Two-Story Fourplex Income
2256 83Rd Ave Oakland, CA 94605
2256 83Rd Ave, Oakland, CA, 94605
$795,000
Pending
For Sale
$795,000
Pending
Four, two-bedroom units with updated interiors and dedicated parking support straightforward residential income ownership.
Days on Market42
Property Features for 2256 83Rd Ave
General Information
- Standard status
- Pending
- Property subtype
- Investment
Building Details
- Year Built
- 1960
Listing agency
Keller Williams Realty Walnut Creek
(510) 592-5554
Listed by
Joey Wang · License #01890931
(510) 592-5554
Source
Elliman
Added: Jun 10 Updated: Jul 10 at 1:54PM Checked: Jul 21 at 8:28AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams Realty Walnut Creek
Investment Insights
Based on property information with market context.
Built in 1960, this two-story stucco fourplex offers a consistent unit mix with four homes sharing a clean 2-bed/1-bath layout. Updates include refreshed kitchens with dark shaker cabinets and quartz-style counters, gas ranges, new paint, and fresh laminate flooring. The property also features four dedicated parking spaces and three garage bays, with one garage bay transferring to the new owner. Most tenants pay their own utilities.
The building is located at the crossroads of two major East Bay commuter corridors, with nearby access to International Blvd retail and transit and commuter routes including I-580 and I-880. BikeScore is 69, WalkScore is 72, and TransitScore is 67, supporting practical day-to-day connectivity for residents.
From an ownership perspective, the setup is simple and repeatable: all four units share the same floorplan and recently updated finishes. Current in-place income is reported at $108,804, with one unit (Unit A) delivered vacant for immediate lease-up and two additional tenants on month-to-month terms. The remarks also reference stabilized income of $126,300 and an overall pricing framework of $198,750 per unit, presented for sale at $795,000.
The building is located at the crossroads of two major East Bay commuter corridors, with nearby access to International Blvd retail and transit and commuter routes including I-580 and I-880. BikeScore is 69, WalkScore is 72, and TransitScore is 67, supporting practical day-to-day connectivity for residents.
From an ownership perspective, the setup is simple and repeatable: all four units share the same floorplan and recently updated finishes. Current in-place income is reported at $108,804, with one unit (Unit A) delivered vacant for immediate lease-up and two additional tenants on month-to-month terms. The remarks also reference stabilized income of $126,300 and an overall pricing framework of $198,750 per unit, presented for sale at $795,000.
Key Highlights
- 1960‑built two‑story stucco fourplex with four units, all sharing the same 2‑bed/1‑bath layout
- Updated unit interiors include updated kitchens, dark shaker cabinets, quartz‑style counters, gas ranges, fresh laminate flooring, and new paint
- Income in place is $108,804 with an 8.3% cap; Unit A is delivered vacant for immediate lease‑up
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Quadplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Quadplex - Four, two-bedroom units with updated interiors and dedicated parking support straightforward residential income ownership.
Where is this quadplex located?
The property is located at 2256 83Rd Ave Oakland, CA.
What is the asking price?
The asking price for this property is $795,000.
What are key features of this property?
This property features: 1960‑built two‑story stucco fourplex with four units, all sharing the same 2‑bed/1‑bath layout; Updated unit interiors include updated kitchens, dark shaker cabinets, quartz‑style counters, gas ranges, fresh laminate flooring, and new paint; Income in place is $108,804 with an 8.3% cap; Unit A is delivered vacant for immediate lease‑up
