Bought with Renuka Inamdar • Renuka Inamdar, Broker
$1,150,000
$1,100,000
4.5%For more information regarding the value of a property, please contact us for a free consultation.
2023 80Th Ave Oakland, CA 94621
4,140 SqFt
Key Details
Sold Price $1,150,000
Property Type Commercial
Sub Type 5 or More Units
Listing Status Sold
Purchase Type For Sale
Square Footage 4,140 sqft
Price per Sqft $277
Subdivision Alameda County
MLS Listing ID 41108155
Sold Date 11/07/25
HOA Y/N No
Year Built 1962
Lot Size 6,210 Sqft
Property Sub-Type 5 or More Units
Source Bridge AOR
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
Fireplace No
Appliance Dryer, Washer
Laundry Common Area, Dryer, Laundry Room, Washer, Washer/Dryer Hookups
Building
Lot Description Level, Back Yard
Water Mutual Water
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