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Additional details
Listed by Ray Rodriguez • Compass
$699,000
Est. payment /mo
2,884 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 2,884 sqft
Price per Sqft $242
MLS Listing ID ML82041567
HOA Y/N No
Year Built 1919
Lot Size 6,500 Sqft
Property Sub-Type Other
Source Datashare MLSListings
Property Description
348-352 Jayne Avenue presents a well-located multifamily investment opportunity in Oakland's highly desirable Adams Point neighborhood, known for strong rental demand and proximity to key lifestyle amenities. Just moments from Lake Merritt, the property offers easy access to outdoor recreation, dining, retail (including Whole Foods), Interstate 580, and Downtown Oakland (approximately 1.5 miles away). The property consists of a two-story, five-unit apartment building totaling approximately 2,884 square feet on a 0.15-acre lot. The unit mix includes four one-bedroom/one-bathroom units and one studio, appealing to a broad tenant base. A standout feature is one vacant unit, providing immediate upside for renovation and lease at market rents, allowing for day-one income growth. Additional income potential comes from a detached rear garage (ideal for parking or storage) and an on-site basement laundry area with one washer and dryer. With its prime location, in-place income, and value-add potential, 348-352 Jayne Avenue offers investors a compelling opportunity for stable cash flow and long-term appreciation in one of Oakland's most sought-after neighborhoods.
Location
State CA
County Alameda
Interior
Heating Wall Furnace
Cooling Other
Fireplace No
Laundry Coin Operated
Exterior
Handicap Access Other
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Vicky Van Brocklin
Broker | License ID: 01512910
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