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650-436-3611
RP Estates Inc.
2023 80th Ave, Oakland, CA 94621
- $1,150,000
- 4,140
- SqFt
- Sold Price
- $1,150,000
- List Price
- $1,100,000
- Status
- CLOSED
- MLS#
- 41108155
- Closing Date
- Nov 07, 2025
- Year Built
- 1962
- Property Type
- 5 Or More Units
- Living Area
- 4,140
- Lot Size
- 6,210
- Acres
- 0.14
- County
- Alameda
- Subdivision
- Alameda County
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.
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Additional Information
- Appliances
- Dryer, Washer
- Exterior
- Concrete, Stucco, Frame, Asphalt
- Flooring
- Laminate, Tile, Carpet
- Laundry Features
- Common Area, Dryer, Laundry Room, Washer, Washer/Dryer Hookups
- Lot Description
- Level, Back Yard
- Parking Features
- Parking Lot, Space Per Unit - 1, Side By Side, Uncovered Park Spaces 2+
- Roof
- Other
- Water Sewer
- Mutual Water
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Listing courtesy of Joey Wang from Keller Williams Realty. 510-592-4244
Selling Office: Renuka Inamdar, Broker.
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