2120 E 22Nd St, Oakland, CA 94606
Offered at
$900,000
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.