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Mixed-Use Property with Corner Storefront
New
For Sale
$699,000

2353 82nd Ave, Oakland, CA 94605

Residential Income, Oakland, CA

Property Size2,435 SF
Lot Size0.07 Acres
Price / SF$287.06
Days on Market1

Property Features for 2353 82nd Ave

General Information

Property type Residential Multi Family
Property subtype Triplex
Bedrooms 5
Bathrooms 3
Full bathrooms 3
Rooms Bedroom 4, Bedroom 3, Bathroom 2, Bedroom 5, Bathroom 3, Bedroom 1, Bathroom 1, Bedroom 2
Parking features Open
Exterior features Back Yard
Appliances Dryer, Washer, Gas Water Heater
Subdivision Eastmont
Lot features Corner Lot
Directions GPS friendly
Standard status Active
APN 40337561
Size 2,435 SF
Lot size 0.07 Acres

Utilities

Sewer type Public Sewer
Water source Public

Building Details

Year built 1933
Number of units 3
Building materials Stucco
Roof type Composition
Listing Agency: Keller Williams Realty
Listed By: Ofer Dallal
Added: Oct 19 Last Checked: Oct 19 at 8:06PM
MLS# 41151691

Copyright © 2026 Contra Costa Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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Investment Insights

Based on property information with market context.

This 2,435-square-foot mixed-use property contains two residential units and a corner storefront leased to a barber shop. The larger residence spans three levels and approximately 1,250 square feet, with three bedrooms, one bathroom, an attached garage, dedicated laundry room, and backyard access. The other unit has a kitchen, full bathroom, and bedroom; it is currently used as a family day care, a permitted use. The property was built in 1933 and sits on a 0.068-acre lot.

Hillside Street frontage serves the primary residence. The property has access to I-580, I-880, and public transit, connecting the area with employment centers in Oakland and the East Bay. Nearby context includes parks, neighborhood retail, and community services.

Additional features include public water and sewer, open parking, and a sewer lateral compliance certificate. Sidewalk clearance for certification and full inspection reports are also noted.

Key Highlights

  • Two residential units and a corner storefront leased to a barber shop
  • Primary residence: approximately 1,250 square feet across three levels, with 3 bedrooms and 1 bathroom
  • Second residence includes a kitchen, full bathroom, and bedroom; currently used as a permitted family day care

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$44,182
Cap Rate
6.32%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$883,640 $883.6K
Cap Rate 7%
$631,171 $631.2K
Cap Rate 9%
$490,911 $490.9K
Market Conditions
NOI Build-Up for 2,435 SF
Gross rent
$84.7K $34.80/SF
− Vacancy
−$4.4K −$1.81/SF
EGI
$80.3K $32.99/SF
− OpEx
−$36.1K −$14.85/SF
NOI
$44.2K $18.14/SF
Area
ZIP 94605
Vacancy
5.20%
Lease Rate
$34.80 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$883,640
Cap Rate 7%
$631,171
Cap Rate 9%
$490,911

Alternative Uses

Best Use
Apartment 5plus
$631.2K
$552.3K – $736.4K (±1% cap)
NOI $44,182 @ 7.0% cap · market cap 6.32%
Second Best
Retail
$486.5K
$425.7K – $567.6K (±1% cap)
NOI $34,056 @ 7.0% cap · market cap 4.87%
Theoretical Best
Multifamily LT 5
$704.1K
$616.1K – $821.5K (±1% cap)
NOI $49,289 @ 7.0% cap · market cap 7.05%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Storefront properties

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Spa & Massage Center Parking Lot & Garage Kitchen & Bath Showroom

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units
Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

731
Businesses Nearby

Demographics for 94605, CA

44,294
Population
17,686
Households
2.5
Avg Household Size
39
Median Age
43%
College-Educated
87%
High-School Grad
8.8 sq mi
ZIP Area
5,033
Density / Sq Mi
$101,043
Median Household Income
$62,590
Median Earnings
$1,867
Median Rent
$840,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - Two residences accompany a leased commercial unit currently occupied by a barber shop.
Where is this mixed-use property located?
The property is located at 2353 82nd Ave Oakland, CA.
What is the asking price?
The asking price for this property is $699,000.
What are key features of this property?
This property features: Two residential units and a corner storefront leased to a barber shop; Primary residence: approximately 1,250 square feet across three levels, with 3 bedrooms and 1 bathroom; Second residence includes a kitchen, full bathroom, and bedroom; currently used as a permitted family day care
More about this property
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