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About This Home
This 5-bedroom, 3-bathroom residential multi family at 2353 82nd Ave in Oakland, CA is listed for $699,000 ($287 per sqft). Built in 1933, the home offers 2,435 sqft of living space on a 0.07 acres lot.
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.
Key Features
- Built in 1933
- 0.07 acre lot
Property Details
Amenities
Monthly Cost Estimate
$3,738/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
2353 82nd Ave
Oakland, CA 94605
Eastmont
Features & Amenities
Exterior Features
Property Details
Construction
Parking
Appliances
Questions & Answers
This 5-bedroom, 3-bathroom residential multi family at 2353 82nd Ave is listed at $699,000 ($287/sqft). The estimated monthly payment is $3,029 based on 20% down at 6.5% interest.
Key features include: Built in 1933, 0.07 acre lot. Exterior Features: Back Yard.
This property is listed by Ofer Dallal and can be reached at 5104179782 or ofer@homesbyofer.com.








