Active

Residentialincome

Oakland, CA 94606
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Bed 0

Bed

Bath 0

Bath

SqFt7,000

Sqft(Lot)

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.

Detail Ic Property Details

Property Type : ResidentialIncome

Price : $1,100,000

AD Id : 45722016

MLS Id : 40845547

Lot Size : 7,000 Sqft

Year Built : 1964

County : Alameda

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Feature Features

  • Heating & Cooling

    Has Heating: Yes Heating: Wall Furnace Cooling: None

  • Building Information

    Year Built: 1964
    Construction Materials: Stucco
    Private Pool: No

  • Lot Information

    Main Square Feet: 7000 Lot Size Acres: 0.16 Lot Size Square Feet: 7,000 Lot Description: Sloped Down

  • Listing Price Information

    Listing Price: $1100000

  • Tax Information

    Parcel Number: 2129032 Annual Tax: $17316

  • Location Information

    Direction: 1947 E. 22nd St., Oakland, CA Cross Street: 19th Ave.
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
Lakeshore Avenue #309, Oakland, CA, 94606 $619,000 2 2 1,120 1,120 SqFt
23rd Avenue, Oakland, CA, 94606 $799,999 4 3 1,366 1,366 SqFt
710 E 22nd #203, Oakland, CA, 94606 $485,000 2 1 886 886 SqFt
1927 E 15th Street, Oakland, CA, 94606 $898,000 8 3 2,493 2,493 SqFt
1515 14th Ave #403, Oakland, CA, 94606 $279,888 1 1 663 663 SqFt
322 Hanover Ave #512, Oakland, CA, 94606 $649,000 2 2 1,005 1,005 SqFt
322 Hanover Avenue #511, Oakland, CA, 94606 $650,000 2 2 1,037 1,037 SqFt
1830 Lakeshore Avenue #.., Oakland, CA, 94606 $450,000 2 2 1,120 1,120 SqFt
252 International Blvd .., Oakland, CA, 94606 $615,000 3 2 1,453 1,453 SqFt
1438 Lakeshore Ave #6, Oakland, CA, 94606 $399,000 1 1 687 687 SqFt

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ByOwner last updated this listing 07/26/2026 @ 18:21

MLS: 40845547 LISTED BY: STEVEN PETERSON, INFINITY INVESTMENTS 510-879-7542 SOURCE: CRMLS

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