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Listed by Grant Chappell • NAI Northern California
$ 2,950,000
Est. payment | /mo
6,150 SqFt
$ 2,950,000
Est. payment | /mo
6,150 SqFt
Key Details
Property Type Multi-Family, Commercial
Sub Type Five or More Units
Listing Status Active
Purchase Type For Sale
Square Footage 6,150 sqft
Price per Sqft $479
MLS Listing ID EB41115071
Year Built 2021
Lot Size 3,000 Sqft
Property Sub-Type Five or More Units
Source Bridge MLS
Property Description
Introducing a rare opportunity to acquire a truly turn-key, brand-new construction 9-unit multifamily asset in Oakland - impeccably built, meticulously maintained, and fully rented since day one. Completed in early 2021 and constructed with uncompromising quality, this property delivers the upside of institutional-grade new construction with the upside flexibility to optimize rents. Zero vacancy, minimal capital needs, and operational simplicity make this a highly attractive acquisition for a buyer seeking both stability and growth. 603 22nd Street is situated in Oakland's vibrant uptown neighborhood, just minutes from Downtown Oakland and Jack London Square. This highly walkable, transit-oriented location offers quick access to BART, AC Transit, and major thoroughfares connecting to Berkeley and San Francisco. Surrounded by cafés, markets, and neighborhood amenities, the property attracts professionals seeking urban convenience and modern living. The area continues to experience strong rental demand and steady growth, making it one of Oakland's most desirable multifamily submarkets.
Location
State CA
County Alameda
Area Oakland Zip Code 94612
Interior
Heating Forced Air
Cooling None
Flooring Laminate
Exterior
Parking Features No Parking
Roof Type Composition
Building
Water Public
Others
Special Listing Condition Not Applicable
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