2353 82nd Ave, Oakland, CA 94605

$699,000
2,435
SqFt

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List Price
$699,000
Days on Market
99
MLS#
41131633
Living Sq. Ft
2,435
Lot Size
2,960
Type
Multifamily
Zip
94605
city
Oakland

Property Description

Strong, CASH-FLOWING mixed-use opportunity combining two residential units and a corner storefront for diversified, stable income. The retail space is leased to a well-established barber shop with a consistent operating history, providing dependable revenue. The primary residential unit, with frontage on Hillside St, offers ~1,250 sq ft across three levels with 3 bedrooms, 1 bath, an attached garage, dedicated laundry room, and direct access to the backyard - currently rented at close-to-market rate. The second residential unit presently operating as a family day-care (permitted use). The unit features a kitchen, full bath, and a bedroom, opening the door to multiple use scenarios. In-place rents total $6,570/month ($78,840 annually), delivering immediate cash flow (7-8% cap rate!) with additional upside potential. The property is well maintained with sewer lateral compliance certificate and sidewalk cleared for certification. Full inspection reports are available. Positioned with convenient access to I-580, I-880, and public transit, the location connects easily to major employment hubs across Oakland and the broader East Bay. Nearby parks, neighborhood retail, and community services support strong tenant demand and long-term stability. A versatile, income-producing asset with multiple income streams and room to grow. Ideal for investors seeking both performance and flexibility. Shown by appointment. Reach out for disclosures, pro forma, and offering memorandum.

Additional Information

Exterior
Stucco
Building Type
Triplex
Garage
Yes
Garageparking
Garage Door Opener, Attached
Laundry
Dryer, Washer
Lot Description
Corner Lot
Neighborhood
Eastmont
Heating
Other
Cooling
Other
Year Built
1933
Water Sewer
Public
Flooring
Other
Acres
0.07
Roof
Composition Shingles, Bitumen

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Calculator source: Real Geeks

Listing courtesy of Ofer Dallal from Keller Williams Realty. 510-417-9782

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