California
Oakland
2120 E 22Nd St

$900,000

2120 E 22Nd St, Oakland, CA 94606

Multi-Family Home
Built in 1962
5,249sqft lot
—— car garage
$——/sqft
Listed 14 days ago

Property Description

Fully leased 4-unit property in Oakland’s Highland Terrace neighborhood, generating $8,295/month in rental income. Each unit is a 2BD/1BA (approx. 705 sq. ft.), for a total of 2,860 sq. ft. across the building. Features include an onsite laundry room, four parking spaces, and a large backyard with ADU potential while retaining existing parking in the front. Located 1.5 miles from Fruitvale BART and minutes to I-580/I-880, the property offers strong commuter access. Just 0.5 miles from Highland Hospital, a major employment hub, ensuring steady rental demand and opportunity for rent growth. Offered at a 6.4% CAP, this is a turnkey investment in a core East Bay location with both stability and future upside.

Listing Status:: Active
Date Added:: July 18, 2025 at 05:00AM
Listing Office:: Keller Williams Realty : 925-934-2900
Listing Agent:: Joey Wang : 510-592-4244
MLS ID:: 41105290

Appliances: Gas Water HeaterDryerWasher
Flooring: CarpetLaminateTileVinyl
A/C: None
Heating: Natural GasWall Furnace

This listing courtesy of Joey Wang, Keller Williams Realty

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

Garfield Elementary School

1640 22nd Ave, Oakland, CA, 94606

Grades PK-5

0.35 miles away

Roosevelt Middle School

1926 E 19th St, Oakland, CA, 94606

Grades 6-8

0.26 miles away

Oakland High School

1023 MacArthur Blvd, Oakland, CA, 94610

Grades 9-12

0.96 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.