348-352 Jayne, Oakland, CA 94610
- $699,000
- 2,884
- SqFt
Listed by Ray Rodriguez, 650-405-0743 from Compass
(If provided) CoList: Tony Zizzo from Compass
- List Price
- $699,000
- MLS#
- ML82041567
- Status
- ACTIVE
- Sqft. of Residence
- 2,884
- Lot Size
- 6,500
- Listing Area
- Oakland Zip Code 94610
- Year Built
- 1919
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.
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Additional Information
- Cooling System
- Other
- Foundation
- Concrete Perimeter and Slab, Crawl Space
- Garage Parking
- Detached Garage, Uncovered Parking
- Heating System
- Wall Furnace
- Laundry Facilities
- Coin Operated
- Living Area
- 2,884
- Lot Size
- 6,500
- Neighborhood
- Oakland Zip Code 94610
- Other Utilities
- Individual Electric Meters
- Roof
- Composition, Flat / Low Pitch, Shingle
- Sewer
- Sewer - Private
- Unincorporated Yn
- Yes
- Zoning
- R-70
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