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    22Nd St Oakland, CA 94606

    For Sale
    $1,725,000

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

    Property size:
    4,707 SF
    Lot size:
    0.18 Acres

    Property Features for 22Nd St

    General Information

    Standard status
    Active
    Size
    4,707 SF
    Lot size
    0.18 Acres

    Building Details

    Year built
    1966

    Source: NAI NORTHERN CALIFORNIA Agent TIMOTHY WARREN

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Renovated 5-Unit Oakland Multifamily Property

    Located in Oakland's Clinton neighborhood, 1140 E 22nd Street is a fully-renovated 5-unit property. The property features 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 new modern design laminate glass entry door. Each unit is individually metered for gas and electricity. The property is situated south of Grand Avenue, near Lake Merritt, 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 are nearby, offering access to the Bay Area. This is a fully occupied, stabilized asset with a 6.42% Cap Rate.
    Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Map

    City
    Oakland
    County
    Alameda
    State
    California
    Longitude
    -122.265942
    Latitude
    37.810966

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    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 22Nd St Oakland, CA.
    What is the asking price?
    The asking price for this property is $1,725,000.
    What are key features of this property?
    This property features: - Fully renovated 5-unit property in Oakland's Clinton neighborhood.; - Strong 6.42% Cap Rate.; - Each unit features a private balcony, modern gourmet kitchen with premium appliances, and new bathrooms.
    (510) 336-4712
    Request Owner's contact information
    22Nd St Oakland, CA 94606
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    Oakland, CA 94606
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    22Nd St Oakland, CA 94606
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