$650,000

1927 82Nd Ave, Oakland, CA 94621

  • 7 beds
  • 3,384 sqft
  • Property Icon Triplex
  • Property Year Built Icon Built in 1961
  • Property Lot Size Icon5,227sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $192/sqft
  • Property List Date Icon Listed 18 days ago

Property Description

Stabilized East Oakland Triplex | 7.7% Cap | Strong In-Place Income 1927 82nd Ave offers a compelling opportunity for 1031 exchange buyers or investors seeking reliable yield in East Oakland’s Arroyo Viejo neighborhood. This fully occupied triplex generates approximately $76,000 in annual gross income and operates at an attractive ~7.7% cap rate, providing immediate, predictable cash flow. All three units are occupied by long-term tenants, delivering built-in stability from day one. The property sits behind a gated entry and includes onsite laundry, three garage spaces plus three additional off-street parking spaces. Located near major transit routes, neighborhood retail, parks, and essential services, Arroyo Viejo appeals to renters seeking convenience, affordability, and a community feel. The property is subject to Oakland rent control, with current rents reflecting in-place tenancy and a well-maintained operating history. A straightforward investment with solid fundamentals, strong parking, and potential flexibility for a future owner-occupant. PSL compliant.

Listing Status:
Active
Date Added:
January 27, 2026
Data Last Updated:
February 15, 2026 at 12:09AM
Listing Office:
Red Oak Realty : 510-292-2000
Listing Agent:
Thomas Garabedian Cone : 510-499-1235
MLS ID:
41122220
  • Laundry: Coin OperatedDryerLaundry RoomWasher
  • Basement: None
  • Flooring: LaminateTile
  • A/C: No Air Conditioning
  • Heating: Natural GasWall Furnace
  • Parking: GarageOff StreetTandem
  • General: Stucco
  • Originating MLS: Paragon
  • School District: Oakland (510) 879-8111
  • County: Alameda
  • Zoning: 40336710
  • Fencing: Fenced
  • Source: Paragon

This listing courtesy of Thomas Garabedian Cone , Red Oak Realty

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

E

East Oakland Pride Elementary School

8000 Birch St, Oakland, CA, 94621

Grades KG-5

0.12 miles away

P

Parker Elementary School

7929 Ney Ave, Oakland, CA, 94605

Grades KG-8

0.62 miles away

C

Castlemont High School

8601 MacArthur Blvd, Oakland, CA, 94605

Grades 9-12

0.53 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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