6.42% Cap Rate! 1140 E 22nd Street, a fully-renovated 5-unit property located in Oakland's Clinton neighborhood. The property consists of one (1) large 3-bedroom 2- bathroom unit totaling 1,100 square feet, one (1) 2-bedroom 2- bathroom unit, and three (3) 2-bedroom 1-bathroom units. Each unit has its own private balcony, modern gourmet kitchen with premium appliances, new bathrooms, huge closets, vinyl wood flooring, recessed LED lighting, and brand new modern design laminate glass entry door. Each unit is also individually metered for Gas and Electricity, limiting the operating expenses. This is an excellent opportunity to acquire a fully occupied turn-key stabilized asset. 1140 E 22nd St is located in the charming Clinton Neighborhood of Oakland just blocks from Lake Merritt. Situated south of Grand Avenue, the location allows tenants the convenience of Trader Joe's, Starbucks Coffee, and various cafes and shops, all within walking distance. Tenants may also indulge in the best of Oakland's restaurants and nightlife, including the charming Grand Lake Theatre just a short distance from the property. Commuters will appreciate the proximity of city bus lines and the Lake Merritt BART Station, allowing access to the entire Bay Area.
The income description goes here to explain
| List Price | $1,725,000 |
| Property Type | Multi-Family |
| Usable Sqft | Unknown |
| Number of Stories | 0 stories |
| Parking Spots | 5 spots |
| Year Built | 1966 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| HOA Fees: | $0 |
| Association Name: | Unknown |
| Association Amenities: | Unknown |
| APN # | 2230123 |
| MLS # | 41101010 |
| Property ID | 321883990 |
| Lot Sqft | 7,950 |
| Zoning | Unknown |
| Total Units | 5 |
| Days on Market | 183 |
| Original List Price | $1,850,000 |
| Date Updated | November 19, 2025 |
| Date Created | June 11, 2025 |
Financials not available online. Please inquire with your agent for more details.
Timothy Warren an agent of . Lic #02008347
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REAL ESTATE AGENT