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2120 E 22nd Avenue, Oakland, CA 94606

Oakland
Local realty services provided by:CENTURY 21 Masters
2120 E 22nd Avenue,Oakland, CA 94606
$850,000
  • 8 Beds
  • 4 Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: mark r chow
Office: compass
MLS#:426143356
Source:CABCREIS

Price summary

  • Price:$850,000

About this home

Investors and Opportunists. Selling for a 250k loss in just a few years. That is right, purchased for 1.1 need to sell bottom line is 850k need an offer now - price is final and a 7.5% cap with real numbers only. 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 $212,500 a unit and a sub-10 GRM, this type of stabilized East Bay multifamily is hard to find.

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Home facts

  • Year built:1962
  • Listing ID #:426143356
  • Added:8 day(s) ago
  • Updated:July 09, 2026 at 03:30 PM

Rooms and interior

  • Bedrooms:8
  • Total bathrooms:4
  • Full bathrooms:4
  • Rooms Total:16
  • Flooring:Carpet, Tile

Structure and exterior

  • Roof:Composition
  • Year built:1962
  • Lot area:0.12 Acres
  • Levels:2 Story

Utilities

  • Water:Water District
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$850,000

Features and amenities

  • Laundry features:Common Area

Parking

  • Total parking spaces:4
  • Carport spaces:4
The information being provided by San Francisco Association of REALTORS is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the San Francisco Association of REALTORS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, including but not limited to open house information, square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by San Francisco Association of REALTORS and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. CABCREIS Member Broker: Romeo Aurelio

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