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.
Property Details
Price:
$1,100,000
MLS #:
41108155
Status:
Active
Baths:
0
Address:
2023 80Th Ave
Type:
Residential Income
City:
Oakland
Listed Date:
Aug 14, 2025
State:
CA
ZIP:
94621
Lot Size:
6,210 sqft / 0.14 acres (approx)
Year Built:
1962
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Schools
Interior
Appliances
Gas Water Heater
Cooling
None
Heating
Natural Gas, Wall Furnace
Exterior
Lot Features
Level with Street
Parking Spots
6.00
Financial
Association Fee
0.00
Tenant Pays
Gas
Map
Community
- Address2023 80Th Ave Oakland CA
- CityOakland
- CountyAlameda
- Zip Code94621
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2023 80Th Ave
Oakland, CA
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