1656 33rd Ave, Oakland, California 94601, Oakland, - bed, bath
PENDING$499,000
1656 33rd Ave, Oakland, California 94601
0Bed
0Bath
Sqft
2,170Lot
Year Built
1926
Close
-
List price
$499K
Original List price
$499K
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
41114864
Home ConditionPoor
Features
View-
About this home
Charming TRIPLEX in Oakland’s vibrant Fruitvale neighborhood, just minutes from BART, shopping, dining, and freeway access. This corner-lot property offers great appeal, natural light, and the convenience of an Attached Garage. The property includes one 3BD/1BA unit and two 1BD/1BA units, with 2 units updated in recent years along with the roof. Whether you’re looking to expand your investment portfolio or live in one unit while renting the others, this is a rare opportunity to own a Triplex in Oakland. Strong local rental demand provides steady income now and excellent long-term upside as rents align with market. Enjoy the comfort of homeownership along with the financial benefits of a Multi-Unit property. Excellent location, solid bones, and plenty of potential for future cash flow growth. Please do not disturb occupants.
Nearby schools
3/10
International Community School
Public,•K-5•0.4mi
5/10
Think College Now School
Public,•K-5•0.4mi
2/10
Global Family School
Public,•K-5•0.5mi
3/10
Manzanita Seed
Public,•K-5•0.8mi
2/10
Allendale Elementary School
Public,•K-5•1.1mi
4/10
Fruitvale Elementary School
Public,•K-5•1.2mi
2/10
Horace Mann Elementary School
Public,•K-5•1.2mi
8/10
Edison Elementary School
Public,•K-5•1.3mi
5/10
Glenview Elementary School
Public,•K-5•1.7mi
4/10
Urban Promise Academy
Public,•6-8•0.1mi
3/10
United For Success Academy
Public,•6-8•0.4mi
4/10
Roosevelt Middle School
Public,•6-8•1.0mi
3/10
Melrose Leadership Academy
Public,•PK-8•1.4mi
6/10
Edna Brewer Middle School
Public,•6-8•1.6mi
2/10
Bret Harte Middle School
Public,•6-9•1.6mi
9/10
Lincoln Middle School
Public,•6-8•2.1mi
1/10
Roots International Academy
Public,•6-8•2.1mi
2/10
Fremont High
Public,•9-12•0.8mi
9/10
Alameda High School
Public,•9-12•1.8mi
4/10
Oakland High School
Public,•9-12•1.8mi
3/10
Coliseum College Prep Academy
Public,•6-12•2.1mi
4/10
Skyline High School
Public,•9-12•3.4mi
2/10
Oakland International High School
Public,•9-12•4.2mi
Price History
Date
Event
Price
10/15/25
Listing
$499,000
Neighborhood Comparison
| Subject | Average Home | Neighbourhood Ranking (11 Listings) | |
|---|---|---|---|
| Beds | 0 | 0 | |
| Baths | 0 | 0 | |
| Square foot | 0 | 0 | |
| Lot Size | 2,170 | 4,945 | 17% |
| Price | $499K | $622K | 25% |
| Price per square foot | $0 | $0 | |
| Built year | 1926 | 9705973 | 33% |
| HOA | |||
| Days on market | 22 | 212 | 8% |
Condition Rating
Poor
Built in 1926, the property shows significant signs of age. The provided images of the kitchen and bathroom reveal extremely outdated fixtures, appliances, cabinetry, and flooring, suggesting these areas require substantial rehabilitation. While the listing mentions '2 units updated in recent years along with the roof,' the visual evidence contradicts a high overall condition, indicating either the updates were minor cosmetic changes or these images represent the un-updated unit, which is in poor condition. The property has 'solid bones' but the interior finishes are very old-fashioned and need major renovation to meet current standards.
Pros & Cons
Pros
Income-Generating Triplex: This property is a charming triplex, offering immediate income potential and the flexibility for an owner to live in one unit while renting out the others, providing strong financial benefits and long-term cash flow growth.
Prime Location & Accessibility: Located in Oakland's vibrant Fruitvale neighborhood, the property boasts excellent accessibility, being minutes from BART, shopping, dining, and freeway access, which is highly attractive to tenants.
Recent Updates: Two of the units and the roof have been updated in recent years, reducing immediate capital expenditure for a new owner and enhancing tenant appeal.
Strong Rental Demand: The area benefits from strong local rental demand, ensuring steady income and excellent long-term upside as rents align with market rates.
Desirable Features: As a corner-lot property, it offers great appeal and natural light, complemented by the convenience of an attached garage, a valuable amenity in an urban setting.
Cons
Age of Property: Built in 1926, the property's age suggests potential for older infrastructure, systems, or deferred maintenance in areas not explicitly updated, which could lead to future repair costs.
Small Lot Size: With a lot size of 2170 sq ft, the property offers limited outdoor space, which might be a drawback for tenants or owners seeking larger yards or expansion potential.
Partial Updates: While two units and the roof are updated, the description does not specify the condition of the 3BD/1BA unit, implying it may require significant renovation or modernization to match the updated units.