Introducing 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 shall be delivered 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.
Property Details
Price:
$1,460,000
MLS #:
41120534
Status:
Active
Beds:
0
Baths:
0
Type:
Single Family
Subdivision:
HIGHLAND TERRACE
Listed Date:
Jan 20, 2026
Lot Size:
7,000 sqft / 0.16 acres (approx)
Year Built:
1964
See this Listing
Schools
Interior
Cooling
SEE
Heating
WL
Exterior
Construction Materials
STC
Parking Spots
6
Roof
SHN
Financial
Map
Community
- Address2216 23rd St Oakland CA
- SubdivisionHIGHLAND TERRACE
- CityOakland
- CountyAlameda
- Zip Code94606
Subdivisions in Oakland
- ALAMEDA
- ALLENDALE
- ARROYO PARK
- CENTRAL STATION-PACIFIC CANNERY LOFTS
- CLEVELAND HEIGHTS
- CLINTON
- CRESTMONT
- CROCKER HGHLANDS
- CROCKER/GLENVIEW
- DIMOND
- E OAKLAND
- EAST OAKLAND
- ELMHURST
- GLENVIEW
- HARRINGTON
- HIGHLAND PARK
- HILLER HIGHLANDS
- Hoover-Foster
- JACK LONDON
- KING ESTATES
- LAKESIDE
- LAS PALMAS
- LINCOLN HIGHLAND
- LOCKWOOD
- Longefellow
- LOWER ROCKRIDGE
- MACARTHUR
- MERRIEWOOD
- MILLMONT
- MONTCLAIR
- MOSSWOOD
- NOBE
- OAK CENTER
- OAK KNOLL
- OAKLAND
- OAKLAND HILLS
- OAKLAND ZOO
- PIEDMONT BORDER
- PRESCOTT
- Prescott South
- REDWOOD HEIGHTS
- RIDGEMONT
- ROCKRIDGE
- SAN ANTONIO
- SANTA FE
- SEQUOYAH HILLS
- TEMESCAL
- UPPER DIMOND
- UPPER LAUREL
- UPPER MILLSMONT
- UPPER ROCKRIDGE
- Uptown
- WEST OAK
- WEST OAKLAND
Market Summary
Current real estate data for Single Family in Oakland as of Feb 10, 2026
330
Single Family Listed
73
Avg DOM
468
Avg $ / SqFt
$887,622
Avg List Price
Property Summary
- Located in the HIGHLAND TERRACE subdivision, 2216 23rd St Oakland CA is a Single Family for sale in Oakland, CA, 94606. It is listed for $1,460,000 and features 0 beds, 0 baths, and has approximately 0 square feet of living space, and was originally constructed in 1964. The average price per square foot for Single Family listings in Oakland is $468. The average listing price for Single Family in Oakland is $887,622.
Similar Listings Nearby
2216 23rd St
Oakland, CA


