348352 Jayne,Oakland, CA 94610
Oakland, CA 94610
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.
Details
| MLS # | ML82041567 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active Under Contract |
| Year | 1919 |
| Days On Site | 142 |
| Listing Provided By | Compass | Ray Rodriguez |
Features
| SQ Feet | 2,884 |
|---|---|
| Units | 5 |
| Building(s) | 2 |
| Zoning | R-70 |
| Acreage | 0.15 |
Interior
| Heating | Wall Furnace |
|---|---|
| Heating Yes / No | Yes |
| Cooling Yes / No | Yes |
Exterior
| Roof | Composition, Flat, Shingle |
|---|
Taxes
| Property | 8933 |
|---|
Area Information
| State | CA |
|---|---|
| County | Alameda |
| City | Oakland |
| Zip Code | 94610 |
| Area | 699 Not Defined |
| Listing VS Median (in 94610) | |
Price: $699,000 low | high Med: $1,988,000 sqft: 2,884 low | high Med: 3,322 $ / sqft: $242 low | high Med: $598 On site: 142 low | high Med: 111 | |
Market Activity 94610
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Learn More About This Property
| State | CA |
|---|---|
| County | Alameda |
| City | Oakland |
| Zip Code | 94610 |
| Area | 699 Not Defined |
| Listing VS Median (in 94610) | |
Price: $699,000 low | high Med: $1,988,000 sqft: 2,884 low | high Med: 3,322 $ / sqft: $242 low | high Med: $598 On site: 142 low | high Med: 111 | |