2216 23rd St, Oakland, CA 94606

Oakland
Local realty services provided by:Better Homes and Gardens Real Estate Clarity
2216 23rd St,Oakland, CA 94606
$1,400,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Pending
Listed by: ken wu, tony zizzo
Office: compass415-929-7100
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...

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Home facts

  • Year built:1964
  • Listing ID #:41120534
  • Added:90 day(s) ago
  • Updated:April 11, 2026 at 07:34 AM

Heating and cooling

  • Heating:Wall Furnance

Structure and exterior

  • Roof:Shingle
  • Year built:1964
  • Lot area:0.16 Acres
  • Construction Materials:Stucco

Finances and disclosures

  • Price:$1,400,000

Parking

  • Total parking spaces:6
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