Presented by
Jennifer Cord
Exceptional North Oakland Investment Opportunity
876-880 52nd Street, Oakland
|SOLD! $900,000
Property details
Bedrooms
3
Bathrooms
3
Square Feet
2,517 sq ft
Neighborhood
Outer Temescal, Oakland
Well-maintained triplex on the Temescal / Emeryville border offering strong income potential with immediate upside.
The property features three market-rate units, including one occupied top floor 2-bedroom flat and two vacant level-in street level units ready for lease at current market rents.
Unit 1 (Top Floor – 2+ Bed / 1 Bath): Spacious and light-filled, with high ceilings, original hardwood floors and a decorative fireplace. The flexible layout allows for multiple living configurations. The kitchen opens to a private deck with direct access to the backyard, creating a rare indoor-outdoor flow.
Unit 2 (Level-In - 1 Bed / 1 Bath): Private-entry unit with excellent natural light, new flooring, and a separate kitchen. Offers direct access to the driveway with parking available.
Unit 3 (Level-In – Studio): Bright studio with private entrance, new flooring, and a separate kitchen—a rare feature for this unit type. Also includes direct access to the driveway with parking available.
Additional highlights include on-site laundry, off-street parking, and a large 364 sq ft* detached garage + 477 sq ft* outbuilding, offering significant storage and ADU potential (buyer to verify). Electrical is in place and plumbing access is nearby, providing a strong foundation for future development.
The rear yard features two outdoor areas ideal for tenant use, gardening, or potential reconfiguration to support an ADU with dedicated outdoor space.
Set on a tree-lined block known for its strong sense of community, the neighborhood offers a vibrant and diverse atmosphere with evident pride of ownership throughout, creating an inviting environment for both residents and investors alike.
Conveniently located near Temescal dining and retail, Emeryville amenities, two BART stations, major transit lines, highways, and UCSF Benioff Children’s Hospital.
Ideal for investors or owner-users seeking current income with future expansion potential!
*Measurements taken from graphic artist's site plans, buyer to verify.
The property features three market-rate units, including one occupied top floor 2-bedroom flat and two vacant level-in street level units ready for lease at current market rents.
Unit 1 (Top Floor – 2+ Bed / 1 Bath): Spacious and light-filled, with high ceilings, original hardwood floors and a decorative fireplace. The flexible layout allows for multiple living configurations. The kitchen opens to a private deck with direct access to the backyard, creating a rare indoor-outdoor flow.
Unit 2 (Level-In - 1 Bed / 1 Bath): Private-entry unit with excellent natural light, new flooring, and a separate kitchen. Offers direct access to the driveway with parking available.
Unit 3 (Level-In – Studio): Bright studio with private entrance, new flooring, and a separate kitchen—a rare feature for this unit type. Also includes direct access to the driveway with parking available.
Additional highlights include on-site laundry, off-street parking, and a large 364 sq ft* detached garage + 477 sq ft* outbuilding, offering significant storage and ADU potential (buyer to verify). Electrical is in place and plumbing access is nearby, providing a strong foundation for future development.
The rear yard features two outdoor areas ideal for tenant use, gardening, or potential reconfiguration to support an ADU with dedicated outdoor space.
Set on a tree-lined block known for its strong sense of community, the neighborhood offers a vibrant and diverse atmosphere with evident pride of ownership throughout, creating an inviting environment for both residents and investors alike.
Conveniently located near Temescal dining and retail, Emeryville amenities, two BART stations, major transit lines, highways, and UCSF Benioff Children’s Hospital.
Ideal for investors or owner-users seeking current income with future expansion potential!
*Measurements taken from graphic artist's site plans, buyer to verify.
Investment Details
- Price $915,000
- Price per square foot $364
- 6.1% Pro Forma CAP rate
- 11.5 Pro Forma GRM
- $84,300 Gross Projected income*
- $56,984 NOI Projected
- 2 vacant residential units - 1 leased residential unit
- Upstairs tenants currently month-to-month
- ADU potential for rear structure(s) (841 sq ft total per graphic artist) **
Recent Improvements
- 876 (1 Bedroom) - New flooring throughout, new subpanel, new bathroom sink
- 878 (2 Bedroom) - HVAC 2025, new bathroom floor 2026
- 880 (Studio) - New flooring, new paint, new subpanel, outlets & GFCIs, light switches, new shower enclosure
- Main Building - Full roof replacement 2023, termite remediation 2025 (unit 876 & exterior)
* Includes potential income from garage storage & parking
** Buyer to verify dimensions and ADU requirements
Floor Plans
Floor plan
Site plan
Neighborhood
Known as one of the oldest neighborhoods in North Oakland, Temescal is filled with plenty of rich history, and is a fun place to call home. Temescal features a variety of real estate options, from cozy condos to spacious two-story homes, and everything in between. Most of the single family homes in the neighborhood were built during the 1910s and 1920s, with all of the charm of the early 20th-century, but with fully renovated interiors and exteriors. If you have been in the market for a North Oakland neighborhood with a vibrant commercial district, recreation centers, and convenient access to public transportation and highways, Temescal is a great place to search.
