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1019 E 33rd St 4 Unit Apartment Building $1,100,000 ($275,000/Unit) Oakland, CA 94610



Investment Highlights
- Significant capital improvements
- Separately metered for gas and electric.
- Large units with natural light
Executive Summary
Turnkey Fourplex in Prime Ivy Hill 1019 E 33rd St, Oakland. Located in the desirable Ivy Hill neighborhood, this well-maintained four-unit apartment building offers both stability and upside. Tucked into a peaceful residential pocket, the property features (4) spacious 1-bedroom, 1-bath units, with significant capital improvements made over the years, including but not limited to: two fully remodeled units with new water heaters, new roof, and updated flooring. All units are separately metered for gas and electricity. The property also features Well-Kept, low-maintenance landscaping and shared outdoor areas, three secure garages, three storage lockers, and a shared laundry room, offering additional revenue streams. With strong in-place cash flow and low-maintenance systems, this is a low-risk, high-upside investment ideal for both seasoned and first-time multifamily buyers.
Property Facts Under Contract
| Price | $1,100,000 | Building Class | C |
| Price Per Unit | $275,000 | Lot Size | 0.08 AC |
| Sale Type | Investment | Building Size | 2,224 SF |
| Sale Condition | 1031 Exchange | Average Occupancy | 100% |
| No. Units | 4 | No. Stories | 2 |
| Property Type | Multifamily | Year Built/Renovated | 1923/2024 |
| Property Subtype | Apartment | Parking Ratio | 1.35/1,000 SF |
| Zoning | R3 | ||
| Price | $1,100,000 |
| Price Per Unit | $275,000 |
| Sale Type | Investment |
| Sale Condition | 1031 Exchange |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | C |
| Lot Size | 0.08 AC |
| Building Size | 2,224 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built/Renovated | 1923/2024 |
| Parking Ratio | 1.35/1,000 SF |
| Zoning | R3 |
Amenities
Site Amenities
- Security System
- Gated
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 4 | - | - |
1 1
Walk Score®
Very Walkable (75)
Property Taxes
| Parcel Number | 023-0395-002-00 | Improvements Assessment | $661,070 |
| Land Assessment | $283,196 | Total Assessment | $944,266 |
Property Taxes
Parcel Number
023-0395-002-00
Land Assessment
$283,196
Improvements Assessment
$661,070
Total Assessment
$944,266
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1019 E 33rd St
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