2120 E 22Nd St

2120 E 22Nd St, Oakland, CA 94606

$825,000

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.

8
beds

2,860 Sq.Ft. LIVING AREA

5,250 Sq.Ft. lot

Garabedian & Loebl Team - Sara, Tommy, Rob

title REALTORS®
PHONE (510) 499-1235
EMAIL [email protected]
DRE # 0931842, 02034258

Features & Amenities

Interior

total bedrooms8
Flooring Laminate, Tile, Carpet
APPLIANCES Gas Water Heater

Area & Lot

Status For Sale
Living Area2,860 Sq.Ft.
Total Area2,860 Sq.Ft.
Lot Area5,250 Sq.Ft.
MLS® ID41122222
TypeMulti-Family
YEAR BUILT1962
NeighborhoodOakland
School DistrictOakland (510) 879-8111

Exterior

utilitiesIndividual Gas Meter, Master Electric Meter
lot featuresLevel
parkingSpace Per Unit - 2, Tandem
HEAT TYPENatural Gas, Wall Furnace
AIR CONDITIONINGNo Air Conditioning
security FeaturesCarbon Monoxide Detector(s), Smoke Detector(s)
other exterior FeaturesBack Yard

Financial

Sales Price$825,000

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2120 E 22Nd St

$825,000

Garabedian & Loebl Team - Sara, Tommy, Rob

Features & Amenities

Interior

Area & Lot

Exterior

Financial

Schedule a Showing

Schedule a Showing

Oakland

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Red Oak Realty

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