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.
116 days
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280
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8
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Zillow last checked:
Listing updated:
Listed by:
Ray Rodriguez01999734650-405-0743,
Compass415-345-3000,
Tony Zizzo01962093650-770-8356
Source: MLSListings Inc,MLS#: ML82041567
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 1
Bathrooms: 2
Heating
Wall Furnace
Cooling
Other
Appliances
Laundry: Coin Operated
Features
Doors: Other
Interior area
Total structure area: 2,884
Total interior livable area: 2,884 sqft
Property
Parking
Total spaces: 2
Parking features: Detached
Garage spaces: 1
Has carport: Yes
Accessibility
Accessibility features: Other
Lot
Size: 6,500 Square Feet
Details
Parcel number: 0100787023
Zoning: R-70
Special conditions: Standard
Construction
Type & style
Home type: MultiFamily
Property subtype: Five Or More Units, Residential Income
Materials
Foundation: Crawl Space, Concrete Perimeter and Slab
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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