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.
6,210 Sq Ft Lot Size
Investment
Built in 1962
MLS/Listing ID 41108155
5 Units
Gas Water Heater
Dryer
Construction - Wood Siding
Construction - Stucco
Construction - Concrete
Construction - Asphalt
Heating - Wall Furnace
Heating - Natural Gas
Lot - Street Level
Washer

Source of Data: CALIFORNIA REGIONAL MULTIPLE LISTING SERVICE