2256 83rd Ave, Oakland, CA 94605

Oakland
Local realty services provided by:Nelson Shelton Real Estate ERA Powered
2256 83rd Ave,Oakland, CA 94605
$880,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Sold
Listed by: joey wang
Office: keller williams realty925-934-2900
MLS#:41137414
Source:CRMLS

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Price summary

  • Price:$880,000

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:101 day(s) ago
  • Updated:September 15, 2026 at 07:06 AM

Rooms and interior

  • Flooring:Tile, Vinyl

Heating and cooling

  • Heating:Wall Furnance

Structure and exterior

  • Year built:1960
  • Lot Features:Front Yard, Street Level
  • Construction Materials:Stucco, Wood Siding

Finances and disclosures

  • Price:$880,000

Parking

  • Total parking spaces:4
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