2256 83rd Ave, Oakland, CA 94605
Local realty services provided by:ERA North Orange County Real Estate
2256 83rd Ave,Oakland, CA 94605
$795,000
- - Beds
- - Baths
- - sq. ft.
- Multi-family
- Pending
Listed by: joey wang
Office: keller williams realty925-934-2900
MLS#:41137414
Source:CRMLS
Price summary
- Price:$795,000
About this home
Built in 1960 and sitting at the crossroads of two major East Bay commuter corridors, this two-story stucco fourplex on 83rd Ave offers the kind of durable rental fundamentals that hold up over time. The neighborhood draws consistently from a wide tenant base — International Blvd retail and transit within reach, I-580 and I-880 minutes away. All four units share a clean 2-bed/1-bath layout with updated kitchens, dark shaker cabinets, quartz-style counters, gas ranges, fresh laminate flooring, and new paint. Four dedicated parking spaces and three garage bays, one of which transfers to the new owner. Most tenants pay their own utilities. The income story is equally straightforward: $108,804 currently in place at an 8.3% cap, Unit A delivered vacant for immediate lease-up, and two month-to-month tenants sitting below the $2,500 market rent estimate. Stabilized income projects to $126,300. At $198,750 per unit, the opportunity is priced to move.
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Home facts
- Year built:1960
- Subdivision & Development:EAST OAKLAND
- Listing ID #:41137414
- Added:55 day(s) ago
- Updated:July 31, 2026 at 08:46 AM
Rooms and interior
- Flooring:Tile, Vinyl
Heating and cooling
- Heating:Wall Furnance
Structure and exterior
- Year built:1960
- Lot area:0.12 Acres
- Lot Features:Front Yard, Street Level
- Construction Materials:Stucco, Wood Siding
Finances and disclosures
- Price:$795,000
Parking
- Total parking spaces:4
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