2223 E 23Rd St, Oakland, CA 94606
2223 E 23Rd St, Oakland, CA 94606
2223 E 23Rd St, Oakland, CA 94606
2223 E 23Rd St, Oakland, CA 94606
2223 E 23Rd St, Oakland, CA 94606
2223 E 23Rd St, Oakland, CA 94606
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Eric Sandate

Eric Sandate

+1(650) 576-5580
Listed by Leo Zhang, DRE #02024974 • RE/MAX Accord
$ 938,000
Est. payment | /mo

14 Beds

6 Baths

3,981 SqFt

Save
$ 938,000
Est. payment | /mo
Save

14 Beds

6 Baths

3,981 SqFt

Key Details

Property Type Multi-Family

Sub Type Fourplex

Listing Status Active

Purchase Type For Sale

Square Footage 3,981 sqft

Price per Sqft $235

MLS Listing ID BE41141385

Bedrooms 14

Year Built 1898

Lot Size 7,000 Sqft

Property Sub-Type Fourplex

Source Bay East

Property Description

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 asset appreciation. Whether you're a seasoned investor looking to expand your portfolio or an owner-occupant seeking to live in one unit while the others pay your mortgage, this versatile asset offers a strategy for every type of buyer. Ideally situated in the vibrant Highland Terrace neighborhood of Oakland, the property enjoys outstanding walk ability and unbeatable access to Fruitvale BART Station, Lake Merritt, Laney College, Highland Hospital, I-880 and I-580 freeways, Oakland International Ai

Location

State CA

County Alameda

Area Oakland Zip Code 94606

Interior

Heating Wall Furnace

Cooling Air Conditioning - None

Flooring Laminate, Concrete

Exterior

Exterior Feature Siding - Wood

Parking Features Detached Garage, Parking Area

Garage Spaces 8.0

Roof Type Other

Building

Lot Description Regular

Water Heater - Gas

Others

Tax ID 22-296-31

Special Listing Condition Not Applicable

MLS Listing IDX PLUS
Copyright 2026 MLSListings Inc All rights reserved.

Nearby Locations

Eric Sandate

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(650) 576-5580

eric.sandate@exprealty.com

1641 Laurel St, San Carlos, CA, 94070-5216, USA

GET MORE INFORMATION

Name
Phone*
Message

By checking this box, I agree to receive recurring marketing communication from Eric Sandate, including auto-dialed calls, texts, and artificial/prerecorded voice messages (message frequency varies; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for assistance); Consent not required to make a purchase. I understand that I can call to obtain direct assistance.

By checking this box, I agree to the Terms of Service and Privacy Policy of this website.

Go tour this home

2223 E 23Rd St