2027 83rd Ave, Oakland, California 94621, Oakland, 94621 - 2 bed, 2 bath
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Oakland, California 94621
This Turnkey Multi-Unit Income Property is listed at $698,000, representing a strategic acquisition aligned with its $658,220 Fair Market Value. The estate maintains a superior Condition Rating of 2 following extensive renovations, featuring an updated kitchen with stone countertops and remodeled bathrooms. The unique configuration of a main residence plus two additional units—including a modernized ADU and converted garage—provides exceptional rental upside and house-hacking potential. Near East Oakland Pride Elementary, this asset with ample parking is ideal for Owner-Occupants or Buy-and-Hold Investors seeking maximized cash flow.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2027 83rd Ave Subject | $698,000* List Price | 2 | 2 | 1,561 | $422 | - |
A 1630 84th Ave Sold | $525,000 | 2 | 1 | 1,361 | $386 | 0.3 mi |
B 1968 85th Ave Sold | $595,000 | 3 | 2 | 1,118 | $532 | 0.2 mi |
C 1540 79th Ave Sold | $549,000 | 3 | 2 | 1,344 | $408 | 0.5 mi |
D 1937 87th Avenue Sold | $535,000 | 3 | 1 | 1,232 | $434 | 0.3 mi |
E 966 85th Ave Sold | $525,000 | 3 | 2 | 1,197 | $439 | 0.9 mi |
F 1954 1954 87th Ave Pending | $579,888 List Price | 3 | 2 | 1,282 | $452 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although originally built in 1924, the property has undergone an extensive recent renovation that meets modern quality standards. The interior features a fully updated kitchen with white shaker cabinetry, stone countertops, and high-end stainless steel appliances. The home boasts consistent modern laminate flooring, recessed lighting, and remodeled bathrooms. The presence of a tankless water heater and well-maintained exteriors for both the main house and ADUs indicates a comprehensive update with no visible deferred maintenance.
The property features a main house plus two additional living units (an ADU and a converted garage), providing an exceptional opportunity for house-hacking or generating significant rental income.
The residence has been well-maintained and features an updated kitchen and remodeled bathrooms, offering move-in ready appeal and reducing immediate renovation costs for the buyer.
Rare for the area, the property includes two separate driveways that can accommodate up to five vehicles, a major convenience for a multi-unit setup.
The assigned local schools have ratings between 1 and 3, which may impact the property's appeal to families and long-term resale value.
The inclusion of a converted garage and an external bathroom may present challenges with zoning compliance or financing if these additions were not fully permitted by the city.
Opportunity knocking!!! Beautiful well maintained house plus 2 ADUs with plenty of parking space. Updated kitchen, remodel bathrooms. With a long driveway on the left side that fits 4 cars; and a one car driveway on the right. A must see take an opportunity to live on your house and collect rent for two units. Main house 968 sqft 2bd, 1 1/2 bath, breakfast nook, living room, dining area ADU 530 sqft 2bd, 1 bath, kitchen, living/dining room. Converted garage 437 sqft, kitchen, living room/breakfast, 1 bath, 1 bd. 2 big storage rooms with electricity plus an outside bathroom for visits or parties
No exterior & parking available.
Grades K-5 • 0.2 mi
Grades 6-8 • 0.9 mi
Grades 6-8 • 1.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 1.0 | 64% |
| Square foot | 1,561 | 1,116 | 96% |
| Lot Size | 5,400 | 4,120 | 96% |
| Price | $698.0K | $500.0K | 98% |
| Price per sq ft | $447 | $438 | 53% |
| Built year | 1924 | 1924 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 23 | 179 | 2% |
Mar 30, 2026
$698,000
Initial Listing
Jan 14, 2022
$805,000
Public Record
Nov 19, 2019
$350,000
Public Record