Bought with Renuka Inamdar • RINAM
$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
6 Beds
3 Baths
4,140 SqFt
Key Details
Sold Price $1,150,000
Property Type Multi-Family
Sub Type Five or More Units
Listing Status Sold
Purchase Type For Sale
Square Footage 4,140 sqft
Price per Sqft $277
MLS Listing ID EB41108155
Sold Date 11/07/25
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
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