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.
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LAST UPDATED
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9/25/2026
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YEAR BUILT
|
1919
|
|
GARAGE SPACES
|
1.0
|
COUNTY
|
Alameda
|
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STATUS
|
Sold
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PROPERTY TYPE(S)
|
Multi Family
|
| AIR |
Other |
| AIR CONDITIONING |
Yes |
| BASEMENT |
Crawl Space |
| CONSTRUCTION |
Frame |
| GARAGE |
Yes |
| HEAT |
Wall Furnace |
| LOT |
6500 acre(s) |
| LOT DIMENSIONS |
6500.00 |
| PARKING |
Detached |
| POOL DESCRIPTION |
None |
| SEWER |
Private Sewer |
| TAXES |
8933 |
| WATER |
Private |
Listed by Ray Rodriguez | 650-405-0743, Compass
The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the MLSListings™ MLS system. All real estate listings in the MLSListings MLS system are marked with the MLSListings Internet Data Exchange icon (a stylized house inside a circle), and detailed information about them includes the names of the listing brokers and listing agents.
Based on information from MLSListings MLS as of 9/26/26 10:27 AM PDT. 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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