2218 82nd Ave, Oakland, California 94605, Oakland, 94605 - 0 bed, 0 bath
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Oakland, California 94605
This Turnkey Quadruplex with Development Upside is listed at $949,000, positioned below the $958,027 Fair Market Value by 1%. This valuation provides $9,027 in Instant Equity for an asset boasting a Renovated Condition Rating. Featuring modern quartz kitchens and updated flooring, the property sits on an expansive 12,320 sq ft lot with entitlements for 4 additional units. While local School Ratings are low, the proximity to major transit hubs ensures high rental demand. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a high-yield house-hack with significant development upside.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2218 82nd Ave Subject | $939,000* List Price | 0 | 0 | 2,858 | $319 | - |
A 7856 Ney Ave Active | $825,000 List Price | 0 | 0 | 2,770 | $298 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although originally built in 1944, the property has undergone an extensive recent renovation within the last 5 years. The interiors feature modern kitchens with quartz countertops and stainless steel sinks, tastefully updated bathrooms with contemporary tiling and gold fixtures, new flooring throughout, and updated recessed lighting, meeting high quality standards with no visible deferred maintenance.
The property sits on an expansive 12,320 sq ft lot with city-granted entitlements for 4 additional units, offering a rare opportunity for investors to significantly increase density and cash flow.
Recently refreshed interiors featuring modern kitchens with quartz countertops, updated flooring, and renovated bathrooms reduce immediate capital expenditure requirements for new owners.
As a 2,858 sq ft quadruplex with one unit delivered vacant, the property is ideal for owner-occupants seeking a mortgage helper or investors looking to capitalize on immediate market-rate rental income.
The local public schools are rated poorly, with scores ranging from 1 to 3, which may deter long-term family tenants and impact the property's competitive edge in the broader resale market.
The development potential is subject to buyer verification, placing the burden of confirming zoning compliance and construction feasibility on the purchaser, which introduces project risk.
2218 82nd Ave offers a rare opportunity to own a spacious property in Oakland’s established Castlemont neighborhood with added development upside. Featuring 6 bedrooms and 4 bathrooms across approx. 2,858 sq ft on a generous 12,320 sq ft lot, this property provides flexibility for multi-generational living or income potential. Recently refreshed interiors include updated flooring, modern kitchens with quartz counters, and tastefully renovated baths. One unit is vacant allowing buyers to experience the full potential. The city has granted entitlements for 4 additional units (buyer to verify), presenting a compelling opportunity for expansion or increased income. Expansive lot offers ample outdoor space, parking, and future possibilities. Conveniently located near Oakland Hills, BART, major corridors, and Oakland International Airport, providing easy access for commuters while staying close to local amenities, schools, and community roots. Ideal for owner-occupants, investors, or developers seeking scale, location, and long-term upside.
No exterior & parking available.
Grades K-5 • 0.3 mi
Grades K-8 • 0.5 mi
Grades 6-8 • 1.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 0.0 | 50% |
| Baths | 0.0 | 0.0 | 50% |
| Square foot | 2,858 | 2,755.5 | 50% |
| Lot Size | 12,320 | 4,500 | 75% |
| Price | $939.0K | $737.5K | 75% |
| Price per sq ft | $329 | $284 | 50% |
| Built year | 1944 | 1943 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 85 | 103 | 50% |
Jun 6, 2026
$939,000
$949,000
-1% Price Drop
Initial Listing
Mar 21, 2026
$949,000
Initial Listing
Sep 11, 2019
$780,000
Public Record