2216 23rd St, Oakland, CA 94606
Local realty services provided by:Better Homes and Gardens Real Estate Everything Real Estate
2216 23rd St,Oakland, CA 94606
$1,460,000
- - Beds
- - Baths
- - sq. ft.
- Multi-family
- Active
Upcoming open houses
- Fri, Jan 1609:30 am - 11:00 am
Listed by: ken wu, tony zizzo
Office: compass
MLS#:41120534
Source:CRMLS
Price summary
- Price:$1,460,000
About this home
The R&Z Group of Compass Commercial is excited to introduce 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 are currently vacant, providing immediate upside through owner-occupancy or lease-up to market rents. Offered at a compelling 6.5% cap rate and 9.7 GRM, this asset presents a rare opportunity for stable cash flow with long-term value growth.
Contact an agent
Home facts
- Year built:1964
- Listing ID #:41120534
- Added:1 day(s) ago
- Updated:January 10, 2026 at 12:28 PM
Heating and cooling
- Heating:Wall Furnace
Structure and exterior
- Roof:Shingle
- Year built:1964
- Lot area:0.16 Acres
Finances and disclosures
- Price:$1,460,000
New listings near 2216 23rd St
- New
$585,000Active3 beds 2 baths1,200 sq. ft.3137 Pleitner Ave, Oakland, CA 94602
MLS# 41120543Listed by: F A S REALTY INC. - Open Sun, 2 to 4pmNew
$799,000Active2 beds 2 baths1,145 sq. ft.5405 Carlton St #303, Oakland, CA 94618
MLS# 41120465Listed by: COMPASS - Open Sun, 2 to 4pmNew
$800,000Active2 beds 2 baths1,009 sq. ft.5400 Broadway Ter #302, Oakland, CA 94618
MLS# 41120466Listed by: THE GRUBB COMPANY - Open Sun, 1 to 4pmNew
$828,000Active-- beds -- baths2539 Grande Vista Ave, Oakland, CA 94601
MLS# 41120470Listed by: COMPASS - New
$719,000Active2 beds 2 baths1,097 sq. ft.10601 Sheldon St, Oakland, CA 94605
MLS# 41120502Listed by: REAL ESTATE EXPERTS ERA POWERED - New
$538,000Active3 beds 1 baths1,252 sq. ft.2016 38th Ave, Oakland, CA 94601
MLS# 41120546Listed by: F A S REALTY INC. - New
$538,000Active3 beds 1 baths1,252 sq. ft.2016 38th Ave, Oakland, CA 94601
MLS# 41120546Listed by: F A S REALTY INC. - Open Sun, 1 to 4pmNew
$899,000Active3 beds 1 baths1,377 sq. ft.687 JEAN STREET, OAKLAND, CA 94610
MLS# 41119730Listed by: ROSSMOOR REALTY / J.H. RUSSELL - New
$699,000Active2 beds 2 baths1,349 sq. ft.1 Lakeside Dr #821, Oakland, CA 94612
MLS# 41119428Listed by: BDT REALTY