The Arbor Villa apartments is a 5-unit multifamily investment opportunity located in the Ivy Hill neighborhood in Oakland California. The 5,568 square foot property consists of three large 2 bedroom/1 bathroom units and two spacious 1 bedroom/1bathroom units in a three-story building of wood frame and stucco construction. Unit three has been tastefully renovated and 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 keeping operating expenses low for new ownership. In addition, the garage doors were all recently replaced.2247 Ivy Dr is located in the desirable Ivy Hill neighborhood; adjacent to the prestigious Cleveland Heights neighborhood, and just 3 minutes away from Oaklands Lake Merritt. Tenants can enjoy all the lake activities, as well as nearby restaurants, cafes, parks, and shopping.