Oakland, CA 94621,1927 82Nd Ave
Oakland, CA 94621,1927 82Nd Ave
Oakland, CA 94621,1927 82Nd Ave
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Listed by Thomas Garabedian Cone • Red Oak Realty
$650,000
Est. payment /mo
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3,384 SqFt
New

1927 82Nd Ave Oakland, CA 94621

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Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Square Footage 3,384 sqft

Price per Sqft $192

Subdivision Eastmont

MLS Listing ID 41122220

HOA Y/N No

Year Built 1961

Lot Size 5,000 Sqft

Property Sub-Type Triplex

Source Bridge AOR

Property Description

Stabilized East Oakland Triplex | 7.7% Cap | Strong In-Place Income 1927 82nd Ave offers a compelling opportunity for 1031 exchange buyers or investors seeking reliable yield in East Oakland's Arroyo Viejo neighborhood. This fully occupied triplex generates approximately $76,000 in annual gross income and operates at an attractive ~7.7% cap rate, providing immediate, predictable cash flow. All three units are occupied by long-term tenants, delivering built-in stability from day one. The property sits behind a gated entry and includes onsite laundry, three garage spaces plus three additional off-street parking spaces. Located near major transit routes, neighborhood retail, parks, and essential services, Arroyo Viejo appeals to renters seeking convenience, affordability, and a community feel. The property is subject to Oakland rent control, with current rents reflecting in-place tenancy and a well-maintained operating history. A straightforward investment with solid fundamentals, strong parking, and potential flexibility for a future owner-occupant. PSL compliant.

Location

State CA

County Alameda

Interior

Heating Natural Gas, Wall Furnace

Cooling No Air Conditioning

Flooring Laminate, Tile

Fireplace No

Laundry Coin Operated, Dryer, Laundry Room, Washer

Building

Lot Description Level

Schools

School District Oakland (510) 879-8111, Oakland (510) 879-8111

Others

Special Listing Condition Offer As Is


Bay East Association of Realtors

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Max Manatt

Max Manatt

Agent | License ID: 01957416

+1(925) 980-3375

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1927 82Nd Ave