For more information regarding the value of a property, please contact us for a free consultation.
2023 80Th Ave Oakland, CA 94621
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
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
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
Read Less
© 2025 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.
Bought with RenukaInamdar
GET MORE INFORMATION
Mike & Jules Guzzardo Team With Jenny Biczkow
Realtor | r01066846,01955798,02086289