1947 E 22Nd St
Oakland, CA, 94606
$1,100,000
Beds
0 Baths
SqFt
0.16 Acres
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MLS #40845547 image #0
This property is a dynamic cash flow machine, as it generates a true 5% Capitalization Rate on the existing financials and is located in the very desirable Highland Heights Neighborhood less than 5 minutes away from Highland Hospital making for an extremely strong rental demand. The unit mix is outstanding, comprised of 5 very large 2bd/1ba apartments with on-site parking for each unit and the property also has onsite laundry.  Two of the units are rented close to market and the other Three are under market, which means there is also  upside value in the rents.

Property Details

Price:
$1,100,000
MLS #:
40845547
Status:
Active
Baths:
0
Type:
Residential Income
Subtype:
Apartment
Listed Date:
Nov 8, 2018
Lot Size:
7,000 sqft / 0.16 acres (approx)
Year Built:
1964

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Construction Materials
Stucco

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Subdivisions in Oakland

Market Summary

Current real estate data for Residential Income in Oakland as of Oct 22, 2025
231
Residential Income Listed
217
Avg DOM
$1,023,602
Avg List Price

Property Summary

    1947 E 22Nd St Oakland CA is a Residential Income for sale in Oakland, CA, 94606. It is listed for $1,100,000

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1947 E 22Nd St
Oakland, CA