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
HOA Y/N No
Year Built 1962
Lot Size 6,210 Sqft
Acres 0.14
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
Rooms
Basement None
Interior
Heating Natural Gas,Wall Furnace,Hot Water
Cooling None
Flooring Laminate,Tile,Carpet
Fireplace No
Appliance Dryer,Washer,Gas Water Heater
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
Others
Tax ID 403378111