2023 80Th Ave Active Save Request In-Person Tour Request Virtual Tour
Oakland,CA 94621
Key Details
Property Type Commercial
Sub Type 5 or More Units
Listing Status Active
Purchase Type For Sale
Square Footage 4,140 sqft
Price per Sqft $265
Subdivision Alameda County
MLS Listing ID 41108155
Year Built 1962
Lot Size 6,210 Sqft
Property Sub-Type 5 or More Units
Property Description
High-yield 5-unit investment in East Oakland's Opportunity Zone. Located just steps from Arroyo Viejo Park, 2023 80th Ave features (4) 2BD/1BA and (1) 4BD/2BA units across 4,140 sq ft on a 0.14-acre lot. Built in 1962, this two-story property includes gated off-street parking with a 1:1 parking ratio. Schools including East Oakland Pride Elementary, Frick Academy, and Castlemont High are all within 0.9 miles, supporting strong family rental demand. The building sits in a Qualified Opportunity Zone, offering tax benefits for eligible investors. With an in-place CAP rate of 8.9%, this turnkey property delivers immediate income and long-term potential in one of Oakland's most accessible submarkets.
Location
State CA
County Alameda
Interior
Heating Natural Gas,Wall Furnace,Hot Water
Cooling None
Flooring Laminate,Tile,Carpet
Laundry Common Area,Dryer,Laundry Room,Washer,Washer/Dryer Hookups
Exterior
Utilities Available Water/Sewer Meter Available,Water/Sewer Meter on Site,Natural Gas Available,Natural Gas Connected,Master Electric Meter,Master Gas Meter
Building
Lot Description Level,Back Yard
New Construction No