2740 2740 73rd Ave, Oakland, California 94605, Oakland, 94605 - 0 bed, 0 bath
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Oakland, California 94605
This High-Yield Mixed-Use Asset is listed at $999,000, offering a stable acquisition price aligned with its $957,844 Fair Market Value. Delivering an exceptional Cap Rate exceeding 8%, the property generates immediate cash flow through three residential units and one commercial storefront. It holds a Good Condition Rating, with two units featuring modern finishes and in-unit laundry. While local School Ratings are low, the Eastmont location and Value-Add potential ensure strong rental demand. This diversified income stream is a premier choice for Buy-and-Hold Investors or Portfolio Diversifiers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2740 2740 73rd Ave Subject | $999,000* List Price | 0 | 0 | 3,196 | $300 | - |
A 3328 66th Ave Sold | $825,000 | 0 | 0 | 3,452 | $239 | 0.4 mi |
B 2714 79th Ave Active | $745,000 List Price | 0 | 0 | 3,100 | $240 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Two of the four units have been fully remodeled with modern finishes, including updated kitchens with stainless steel appliances, shaker-style cabinetry, stone countertops, and contemporary bathrooms with new vanities and tile work. While the building was originally constructed in 1927 and some units remain in original or older condition ('upside potential'), the significant recent renovations to half the property and the overall move-in ready state of the modernized units justify a 'good' rating.
With a cap rate exceeding 8%, this property offers exceptional immediate cash flow and a high-yield return that is rare for the Oakland investment market.
The mixed-use configuration of three residential units and one commercial storefront provides a balanced and stable revenue model, reducing risk through tenant diversification.
Two units are already fully remodeled with premium in-unit laundry, while the remaining units provide a clear path for investors to force appreciation and increase rents.
The property is situated in a district where local schools have ratings as low as 1 to 3, which may impact long-term residential tenant stability and resale appeal.
Built in 1927, the nearly century-old structure may require significant ongoing maintenance or capital improvements to systems and structural integrity compared to newer builds.
Exceptional 4-unit mixed-use investment property offering strong in-place income and immediate cash flow in one of Oakland’s most accessible locations. The property consists of three residential units and one commercial storefront, creating a diversified income stream ideal for investors seeking stability and long-term upside. Two of the residential units have been fully remodeled with modern finishes and in-unit washer and dryer, a highly desirable amenity that supports strong tenant demand and premium rents. The remaining units provide additional upside potential, allowing investors to further increase revenue over time. With a cap rate exceeding 8%, this property stands out as a rare high-yield opportunity in the Oakland market—perfect for investors looking for strong returns from day one. Strategically positioned in the Eastmont District, the property benefits from proximity to Eastmont Town Center, shopping, dining, and essential services, while offering easy access to major freeways and transportation corridors, making it attractive to both residential and commercial tenants.
No exterior & parking available.
Grades K-5 • 0.4 mi
Grades K-5 • 0.7 mi
Grades K-8 • 0.4 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 | 3,196 | 2,488 | 57% |
| Lot Size | 2,500 | 4,000 | 29% |
| Price | $999.0K | $720.0K | 71% |
| Price per sq ft | $313 | $294 | 57% |
| Built year | 1927 | 1927 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 42 | 204 | 14% |
Mar 11, 2026
$999,000
Initial Listing
Feb 11, 2025
$910,000
Public Record
Feb 1, 2013
$240,000
Public Record
May 5, 2006
$560,000
Public Record