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Two-Fourplex Multifamily Property
For Sale
$1,350,000

2820 GARDEN ST, Oakland, CA 94601

Commercial Sale, Oakland, CA

Property Size6,728 SF
Lot Size0.23 Acres
Price / SF$200.65
Days on Market10

Property Features for 2820 GARDEN ST

General Information

Property type Commercial Sale
Property subtype Other
Bedrooms 8
Bathrooms 7
Full bathrooms 7
Rooms Bedroom 4, Bedroom 6, Bathroom 4, Bedroom 5, Bathroom 6, Bedroom 7, Bedroom 2, Bathroom 1, Bathroom 3, Bedroom 8, Bathroom 5, Bedroom 1, Bedroom 3, Bathroom 7, Bathroom 2
Parking features Parking Lot
Subdivision Meadowbrook
Lot features 2 Houses / 1 Lot
Directions Fruitvale to E27 to Garden
Standard status Active
APN 2681383
Size 6,728 SF
Lot size 0.23 Acres

Additional Details

Tenant in Place Yes
Individually Metered Utilities electricity, gas

Utilities

Heating system Wall Furnace
Water source Public

Building Details

Year built 1952
Number of units 8
Flooring type Hardwood, Tile
Building materials Stucco
Roof type Flat
Buildings 2
Listing Agency: KW Advisors East Bay · Keller Williams Realty
Listed By: David Gunderman · License #01313613
Added: Oct 23 Changed: Oct 31 Last Checked: Nov 1 at 12:06AM
MLS# 41152176

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.

Rey
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Investment Insights

Based on property information with market context.

Two fourplexes occupy one Oakland parcel, with eight matching apartments built in 1952. Each residence has two bedrooms, one bathroom and approximately 808 square feet. Electric and gas are separately metered, and a parking lot provides on-site parking. The buildings have stucco exteriors, flat roofs, tile and hardwood flooring, and wall furnaces. Work completed in 2025 included roof, electrical, interior and exterior improvements and repairs. The property is fully occupied and professionally managed.

The property is in Oakland’s Reservoir Hills neighborhood, minutes from the Dimond District, with transbay bus lines nearby. Tax records report 6,728 square feet of building area. The site measures 0.2273 acres. Current income supports a 5.94% cap rate; the pro forma cap rate at market rents is 8.65%.

Key Highlights

  • Eight apartments across two fourplexes on one Oakland lot
  • Each unit has 2 bedrooms, 1 bath and approximately 808 square feet
  • Fully occupied; electric and gas are separately metered

Property Analytics

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Lease Details

8
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

1,556
Businesses Nearby

Demographics for 94601, CA

54,166
Population
17,454
Households
3.1
Avg Household Size
35
Median Age
24%
College-Educated
70%
High-School Grad
3.2 sq mi
ZIP Area
16,927
Density / Sq Mi
$66,651
Median Household Income
$37,765
Median Earnings
$1,651
Median Rent
$703,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

Frequently Asked Questions

What type of property is this?
Quadplex - All residences share a two-bedroom, one-bath layout, with separate electric and gas meters.
Where is this quadplex located?
The property is located at 2820 GARDEN ST Oakland, CA.
What is the asking price?
The asking price for this property is $1,350,000.
What are key features of this property?
This property features: Eight apartments across two fourplexes on one Oakland lot; Each unit has 2 bedrooms, 1 bath and approximately 808 square feet; Fully occupied; electric and gas are separately metered
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