$1,050,000
SOLD DEC 27, 2024

2247 Ivy Dr Oakland, CA 94606

Ivy Hill Neighborhood
-- Bed
-- Bath
5,568 Sq Ft
5,000 Sq Ft Lot

Recently Sold

$189 Per Sq Ft

18% Below List Price

90 Days on Market

Highlights

  • Wood Flooring
  • Storage
  • 4 Car Garage
  • No HOA
  • Ceiling Fan
  • Laundry Facilities

About This Home

As of December 2024

This 5-unit multifamily investment opportunity located in the Ivy Hill neighborhood in Oakland California, offers a promising financial future. The 5,568 square foot property consists of three large 2 bedroom/1 bathroom units and two spacious 1 bedroom/1 bathroom units in a three-story building of wood frame and stucco construction. The property features private entries, central heating, new kitchens with stainless steel appliances, new bathrooms, and a low-maintenance landscape. Tenants are separately metered for PG&E, ensuring remarkably low operating expenses for new ownership. In addition, the building was recently seismically retrofitted, saving any investor the headache and cost of completing this big ticket item themselves. 2247 Ivy Dr is located in the desirable Ivy Hill neighborhood, just 3 minutes away from Oakland’s Lake Merritt. Tenants can enjoy all the lake activities, as well as nearby restaurants, cafes, parks, and shopping, making this property a sound investment with promising financial benefits.

Last Agent to Sell the Property

Willem Bos

COMPASS License #02013980 Listed on: 09/13/2024

Last Buyer's Agent

Willem Bos

COMPASS License #02013980 Listed on: 09/13/2024

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1941

Parking

  • 4 Car Garage

Home Design

  • Stucco

Interior Spaces

  • 5,568 Sq Ft Home
  • Ceiling Fan
  • Storage
  • Wood Flooring
  • Walk-Out Basement

Laundry

  • Dryer
  • Washer

Additional Features

  • 5,000 Sq Ft Lot
  • Heating Available

Community Details

Overview

  • No Home Owners Association
  • Bridge Aor Association

Amenities

  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

Built in 1941

Lot Details

0

Listing Details

  • Property Sub Type: 5 or More Units
  • Property Type: COMM RI MULTI-UNITS 5+
  • Lot Features: Other
  • LotSizeAcres: 0.11
  • Has HOA?: No
  • Co List Office Mls Id: OBBCOMP
  • Special Conditions: Standard
  • Directions: Corner of Ivy Dr & E 23rd stree
  • Accessibility Features: Other
  • Basement: Separate Entry
  • Has Basement?: Yes
  • Has Cooling?: Yes
  • Living Area: 5568
  • Year Built: 1941
  • Special Features: None

Interior Features

  • Appliances: Dryer, Washer
  • Flooring: Wood
  • Interior Amenities: Other, Storage

Exterior Features

  • Construction Type: Stucco

Garage/Parking

  • Has Attached Garage?: No
  • Has Carport?: No
  • Has Attached Garage?: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 4

Utilities

  • Laundry Features: Common Area
  • Cooling: Ceiling Fan(s), None, Other
  • Heating Yn: Yes
  • Utilities: Other Water/Sewer
  • Water Source: Other

Condo/Co-op/Association

  • Association Name: Bridge AOR

Lot Info

  • Lot Size Sq Ft: 5000

Tax Info

  • Tax Tract: yes

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/27/2024 12/27/24 Sold $1,050,000 -17.6% $189 / Sq Ft
12/12/2024 12/12/24 Pending -- -- --
09/13/2024 09/13/24 For Sale $1,275,000 -- $229 / Sq Ft
Source: bridgeMLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • W

    Seller's Agent in 2024

    Willem Bos

    COMPASS

See All Agents

Map

Source: bridgeMLS

MLS Number: 41073115

bridgeMLS
California Alameda County Oakland 94606 Ivy Hill

2247 Ivy Dr, Oakland, CA

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

bridgeMLS Bay East 2025. CCAR 2025. bridgeMLS 2025. Information Deemed Reliable But Not Guaranteed. This information is being provided by the Bay East MLS, or CCAR MLS, or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website. This information is intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Nearby Homes