Property Details
Upcoming Open Houses
About this Property
The R&Z Group of Compass Commercial is excited to introduce 2216 E 23rd Street, Oakland, CA to the open market. This well-maintained six-unit apartment building is located in a quiet residential pocket of Oakland and is widely regarded as one of the nicest properties in the immediate area, offering tenants a peaceful setting with convenient access to daily necessities and nearby amenities. This standout property features a strong and desirable unit mix of (2) 3 Bed, 1 Bath units, (3) 2 Bed, 1 Bath units, and (1) 1 Bed, 1 Bath unit, all of which have been renovated and consistently maintained. Rebuilt in 1974, the building offers one-to-one parking directly in front of the property, an on-site laundry room, and separate PG&E meters, enhancing both tenant appeal and operational efficiency. Additionally, two units are currently vacant, providing immediate upside through owner-occupancy or lease-up to market rents. Offered at a compelling 6.5% cap rate and 9.7 GRM, this asset presents a rare opportunity for stable cash flow with long-term value growth.
MLS Listing Information
MLS #
EB41120534
MLS Source
Bridge MLS
Days on Site
1
Interior Features
Flooring
Laminate, Vinyl
Cooling
Other
Heating
Wall Furnace
Exterior Features
Roof
Composition
Parking, School, and Other Information
Garage/Parking
Off-Site Parking, Spaces per Unit - 1, Garage: Car(s)
Water
Other
Complex Amenities
Playground
Contact Information
Listing Agent
Ken Wu
Compass
License #: 02131550
Phone: (408) 666-2585
Co-Listing Agent
Tony Zizzo
License #: 01962093
Phone: (650) 770-8356
Unit Information
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| – | – | 6 |
| Type | Sq Ft | Beds | Baths | Min Rent | Max Rent | Units Like This |
|---|---|---|---|---|---|---|
| 1 | – | 3 | 0/0 | $2,600 | – | – |
| 2 | – | 2 | 0/0 | $2,250 | – | – |
| 3 | – | 1 | 0/0 | $1,850 | – | – |
| 4 | – | 3 | 0/0 | $2,250 | – | – |
| 5 | – | 2 | 0/0 | $1,945 | – | – |
Neighborhood: Around This Home
Neighborhood: Local Demographics
Nearby Homes for Sale
2216 23rd St is a Residential Income in Oakland, CA 94606. This 5,088 square foot property sits on a 7,000 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $1,460,000 and was built in 1964. This address can also be written as 2216 23rd St, Oakland, CA 94606.
©2026 Bridge MLS. All rights reserved. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from Bridge MLS.
Presently MLSListings.com displays Active, Contingent, Pending, and Recently Sold listings. Recently Sold listings are properties which were sold within the last three years. After that period listings are no longer displayed in MLSListings.com. Pending listings are properties under contract and no longer available for sale. Contingent listings are properties where there is an accepted offer, and seller may be seeking back-up offers. Active listings are available for sale.
This listing information is up-to-date as of January 10, 2026. For the most current information, please contact Ken Wu, (408) 666-2585
