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Listed by Thomas Garabedian Cone • Red Oak Realty
$825,000
Est. payment /mo
8 Beds
4 Baths
2,860 SqFt
New
2120 E 22Nd St Oakland, CA 94606
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Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Active
Purchase Type For Sale
Square Footage 2,860 sqft
Price per Sqft $288
MLS Listing ID EB41122222
Bedrooms 8
Year Built 1962
Lot Size 5,250 Sqft
Property Sub-Type Fourplex
Source Bridge MLS
Property Description
Value-Add Fourplex | Highland Terrace | Income + Upside | 7.73% estimated in-place cap rate. 2120 E 22nd St presents a compelling four-unit opportunity for investors or owner-occupants seeking immediate income with clear upside. Located in Oakland's Highland Terrace neighborhood, the property benefits from strong rental demand and proximity to transit, neighborhood services, and key commuter routes. The property includes four (4) 2bed/1bath units with off-street parking and coin-op laundry. This is a practical acquisition for buyers who want near-term growth through rent optimization rather than waiting years for natural turnover. PSL compliant.
Location
State CA
County Alameda
Area Oakland Zip Code 94606
Interior
Heating Gas, Wall Furnace
Cooling Air Conditioning - None
Flooring Laminate, Tile, Carpet - Wall to Wall
Exterior
Exterior Feature Stucco
Parking Features Spaces per Unit - >1, Tandem Parking
Garage Spaces 8.0
Roof Type Composition
Building
Lot Description Grade - Level
Sewer Sewer - Public
Water Public, Heater - Gas
Others
Tax ID 22-296-12-3
Special Listing Condition New, Not Applicable

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