2218 82Nd Ave, Oakland, CA 94605
MULTI_FAMILY - Oakland, CA
- Added:
- Mar 21, 2026
- Days on Market:
- 93
- Last Refresh:
- Jun 21 at 10:06 am
Property Features for 2218 82Nd Ave
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 7
- Bathrooms
- 4
- Rooms
- Bedroom 7, Bedroom 1, Bedroom 5, Bathroom 1, Bathroom 2, Bedroom 6, Bathroom 4, Bedroom 4, Bedroom 3, Bathroom 3, Bedroom 2
- Parking features
- Parking Lot
- Exterior features
- Front Yard
- Standard status
- Active
- APN
- 43457317
- Size
- 2,858 SF
- Lot size
- 0.28 Acres
Utilities
- Sewer type
- Public Sewer
- Heating system
- Natural Gas
- Water source
- Public
Building Details
- Year built
- 1944
- Number of units
- 4
- Flooring type
- Laminate
- Building materials
- Stucco
- Roof type
- Composition
Listing agent Nicholas Liesenfeld (510) 606-0107
Listing office EXP Realty of California, Inc 2603 Camino Ramon Ste 200, San Ramon, CA (888) 584-9427
Listing date Mar 21, 2026
Copyright © 2026 Bay East. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Approx. 2,858 sq ft with 6 bedrooms and 4 bathrooms, built in 1944, on a 12,320 sq ft lot
- Recently refreshed interiors with updated flooring, modern kitchens with quartz counters, and tastefully renovated baths
- Entitlements granted by the city for 4 additional units (buyer to verify)
- One unit is vacant
- Stucco exterior with a composition roof and natural gas heating
- Public water and public sewer, with parking in a parking lot
Overview
Located in Oakland’s Castlemont area, the property is positioned for convenient access to major corridors, BART, and Oakland International Airport, supporting both commuter and local lifestyle needs. The broader Oakland Hills area is also referenced as nearby in the listing remarks.
For owner-occupants, this setup can support multi-generational living with additional rental income from the occupied units. For investors or operators, the mix of updated interiors and an available unit can simplify near-term leasing considerations. The listing also notes that the city has granted entitlements for four additional units, subject to buyer verification, creating an avenue for expansion within the existing site footprint. Buyers who value a property with flexibility for current income and potential future scale may find this configuration particularly relevant.
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $87.5k | $30.60 |
| − Vacancy | −$4.8k | −$1.68 |
| EGI | $82.6k | $28.92 |
| − OpEx | −$24.8k | −$8.68 |
| NOI | $57.9k | $20.24 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Oakland
- County
- Alameda
- State
- California
- Longitude
- -122.169955
- Latitude
- 37.759933
