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Renovated 5-Unit Oakland Multifamily Property

1140 E 22nd St Oakland, CA 94606

1140 E 22nd St, Oakland, CA, 94606
$1,640,000
For Sale
$1,640,000

Fully renovated, 5-unit property in Oakland's Clinton neighborhood.

Property Size1,100 SF
Price / SF$1,490
Days on Market89

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
Listed by Timothy Warren · License #02008347
Source Elliman
Added: Apr 24 Updated: Jul 10 at 1:20PM Checked: Jul 21 at 8:51AM

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 Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Real Estate Agency Law Firm Parking Lot & Garage Electrical Service Accounting Firm Travel Agency (Bike/Boat/Book/etc) Store Home Appliance Store Grocery & Convenience Store (Bike/Boat/Book/etc) Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

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.
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