Property Detail

2023 80Th Ave

Oakland CA 94621

$1,100,000

Status: Active

Property Details

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.

Map Location

Listing provided courtesy of Joey Wang of Keller Williams Realty. Last updated 2025-08-26 08:11:39.000000. Listing information © 2025 CRMLS.

John Collins

John Collins

DRE# 01948188
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