Ivy Wood Ext. Homes with Rectangular Lot Lot Descriiption

Welcome to Ivy Wood Extension, a hidden gem nestled in the vibrant city of Oakland, California. This charming neighborhood in Alameda County is known for its inviting atmosphere, tree-lined streets, and a strong sense of community. Ivy Wood Extension offers residents a unique blend of suburban tranquility and urban convenience, making it an ideal place for families, young professionals, and retirees alike.

One of the standout features of Ivy Wood Extension is its homes, many of which are set on spacious rectangular lots. These thoughtfully designed properties provide ample space for gardens, outdoor entertaining, or simply enjoying the California sunshine. The rectangular lot layout not only enhances the aesthetic appeal of the neighborhood but also offers residents the opportunity to create their own outdoor oasis.

Ivy Wood Extension is conveniently located near a variety of amenities, including parks, schools, and shopping centers. Residents can enjoy easy access to the bustling downtown Oakland, with its eclectic dining options, cultural attractions, and vibrant nightlife. For those who appreciate nature, the nearby parks offer picturesque walking trails, picnic spots, and recreational facilities, perfect for active lifestyles.

With its friendly community vibe, diverse housing options, and accessibility to both nature and city life, Ivy Wood Extension is more than just a place to live—it's a place to thrive. Whether you’re looking for your first home or seeking a peaceful retreat, this neighborhood has something for everyone. Come discover the charm of Ivy Wood Extension and envision your future in this delightful Oakland enclave!

Newest Ivy Wood Ext. Homes with Rectangular Lot Lot Descriiption

$850,000

41144574 MLS

To access the marketing package copy/paste: https://bit.ly/kitehillre Introducing 9833 Walnut Street, a high-yield multifamily investment offering exceptional in-place cash flow with substantial value-add potential. Built in 1963, the property features an outstanding unit mix of (3) one-bedroom/one-bath units, (2) two-bedroom/one-bath units, and (1) three-bedroom/two-bath unit—a diverse mix that appeals to a broad tenant base and supports long-term occupancy. The asset generates nearly $105,000 in annual gross income and is offered at just over an 8.0 GRM, over a 7.0% cap rate, approximately $220 per square foot, and $170,000 per unit. With strong in-place cash flow and a projected 30% upside in rental income translating to approximately 50% upside in NOI, investors have a rare opportunity to acquire an asset that performs on day one while offering significant future growth. Recent capital improvements include a completed earthquake retrofit and a new perimeter fence, reducing future capital expenditure concerns. Additional amenities include covered parking and on-site coin-operated laundry, creating added convenience for tenants and supplemental income for ownership. Well priced relative to today's market fundamentals, 9833 Walnut Street is an ideal acquisition for investors seeking immediate yield, durable cash flow, and meaningful upside through strategic rent growth.

9833 Walnut St, Oakland

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