THE FEELING: 2810-2820 Garden Street pairs two fourplexes on a single Oakland lot, fully occupied and professionally managed, with upside as units turn over. THE PROPERTY: Built in 1952, all eight units share the same plan: two bedrooms, one bath, approximately 808 square feet. A uniform unit mix keeps leasing, turnover, and upkeep straightforward. Electric and gas are separately metered, and on-site parking serves residents. RECENT WORK: Approximately $83,000 in improvements and repairs were completed in 2025, including roof, electrical, interior, and exterior work. THE NUMBERS: Offered at $1,350,000, or $168,750 per unit. Tax records show 6,728 square feet. The property delivers a 5.94% cap rate on current income and an 8.65% pro forma cap rate at market rents. Income and expense documentation is available on request. OUTSIDE YOUR DOOR: In Oakland's Reservoir Hills neighborhood, minutes from the Dimond District, with transbay bus lines close by. STATS: 8 units | 2BD/1BA each | ±808 SF per unit | 6,728 SF per tax records | Separately metered for electric and gas | Built 1952 | 100% occupied | Offered at $1,350,000
| MLS # | 41152176 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1952 |
| Days On Site | 18 |
| Listing Provided By | KW Advisors East Bay | David Gunderman |
| Units | 8 |
|---|---|
| Acreage | 0.23 |
| Cooling | None |
|---|---|
| Heating | Wall Furnace |
| Heating Yes / No | Yes |
| Cooling Yes / No | Yes |
| Construction Materials | Stucco |
|---|
| Property | 25172 |
|---|
| State | CA |
|---|---|
| County | Alameda |
| City | Oakland |
| Zip Code | 94601 |
| Community Name | MEADOWBROOK |
| Listing VS Median (in MEADOWBROOK) | |
Price: $1,350,000 low | high Med: $504,500 On site: 18 low | high Med: 117 | |
| State | CA |
|---|---|
| County | Alameda |
| City | Oakland |
| Zip Code | 94601 |
| Community Name | MEADOWBROOK |
| Listing VS Median (in MEADOWBROOK) | |
Price: $1,350,000 low | high Med: $504,500 On site: 18 low | high Med: 117 | |
![]() | $1,100,0002529 E 27th StOakland, CA 94601 |