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Bailey Properties
2820 GARDEN ST, Oakland, CA 94601
- $1,350,000
Listed by David Gunderman, (510) 205-4369 from KW Advisors East Bay
(If provided) CoList: Joe Dickerson from KW Advisors East Bay
- List Price
- $1,350,000
- MLS#
- BE41152176
- Status
- ACTIVE
- Lot Size
- 9,900
- Listing Area
- Oakland Zip Code 94601
- Year Built
- 1952
Property Description
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
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Additional Information
- Acres
- 0.23
- Amenities
- None
- Cooling System
- None
- Exterior Features
- Stucco
- Floor Covering
- Tile, Hardwood
- Garage Parking
- Spaces per Unit - 1, Parking Area
- Heating System
- Wall Furnace
- Laundry Facilities
- Laundry Area - In Unit
- Lot Size
- 9,900
- Neighborhood
- Oakland Zip Code 94601
- Numberof Units
- 8
- Unincorporated Yn
- Yes
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The data relating to real estate for sale on this display comes in part from the Internet Data Exchange program of the MLSListingsTM MLS system. Real estate listings held by brokerage firms other than Bailey Properties are marked with the Internet Data Exchange and detailed information about them includes the names of the listing brokers and listing agents.
Based on information from MLSListings MLS as of . All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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