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2133 34th Avenue

Oakland, CA 94601

6 beds
3 baths
2,839 sqft
4,500 sqft lot
$352 per sqft
1964 build
– on site

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.

Listing courtesy of SFMLS / Fifty Hills Real Estate

Last checked: Checking… • Last updated Oct 14, 2024 •

MLS# 424042455 —

The Building

Year Built:

1964
Construction Materials:

Stucco
Levels:

Two
Building Area Total:

2839
Building Area Units:

Square Feet
Building Area Source:

Assessor Agent-Fill

Interior

Flooring:

Carpet

Room Dimensions

Living Area:

2839
Living Area Units:

Square Feet
Living Area Source:

Assessor Agent-Fill

Location

Cross Street:

foothill blvd
Latitude:

37.7844784
Longitude:

-122.2195078

The Property

Parcel Number:

27881331
Property Type:

Residential Income
Property Sub Type:

Triplex
Lot Features:

Sidewalk
Lot Size Area:

4500
Lot Size Acres:

0.1033
Lot Size Square Feet:

4500
Lot Size Units:

Square Feet
Irrigation Water Rights:

false
Elevation Units:

Feet

Listing Agent

Contact info:

Beds

Bedrooms Total:

6

Baths

Bathrooms Total:

3
Bathrooms Full:

3

Heating & Cooling

Heating:

Wall Furnace
Heating:

true
Cooling:

false
Cooling:

None

Utilities

Utilities:

City
Electric:

Separate Meter

The Community

Association:

false

Parking

Garage:

true
Carport:

false
Parking Total:

6
Parking Features:

Covered
Covered Spaces:

3
Open Parking:

false

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Transit Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
10/8/24 Oct 8, 2024	Listed / Active	SFMLS	$1,000,000

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This multifamily located in Fruitvale, Oakland, CA 94601 is currently for sale for $1,000,000. 2133 34th Avenue is a 2,839 square foot multifamily with 6 beds and 3 baths that has been on Estately for 79 days. 2133 34th Avenue is in the Fruitvale neighborhood of Oakland and has a WalkScore® of 88, making it very walkable. This multifamily is in the attendance area of Manzanita Community School, Urban Promise Academy, United For Success Academy, Fremont High School, and Manzanita Seed.

Listing Courtesy of: SFMLS and Fifty Hills Real Estate.

Based on information from the SFMLS 2024. All information provided is deemed reliable but is not guaranteed and should be independently verified. SFMLS, Estately and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser SFMLS and Estately assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law.