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$1,150,000
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Property Description
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.
Full Property Details
Full Property Details for 2023 80th Ave
General
- Sold For: $1,150,000
- Status: Closed
- Type: Commercial Residential Facility
- Source: MAX
- MLS ID: 41108155
- Added to Site: 154 day(s) ago
Interior
- Appliances: Dryer, Washer
- Flooring: Laminate, Tile, Carpet
Rooms
Other Rooms
- Laundry: Common Area, Dryer, Laundry Room, Washer, Washer/Dryer Hookups
Parking
- Parking Features: Parking Lot, Space Per Unit - 1, Side By Side, Uncovered Park Spaces 2+
Location
- Area: Listing
- County: Alameda
- Subdivision: Alameda County
- Driving Directions: N on Bancroft Ave Left 80th Ave
Heating & Cooling
- Cooling Type: None
- Heating Type: Natural Gas, Wall Furnace, Hot Water
Utilities
- Water: Mutual Water
- Utility Description: Water/Sewer Meter Available, Water/Sewer Meter on Site, Natural Gas Available, Natural Gas Connected, Master Electric Meter, Master Gas Meter
Structural Information
- Exterior Const.: Concrete, Stucco, Frame, Asphalt
- Roof: Other
- Living Area: 4,140 Sq. Ft.
- Year Built: 1962
Lot Features
- Lot Size (Acres): 0.14
- Lot Dimensions: 6210
- Lot Features: Level, Back Yard
- Fencing (Description): Partial
Financial Considerations
- For Sale: Yes
- Price Per Sq. Ft.: $266
- Terms: None
Disclosures and Reports
- Property ID: 403378111
Listed by Keller Williams Realty, Joey Wang
Sold by Renuka Inamdar, Broker, Renuka Inamdar
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Schools
Schools serving 2023 80th Ave
School District:Oakland Unified School District
| Name | Grades | Distance |
|---|---|---|
East Oakland Pride Elementary School 8000 Birch Street, Oakland, CA 94621 | K-5 | 0.1 mi |
Frick United Academy of Language 2845 64th Avenue, Oakland, CA 94605 | 6-8 | 0.9 mi |
Coliseum College Prep Academy 1390 66th Avenue, Oakland, CA 94621 | 6-12 | 1.1 mi |
Madison Park Academy 6-12 400 Capistrano Drive, Oakland, CA 94603 | 6-12 | 2.4 mi |
Castlemont High 8601 MacArthur Boulevard, Oakland, CA 94605 | 9-12 | 0.6 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 2023 80th Ave
Date
Details
Price
Change
Source
11/07/2025
Sold
$1,150,000
4.55%
MLS
8/14/2025
Listed
$1,100,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
2023 80th Ave, Oakland, CA 94621 (MLS# 41108155) is a Commercial Residential Facility property that was sold at $1,150,000 on November 07, 2025. Want to learn more about 2023 80th Ave? Do you have questions about finding other Commercial Residential Facility real estate for sale in Oakland? You can browse all Oakland real estate or contact a Coldwell Banker agent to request more information.

