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.