2216 23rd St
Oakland, CA, 94606
$1,400,000
Beds
0 Baths
0 SqFt
0.16 Acres
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MLS #41120534 image #0
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 7% cap rate and 9.1 GRM, this asset presents a rare opportunity for stable cash flow with long-term value growth.

Property Details

Price:
$1,400,000
MLS #:
41120534
Status:
Pending
Beds:
0
Baths:
0
Type:
Single Family
Subdivision:
HIGHLAND TERRACE
Listed Date:
Jan 9, 2026
Lot Size:
7,000 sqft / 0.16 acres (approx)
Year Built:
1964
Highland Terrace

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Schools

Interior

Cooling
SEE
Heating
WL

Exterior

Construction Materials
STC
Parking Spots
6
Roof
SHN

Financial

Net Operating Income
$97,657

Map

Community

Market Summary

Current real estate data for Single Family in Oakland as of Mar 05, 2026
388
Single Family Listed
84
Avg DOM
490
Avg $ / SqFt
$912,431
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 $1,400,000 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 $490. The average listing price for Single Family in Oakland is $912,431.

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