$1,400,000 - 2216 23rd St, Oakland

  • 0.16Acres

Oakland Home For Sale

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.

Sales Agent

Sam Smith
  • Sam Smith
  • San Clemente Realtor ®
  • Phone: 949-204-5110
  • Cell: 949-204-5110
  • Contact Agent Now

Amenities

  • Parking Spaces6

Additional Information

  • Date ListedJanuary 9th, 2026
  • Days on Market48
  • Short SaleN
  • RE / Bank OwnedN

Essential Information

  • MLS® #41120534
  • Price$1,400,000
  • Bathrooms0.00
  • Acres0.16
  • Year Built1964
  • TypeResidential Income
  • StatusPending
  • Listing AgentKen Wu
  • Listing OfficeCompass

Exterior

  • ExteriorStucco
  • RoofShingle
  • ConstructionStucco

Community Information

  • Address2216 23rd St
  • SubdivisionHIGHLAND TERRACE
  • CityOakland
  • CountyAlameda
  • Zip Code94606

Interior

  • HeatingWall Furnace
  • CoolingSee Remarks

Price Change History for 2216 23rd St, Oakland, (MLS® #41120534)

Date Details Price Change
Pending (from Active)
Price Reduced (from $1,460,000) $1,400,000 $60,000 (4.11%)

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Based on information from California Regional Multiple Listing Service, Inc. as of April 6th, 2026 at 7:56am PDT. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.