Renovated 5-Unit Oakland Multifamily
For Sale
$1,640,000
1140 E 22nd St, Oakland, CA 94606
Fully renovated, 5-unit property in Oakland's Clinton neighborhood.
Property Size1,100 SF
Price / SF$1,490
Days on Market104
Property Features for 1140 E 22nd St
General Information
Standard status
Active
Size
1,100 SF
Property subtype
Investment
Building Details
Year Built
1966
Listing Agency:
NAI Northern California
(510) 336-4719
Listed By:
Timothy Warren · License #02008347
(510) 336-4719
Source:
Elliman
Added: Apr 24
Changed: Jul 10
Last Checked: Aug 5 at 8:20AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of NAI Northern California
Investment Insights
Based on property information with market context.
Located in Oakland's Clinton neighborhood, this fully-renovated property at 1140 E 22nd Street features five units. The unit mix includes one 3-bedroom, 2-bathroom unit totaling 1,100 square feet, one 2-bedroom, 2-bathroom unit, and three 2-bedroom, 1-bathroom units. Each unit includes a private balcony, a modern gourmet kitchen with premium appliances, new bathrooms, large closets, vinyl wood flooring, recessed LED lighting, and a modern design laminate glass entry door. Each unit is individually metered for gas and electricity. The property is situated in the Clinton Neighborhood, near Lake Merritt, south of Grand Avenue, providing convenient access to Trader Joe's, Starbucks Coffee, cafes, and shops. Residents can enjoy Oakland's restaurants and nightlife, including the Grand Lake Theatre. City bus lines and the Lake Merritt BART Station offer convenient access to the Bay Area. The property has a bike score of 44, indicating it is somewhat bikeable, a walk score of 66, indicating it is somewhat walkable, and a transit score of 55, indicating good transit options.
Key Highlights
- Fully renovated 5‑unit property with a 6.42% Cap Rate, offering a strong investment opportunity.
- Each unit features a private balcony, modern gourmet kitchen with premium appliances, and new bathrooms.
- Individually metered for Gas and Electricity, reducing operating expenses.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,599
Businesses Nearby
Explore this area
Business Placement
Demographics for 94606, CA
40,768
Population
17,457
Households
2.3
Avg Household Size
37
Median Age
40%
College-Educated
80%
High-School Grad
2.3 sq mi
ZIP Area
17,725
Density / Sq Mi
$70,769
Median Household Income
$47,558
Median Earnings
$1,775
Median Rent
$747,600
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Fully renovated, 5-unit property in Oakland's Clinton neighborhood.
Where is this apartment building located?
The property is located at 1140 E 22nd St Oakland, CA.
What is the asking price?
The asking price for this property is $1,640,000.
What are key features of this property?
This property features: Fully renovated 5‑unit property with a 6.42% Cap Rate, offering a strong investment opportunity.; Each unit features a **private balcony**, **modern gourmet kitchen with premium appliances**, and new bathrooms.; Individually metered for Gas and Electricity, reducing operating expenses.
