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 Single Family Home
Listing Status Sold
Purchase Type For Sale
Subdivision Alameda County
MLS Listing ID 41108155
Year Built 1962
Lot Size 6,211 Sqft
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
Cooling None
Building
Lot Description Street Level
Read Less
Bought with Renuka Inamdar Renuka Inamdar, Broker
GET MORE INFORMATION