2023 80Th Ave Open House Save Request In-Person Tour Request Virtual Tour
Oakland,CA 94621
OPEN HOUSE
Sat Aug 23, 1:00pm - 3:00pm
Key Details
Property Type Multi-Family, Commercial
Sub Type Five or More Units
Listing Status Active
Purchase Type For Sale
Square Footage 4,140 sqft
Price per Sqft $265
MLS Listing ID EB41108155
Bedrooms 6
Year Built 1962
Lot Size 6,210 Sqft
Property Sub-Type Five or More Units
Source Bridge MLS
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
Area Oakland Zip Code 94621
Interior
Heating Gas,Wall Furnace
Cooling None
Flooring Laminate,Tile,Carpet - Wall to Wall
Laundry In Laundry Room,Hookup - Washer/Dryer ,Washer,Community Facility,Dryer
Exterior
Exterior Feature Concrete,Stucco,Wood Frame
Parking Features Spaces per Unit - 1,Parking Area
Garage Spaces 6.0
Roof Type Other
Building
Lot Description Grade - Level
Water Public
Others
Tax ID 403-378-111
Special Listing Condition Not Applicable