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Josh Yoo

joshyoo@kw.com +1(510) 418-9180

Listed by Ray Rodriguez • Compass, DRE#01999734

$699,000

Est. payment - /mo

1 Bed

2 Baths

2,884 SqFt

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UPDATED:

Key Details

Property Type Commercial

Sub Type Five or More Units

Listing Status Active

Purchase Type For Sale

Square Footage 2,884 sqft

Price per Sqft $242

MLS Listing ID ML82041567

Bedrooms 1

Full Baths 2

Year Built 1919

Lot Size 6,500 Sqft

Property Sub-Type Five or More Units

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

Area Oakland Zip Code 94610

Zoning R-70

Interior

Heating Wall Furnace

Cooling Other

Laundry Coin Operated

Exterior

Parking Features Detached Garage, Uncovered Parking

Garage Spaces 1.0

Utilities Available Individual Electric Meters

Roof Type Composition,Flat / Low Pitch,Shingle

Building

Foundation Concrete Perimeter and Slab, Crawl Space

Sewer Sewer - Private

Water Private / Mutual

Others

Restrictions None

Tax ID 010-0787-023

Security Features Other

Special Listing Condition Not Applicable

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Josh Yoo

+1(510) 418-9180

Broker Associate | License ID: 02024903

Broker Associate License ID: 02024903

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348-352 Jayne Oakland, CA 94610

Josh Yoo

Key Details

Location

Interior

Exterior

Building

Others

348-352 Jayne