1140 E 22nd Street, Oakland, CA 94606

Property Description

6.77% Cap Rate! 1140 E 22nd Street, a fully-renovated 5-unit property located in Oakland's Clinton neighborhood. The property consists of one (1) large 3-bedroom 2-bathroom unit totaling 1,100 square feet, one (1) 2-bedroom 2-bathroom unit, and three (3) 2-bedroom 1-bathroom units. Each unit has its own private balcony, modern gourmet kitchen with premium appliances, new bathrooms, huge closets, vinyl wood flooring, recessed LED lighting, and brand new modern design laminate glass entry door. Each unit is also individually metered for gas, electricity, AND water, limiting the operating expenses. This is an excellent opportunity to acquire a fully occupied, turn-key, stabilized asset. The property is located in the charming Clinton Neighborhood of Oakland just blocks from Lake Merritt. Situated south of Grand Avenue, the location allows tenants the convenience of Trader Joe's, Starbucks Coffee, and various cafes and shops, all within walking distance. Tenants may also indulge in the best of Oakland's restaurants and nightlife, including the charming Grand Lake Theatre just a short distance from the property. Commuters will appreciate the proximity of city bus lines and the Lake Merritt BART Station, allowing access to the entire Bay Area.

Listing Status:

Active

Date Added:

February 6, 2026

Data Last Updated:

May 20, 2026 at 7:16AM

Listing Office:

NAI Northern California : 510-336-4712

Listing Agent:

Timothy Warren : 510-336-4719

MLS ID:

41123228

Interior

• A/C: None
• Heating: Wall Furnace

Exterior

• Parking: Parking spaces: 5

Construction

• Roofing: Shingle
• General: Stucco

Location

• HOA Amenities: 0.0
• Originating MLS: CRMLS_BMLS
• County: Alameda

Lot

• Zoning: 2230123

Utilities

• Water: Private

Financial

• Source: CRMLS_BMLS