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This Multifamily Property is no longer advertised on LoopNet.com.
2023 80th Ave
Oakland, CA 94621
Multifamily Property For Sale
·
5 Units

Investment Highlights
- Very Strong Unit Mix featuring a (1) spacious 4BR/3BA unit and (4) 2BR/1BA units
- Gated off-street 1:1 parking
- Qualified Opportunity Zone - Providing path to substantial Tax Benefits
- Exceptional Day 1 Cash Flow - In place 8.39% CAP Rate & 7.9 GRM
- Three Section 8 tenants
Property Facts
| No. Units | 5 | Building Size | 4,140 SF |
| Property Type | Multifamily | Average Occupancy | 80% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1963 |
| Building Class | C | Parking Ratio | 1.45/1,000 SF |
| Lot Size | 0.14 AC | ||
| Zoning | N/Av, Oakland | ||
| No. Units | 5 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.14 AC |
| Building Size | 4,140 SF |
| Average Occupancy | 80% |
| No. Stories | 2 |
| Year Built | 1963 |
| Parking Ratio | 1.45/1,000 SF |
| Zoning | N/Av, Oakland |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 4 | - | 711 |
| 4+2 | 1 | - | 1,059 |
Property Taxes
| Parcel Number | 040-3378-011-01 | Improvements Assessment | $764,490 |
| Land Assessment | $329,460 | Total Assessment | $1,093,950 |
Property Taxes
Parcel Number
040-3378-011-01
Land Assessment
$329,460
Improvements Assessment
$764,490
Total Assessment
$1,093,950
Listing ID: 28365320
Date on Market: 5/1/2023
Last Updated:
Address: 2023 80th Ave, Oakland, CA 94621
The Middle East Oakland Multifamily Property at 2023 80th Ave, Oakland, CA 94621 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
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