2216 2216 23rd St, Oakland, CA 94606
Local realty services provided by:Better Homes and Gardens Real Estate Wine Country Group
2216 2216 23rd St,Oakland, CA 94606
$1,400,000
- - Beds
- - Baths
- - sq. ft.
- Multi-family
- Active
Listed by: ken wu, tony zizzo
Office: compass
MLS#:41120534
Source:CRMLS
Price summary
- Price:$1,400,000
About this home
Introducing 2216 E 23rd Street, Oakland, CA to the open market. This well-maintained six-unit apartment building is located in a quiet residential pocket of Oakland and is widely regarded as one of the nicest properties in the immediate area, offering tenants a peaceful setting with convenient access to daily necessities and nearby amenities. This standout property features a strong and desirable unit mix of (2) 3 Bed, 1 Bath units, (3) 2 Bed, 1 Bath units, and (1) 1 Bed, 1 Bath unit, all of which have been renovated and consistently maintained. Rebuilt in 1974, the building offers one-to-one parking directly in front of the property, an on-site laundry room, and separate PG&E meters, enhancing both tenant appeal and operational efficiency. Additionally, two units shall be delivered vacant, providing immediate upside through owner-occupancy or lease-up to market rents. Offered at a compelling 7% cap rate and 9.1 GRM, this asset presents a rare opportunity for stable cash flow with long-term value growth.
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Home facts
- Year built:1964
- Listing ID #:41120534
- Added:42 day(s) ago
- Updated:February 21, 2026 at 02:34 PM
Heating and cooling
- Heating:Wall Furnace
Structure and exterior
- Roof:Shingle
- Year built:1964
- Lot area:0.16 Acres
Finances and disclosures
- Price:$1,400,000
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