2223 E 23rd St
Oakland, CA 94606
14
Bed
6
Bath
7,000Sqft(Lot)
A rare and compelling income-producing opportunity in the heart of Oakland — this well-maintained 4-unit multifamily building offers 3,981 square feet of living space on a 7,000 square foot lot, delivering strong day-one cash flow with significant long-term upside. Currently generating $7,900 in monthly gross rental income with a cap rate exceeding 8%, the numbers speak for themselves — this is one of Oakland’s most attractive investment opportunities to hit the market in recent memory. The property features a desirable mix of spacious units with coin laundry on-site, providing additional income and convenience for tenants. The generous 7,000 square foot lot also presents an exceptional ADU development opportunity — adding a unit would further increase rental income and drive long-term ass
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Interior Features
Appliances: GasWaterHeater -
Heating & Cooling
Has Heating: Yes Heating: WallFurnace
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Building Information
Year Built: 1898Construction Materials: WoodSidingPrivate Pool: No
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Lot Information
Main Square Feet: 7000 Lot Size Acres: 0.1607 Lot Size Source: PublicRecords Lot Size Square Feet: 7,000 Lot Description: BackYardProperty Information
Subdivision: None Source Property Type: ResidentialIncome Property SubType: Quadruplex Property Age: 128
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Listing Price Information
Listing Price: $918000Original Price: $938000Cash, Conventional
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Tax Information
Parcel Number: 2229631
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Virtual Tour
Parking Information
Parking Total: 8 GarageGarage Information
Has Garage: Yes
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Location Information
Direction: Cross Street: 23rd Ave.
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 1927 E 15th Street, Oakland, CA, 94606 | $900,000 | -- | -- | 2,493 | 5,950.30 Sqft |
| 2731 Vallecito Place, Oakland, CA, 94606 | $415,000 | -- | -- | 1,496 | 8,433.22 Sqft |
| 2051 23rd Ave, Oakland, CA, 94606 | $615,000 | 9 | 5 | -- | 3,564 Sqft |
| 2445 10th Avenue, Oakland, CA, 94606 | $529,000 | 3 | 2 | -- | 5,625 Sqft |
| 1712 E 21st, Oakland, CA, 94606 | $699,000 | 4 | 4 | -- | 5,000 Sqft |
| Residentialincome, Oakland, CA, 94606 | $580,000 | 3 | 2 | -- | 4,000 Sqft |
| 2136 Foothill Boulevard, Oakland, CA, 94606 | $768,000 | 4 | -- | 2,338 | 4,467 Sqft |
| 2116 International Blvd, Oakland, CA, 94606 | $1,280,000 | 8 | 5 | -- | 3,703 Sqft |
| 9th Avenue, Oakland, CA, 94606 | $989,999 | -- | -- | 3,017 | -- |
| 1820 International Blvd, Oakland, CA, 94606 | $699,000 | 5 | 5 | -- | 3,500 Sqft |
Similar Multifamily To 2223 E 23rd St
Nearby For Sale
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ByOwner last updated this listing 09/11/2026 @ 19:13
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