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2256 83rd Ave, Oakland, CA 94605

$795,000 Approx. USD 0 beds, 0 baths

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Berkshire Hathaway HomeServices California Properties 11828 Rancho Bernardo Rd, Ste 210
San Diego, CA 92128 888-995-7575

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Listing Agent

Joey Wang | joey.wang@loremultifamily.com
Lic#: 01890931
Broker: Courtesy of Keller Williams Realty
Phone: 510-592-5554

Agent Remarks

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.

Listing Details

Property type: Quadruplex (Multi-Family)

Status: Active

MLS# 41137414

Price: $795,000

HOA Fee is $0.00

Beds: 0

Baths: 0

Built in 1960

0.12 acres

Lot size: 0.1217

Subdivision: EAST OAKLAND

County: Alameda

Zoning: RM-2

Construction: Stucco,Wood Siding

Lot description: Front Yard,Street Level

Heating description: Wall Furnace

Last Updated: 6/12/2026

Days On Market (DOM): 20

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Lat/Long: 37.759513, -122.168592.
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