1818 E 22nd Street, Oakland, CA 94606

Property Description

Exceptional investment opportunity in Oakland's high-demand Fruitvale/San Antonio corridor! This fully remodeled multi-unit property delivers four income streams under one roof a stunning 3BD/2BA unit, two spacious 2BD/1BA units, and an additional studio generating $9,700/month in gross rental income. Every unit has been tastefully renovated with modern finishes, updated kitchens, refreshed bathrooms, and contemporary flooring throughout. All units are currently occupied, meaning day-one cash flow with zero lease-up risk. Tenants pay their own PG&E (except studio), keeping operating costs low. The property sits on a gated lot with three off-street parking spaces a premium amenity in Oakland. With a cap rate of 8.56% and GRM of 8.59 at the $1,000,000 asking price, the numbers speak for themselves. Whether you're a seasoned investor or looking to house-hack and let your tenants pay your mortgage, this turnkey asset checks every box. Close to Fruitvale BART, the 580 freeway, shops, dining, and top employers. Properties like this fully remodeled, fully occupied, and cash-flowing from day one rarely hit the market. Don't miss it