2223 Park Blvd, Oakland, CA 94606

Oakland
Local realty services provided by:ERA Donahoe Realty
2223 Park Blvd,Oakland, CA 94606
$1,120,000
Virtual Tour
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: sophia chan
Office: mje real estate, inc.408-753-5538
MLS#:41153613
Source:CRMLS

Price summary

  • Price:$1,120,000

About this home

Oakland Mixed-Use Investment Opportunity – Approximately 7.45% Projected Cap Rate!**An excellent opportunity to own a versatile mixed-use property featuring four 1-bedroom/1-bathroom residential units and one ground-floor commercial space. All four residential units have been renovated and are currently vacant, allowing the new owner to select tenants. Conveniently located with easy access to Highway 580, nearby retail amenities, and parks, the property offers a combination of residential and commercial investment potential. According to Apartment List's July 2026 rental data, Oakland's median one-bedroom rent was approximately **$2,077 per month, representing a 13% increase year over year.** This rental-market growth provides encouraging context for investors. Continued economic activity in San Francisco Bay Area may also support regional housing demand. Four renovated residential units. One commercial space. Flexible leasing opportunities. Approximately 7.45% projected cap rate. A...

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Home facts

  • Year built:1927
  • Subdivision & Development:LAKE MERRITT
  • Listing ID #:41153613
  • Added:1 day(s) ago
  • Updated:November 13, 2026 at 12:59 PM

Rooms and interior

  • Flooring:Carpet, Laminate

Heating and cooling

  • Heating:Natural Gas

Structure and exterior

  • Year built:1927
  • Lot area:0.07 Acres
  • Lot Features:Back Yard, Sloped Up, Yard
  • Construction Materials:Stucco, Wood Siding

Finances and disclosures

  • Price:$1,120,000

Features and amenities

  • Amenities:Gas Water Heater

Parking

  • Parking description:On Street
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