Map
Listed price in listed location currency (USD).
$895,000

844

MLS® 426126255

Overview

Key Facts

Type Quadruplex
Levels Residential Income
Size -
Garage 
Taxes 
Days Active 0
Lot Size 
Approx. Age 1962
MLS® Number 426126255

Property Address: 2120 22nd Ave, Oakland, CA, 94606

Average square foot calculated using Size range provided by listing agent.

Description

Attention Investors! A fully occupied, cash-flowing four-unit investment in Oakland's Highland Terrace offered at a 7.04% cap rate with $62, 992 in net operating income and $7, 762 in monthly gross rents collected today. All four units are 2-bedroom/1-bath, currently generating $93, 143 in gross scheduled rent annually. The two-story wood-frame building has been refreshed throughout renovated kitchens with quartz countertops, stained hardwood cabinetry, subway tile backsplash, and luxury vinyl plank flooring across all units. The property features a security-gated front and rear entry, private side yard, and rear surface parking lot. At $223, 750/unit and a sub-10 GRM, this type of stabilized East Bay multifamily is increasingly hard to find clean, income-producing, and priced to move. Key Metrics Offering Price: $895, 000 Price/Unit: $223, 750 GRM: 9.61 Cap Rate: 7.04% NOI: $62, 992 Monthly Gross Rents: $7, 762 Units: 4 2BR/1BA 100% Occupied
MLS® Number426126255
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1962
Basement
DrivewaySee Remarks
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Apr 29, 2026List Date
$895,000List Price

Map

Like what you see?

Complete the form and we'll be in touch. No login necessary.

Add a Comment
Loading...

Similar Listings

Comparable Properties