Share this with your friends
+12138349560
Search Cali Homes Team
2223 Park Blvd., Oakland, CA 94606
- $1,120,000
Listing courtesy of Listing Agent: Sophia Chan (sophiachanrealtor@gmail.com) from Listing Office: MJE Real Estate, Inc..
- List Price
- $1,120,000
- Status
- ACTIVE
- Days on Market
- 1
- MLS#
- 41153550
- Subtype
- Residential Income
- Year Built
- 1927
- Lot Size
- 3,210
- Acres
- 0.07
- Subdivision
- Lake Merritt
- Neighborhood
- Lake Merritt
Property Description
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 compelling opportunity to invest in Oakland's mixed-use real estate market. **Don't miss it!**
/u.realgeeks.media/searchcalihomes/SCH_Compass_Lockup_white.png)
Additional Information
- Appliances
- Gas Water Heater
- Heating
- Natural Gas
- Air Conditioning
- Yes
- Exterior Construction
- Stucco, Wood Siding
How much is your home worth?
...get instant property value now!
Mortgage Calculator
Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.