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2120 E 22Nd St Oakland, CA 94606
5,248 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Subdivision Highland Terrace
MLS Listing ID 41122222
HOA Y/N No
Year Built 1962
Lot Size 5,248 Sqft
Property Sub-Type Quadruplex
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
Interior
Heating Natural Gas, Wall Furnace
Flooring Carpet, Laminate, Tile
Fireplace No
Appliance Gas Water Heater
Exterior
Roof Type Shingle
Total Parking Spaces 8
Building
Lot Description Back Yard, Street Level
Sewer Public Sewer
Others
Tax ID 22296123
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Listed by Thomas Garabedian Cone Red Oak Realty