Two of Temescal’s most popular public facilities are located near the intersection of Shafter Avenue and 45th Street; the most notable of these facilities is the Studio One Arts Center. In addition to its annual array of Art Camps, Studio One Arts Center also provides a variety of classes in the Performing Arts, hands-on crafts, painting, and so much more. Adjacent to the Arts Center is the Temescal Pool, which is a great place for adults and kids who want to swim laps, or simply cool off during the summer months.
When Temescal residents need to shop, run errands or enjoy a meal with friends and family, they usually head to Telegraph Avenue, which serves as the main commercial district of the neighborhood. The restaurants along Telegraph Avenue feature several different ethnic cuisines, as well as a tasty option for any time of day. Some of the notable restaurants include:
The CRO Cafe: Located just east of Telegraph Avenue, along 49th Street, this small cafe offers big flavor via their hand-crafted espresso drinks, pastries, and granola. Their outdoor seating provides the perfect atmosphere for enjoying a morning pick-me-up.
Bird & Buffalo: The name of this popular Thai restaurant may not be what you’d expect, their menu certainly delivers for Thai cuisine enthusiasts. Whether it’s a bowl of Drunken Noodles or something hot off the grill, this is the perfect spot for a tasty lunch or dinner.
Asmara: One of several Ethiopian/Eritrean restaurants in Temescal, Asmara has been serving delicious North-African cuisine since 1985. In addition to their authentic Eritrean dishes, they also offer smoothies, an incredible cocktail menu, and Tej, a homemade honey wine.
MacArthur BART Station is located near the southwest corner of Temescal, and provides convenient access to Downtown Oakland (south) Downtown San Francisco (west), Berkeley (north), and the Coliseum. Plus, there are numerous bus routes that service the Temescal neighborhood, making it simple to travel to nearby neighborhoods such as Bushrod, Emeryville, and Longfellow. State Route 24 hugs the western border of Temescal, which connects seamlessly with Interstates 580 and 980.
Two of Temescal’s most popular public facilities are located near the intersection of Shafter Avenue and 45th Street; the most notable of these facilities is the Studio One Arts Center. In addition to its annual array of Art Camps, Studio One Arts Center also provides a variety of classes in the Performing Arts, hands-on crafts, painting, and so much more. Adjacent to the Arts Center is the Temescal Pool, which is a great place for adults and kids who want to swim laps, or simply cool off during the summer months.
When Temescal residents need to shop, run errands or enjoy a meal with friends and family, they usually head to Telegraph Avenue, which serves as the main commercial district of the neighborhood. The restaurants along Telegraph Avenue feature several different ethnic cuisines, as well as a tasty option for any time of day. Some of the notable restaurants include:
The CRO Cafe: Located just east of Telegraph Avenue, along 49th Street, this small cafe offers big flavor via their hand-crafted espresso drinks, pastries, and granola. Their outdoor seating provides the perfect atmosphere for enjoying a morning pick-me-up.
Bird & Buffalo: The name of this popular Thai restaurant may not be what you’d expect, their menu certainly delivers for Thai cuisine enthusiasts. Whether it’s a bowl of Drunken Noodles or something hot off the grill, this is the perfect spot for a tasty lunch or dinner.
Asmara: One of several Ethiopian/Eritrean restaurants in Temescal, Asmara has been serving delicious North-African cuisine since 1985. In addition to their authentic Eritrean dishes, they also offer smoothies, an incredible cocktail menu, and Tej, a homemade honey wine.
MacArthur BART Station is located near the southwest corner of Temescal, and provides convenient access to Downtown Oakland (south) Downtown San Francisco (west), Berkeley (north), and the Coliseum. Plus, there are numerous bus routes that service the Temescal neighborhood, making it simple to travel to nearby neighborhoods such as Bushrod, Emeryville, and Longfellow. State Route 24 hugs the western border of Temescal, which connects seamlessly with Interstates 580 and 980.
Jennifer Cord
Better Homes & Gardens Real Estate - Reliance Partners
REALTOR
- DRE:
- #01352129
- Mobile:
- 510-599-1751
jennifercord.com
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Schedule
Additional showing availability for occupied unit on Tuesdays & Thursdays from 11am - 1pm
contact Jennifer Cord at [email protected]
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Jennifer Cord
Better Homes & Gardens Real Estate - Reliance Partners
REALTOR
- DRE:
- #01352129
- Mobile:
- 510-599-1751