2023 80th Ave | Oakland, CA 94621
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- LoopNet Team
2023 80th Ave
Oakland, CA 94621
Multifamily Property For Sale
·
5 Units
INVESTMENT HIGHLIGHTS
- Steps from Arroyo Viejo Park, with fields, a baseball diamond, a playground, and a full recreation center—adding livability and appeal for tenants.
- The two-story building offers gated off-street parking with a 1:1 ratio (one space per unit).
- In-place CAP rate of 8.9%, this investment delivers immediate returns and sits within a federal Opportunity Zone, offering long-term tax advantages.
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 | $2,369 | 716 - 718 |
| 4+2 | 1 | $3,600 | 1,165 |
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
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