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.
MLS #
EB41122220
MLS Source
Bridge MLS
Days on Site
4
Appliances
Dryer, Washer
Flooring
Laminate, Tile
Laundry
Coin Operated
Cooling
Air Conditioning - None
Heating
Gas, Wall Furnace
Roof
Composition
Garage/Parking
Garage, Off-Street Parking, Tandem Parking, Garage: Car(s)
Elementary District
Oakland Unified
High School District
Oakland Unified
Sewer
Private Sewer
Water
Public
Complex Amenities
None
Listing Agent
Thomas Garabedian Cone
Red Oak Realty
License #: 02034258
Phone: (510) 499-1235
Co-Listing Agent
Sara Garabedian
Red Oak Realty
License #: 00931842
Phone: (510) 206-2170
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| – | – | 3 |
| Unit # | Sq Ft | Beds | Baths | Rent |
|---|---|---|---|---|
| 1 | 1,578 | 3 | 0/0 | – |
| 2 | 1,128 | 2 | 0/0 | – |
| 3 | 1,128 | 2 | 0/0 | – |
1927 82nd Ave is a Triplex in Oakland, CA 94621. This 3,384 square foot property sits on a 5,000 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $650,000 and was built in 1961. This address can also be written as 1927 82nd Ave, Oakland, CA 94621.
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This listing information is up-to-date as of January 28, 2026. For the most current information, please contact Thomas Garabedian Cone, (510) 499-1235