2023 80th Ave - Apartments FOR SALE


Oakland, CA 94621- Middle East Oakland
$1,100,000 USD
510-592-4244
2023 80th Ave, Oakland, CA for Sale
$1,100,000 USD
Apartments - FOR SALE
1/15
null | 8.9% Cap Rate

2023 80th Ave
Oakland, CA 94621
Middle East Oakland


HIGHLIGHTS

  • Steps from Arroyo Viejo Park, with fields, a baseball diamond, a playground, and a full recreation center—adding livability and appeal for tenants.
  • In-place CAP rate of 8.9%, this investment delivers immediate returns and sits within a federal Opportunity Zone, offering long-term tax advantages.
  • The two-story building offers gated off-street parking with a 1:1 ratio (one space per unit).

OVERVIEW

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. TRANSPARENT PRICE. Unit 3 is vacant and can be shown via calendly. Units 1, 2, 4, and 5 are tenant-occupied and can be shown via private tour. Contact Joey at joeywang@kwcommercial.com to schedule a tour or with questions. For the offering memorandum and inspection reports, go to https://forms.gle/KkKudmgnZkEXC5kY7 Offers are due on Thursday, September 4th at noon.

FOR SALE DETAILS

PRICE

$1,100,000 USD

PRICE/SF

$266 USD /SF

# OF UNITS

5

PRICE/UNIT

$220,000

CAP RATE

8.9%

% LEASED

80%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1963

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.14 AC

LAND SF

6,212 SF

ZONING

N/Av, Oakland

APN/PARCEL ID

040-3378-011-01

ASK ABOUT THIS PROPERTY

Joey WangKW CommercialMore Info
510-592-4244

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Joey WangKW CommercialMore Info
510-592-4244

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.