.com

    P: (916)-698-9954

Property Details for 33 Home Place East

City
OAKLAND
Building Type
5 or More Units
Property Sub Type
5 or More Units
Total # Parking Spaces
8
LISTING UPDATED: 11/05/2024 12:18 AM

Property Details for 33 Home Place East

StatusActive
MLS #41073577
Days on Compass94
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS Type5+ Units / Five or More Units
Year Built1949
Lot Size0.13 AC / 5,815 SF
CountyAlameda County

Building Information for 33 Home Place East

Stories-Residences5Year Built1949Building Size-Lot Size0.13 AC / 5,815 SF

Property Information for 33 Home Place East

Features
Feature Details
  • Flooring: Wood
  • Laundry: Common Room
  • Disability Features: Other
Room Details
  • Additional Rooms: Basement - Storage Area, Basement - Unfinished
Utility Details
  • Cooling: Other
  • Heating: Other Heat
  • Water/Sewer: Other
Lot / Property Details
Home Owners Association
  • HOA Amenities: Other
Property Details
  • Additional Equipment: Other
  • City Transfer Tax: Yes
  • Exterior: Stucco
  • Lot Description: Other
  • Lot Sq Ft Apx: 5815
  • Lot Size Square Feet: 5815.0
  • Roof: Other
  • Sq Ft Apx: 5019
  • Year Built: 1949
Location Details
  • Directions to Property: Right of McKinley Ave
  • FIPS Code: 06001
  • Census Tract: yes
  • Printed Neighborhood Rpt: Yes
  • Board ID: Bridge AOR
  • Street Direction: E
Multi Family Information
General Details
  • All Units Have: Other
  • Units Total: 5
  • Basement: Other, Separate Entry, Storage Area, Unfinished
  • Separate Meters: Electric, Gas
  • Tenant Pays: Electric, Gas
  • Financial Data Source: Owner
Multi Family 5+ Information
Unit 1
  • Unit # 1 Occupied By: Tenant
  • Unit # 1 # of Bedrooms: 2
  • Unit # 1 # of Bathrooms: 1
  • Unit # 1 Parking Spaces: 1
  • Unit # 1 Approx SqFt: 900
  • Unit # 1 Rent: 3
Unit 3
  • Unit # 3 Occupied By: Vacant
  • Unit # 3 # of Bedrooms: 3
  • Unit # 3 # of Bathrooms: 1
  • Unit # 3 Approx SqFt: 1100
  • Unit # 3 Rent: 2
Building Details
  • Additional Features-Misc: Other
  • Apx Lot Acres: 0
  • Inspection Reports Available: Pest
  • On Site Parking Description: Garage Parking
  • Tot Ann Oper Exp: 39554.0
Income / Expense Details
  • Gross Income: $150,583
  • Gross Rent Multiplier: 8.9
  • Net Operating Income: $111,317
Other Financial Information
  • Cap Rate: 8.05
  • Existing Loan: ARM
  • Ocpnt Req 24 Hr: Yes
Additional Information
Additional Information
  • Fireplace: No

Property History for 33 Home Place East

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 33 Home Place East

Taxable ValueLand$132,172Additions$308,914Total$441,086
Tax Record2024$10,323 ($860 / month)
Home Facts
Total Finished SqFt5,019 SqFtAbove Grade Finished SqFt5,019 SqFtStories3Lot Size5,815 SqFtStyleMulti-Family Res (5+ Units)Year Built1949CountyALAMEDAAPN23-403-20-1

Schools near 33 Home Place East

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
Cleveland 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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33 Home Place East is a multi-family home for sale in Oakland, CA 94610. This property was listed for sale on September 18, 2024 by Compass, it's currently listed at $1,389,000. This listing's school district is Oakland Unified School District. Nearby schools include Cleveland Elementary School, Edna Brewer Middle School and Oakland High School. 33 Home Place East is a 0-bed, 0-bath, 5,019 sqft multi-family home built in 1949.

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 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.