2256 83Rd Ave, Oakland, CA 94605
2256 83Rd Ave, Oakland, CA 94605
2256 83Rd Ave, Oakland, CA 94605
2256 83Rd Ave, Oakland, CA 94605
2256 83Rd Ave, Oakland, CA 94605
2256 83Rd Ave, Oakland, CA 94605
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$ 795,000
Est. payment | /mo

5,301 Sqft Lot


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$ 795,000
Est. payment | /mo
Save

5,301 Sqft Lot

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Subdivision East Oakland

MLS Listing ID 41137414

HOA Y/N No

Year Built 1960

Lot Size 5,301 Sqft

Property Sub-Type Quadruplex

Property Description

Built in 1960 and sitting at the crossroads of two major East Bay commuter corridors, this two-story stucco fourplex on 83rd Ave offers the kind of durable rental fundamentals that hold up over time. The neighborhood draws consistently from a wide tenant base — International Blvd retail and transit within reach, I-580 and I-880 minutes away. All four units share a clean 2-bed/1-bath layout with updated kitchens, dark shaker cabinets, quartz-style counters, gas ranges, fresh laminate flooring, and new paint. Four dedicated parking spaces and three garage bays, one of which transfers to the new owner. Most tenants pay their own utilities. The income story is equally straightforward: $108,804 currently in place at an 8.3% cap, Unit A delivered vacant for immediate lease-up, and two month-to-month tenants sitting below the $2,500 market rent estimate. Stabilized income projects to $126,300. At $198,750 per unit, the opportunity is priced to move.

Location

State CA

County Alameda

Zoning RM-2

Interior

Heating Wall Furnace

Flooring Tile, Vinyl

Fireplace No

Exterior

Total Parking Spaces 4

Building

Lot Description Front Yard, Street Level

Others

Tax ID 434572182

CRMLS Full IDX Feed (MAIN Website Search)
Listed by Joey Wang Keller Williams Realty #01890931

Nearby Locations

Travis Breton

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(760) 470-2752

travisbreton@gmail.com

1902 Wright Place #200, Carlsbad, CA, 92008, USA

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2256 83Rd Ave

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