Home | Alameda County | Oakland | 94606 | 2246 23rd Ave
MLS: EB41144736 | Status: | Price: $1,300,000
Beds/Baths: – / –
Property Type: Residential Income
| Beds | Baths | Sq Ft | Sq Ft Lot | Yr Built |
|---|---|---|---|---|
| – | – | 4,715 | 2,840 | 1926 |
Fully occupied seven-unit multifamily asset in Oakland's Highland Terrace neighborhood. $1,300,000 ($185,714/unit, $275/SF). 5.46% current cap rate vs. 7.41% at market rents, with 20.4% rental upside and 35.6% NOI growth potential with no capital spend. Recent capital improvements include upgraded plumbing, electrical, windows, and roof. Located under 1 mile from Highland Hospital and roughly 1.6 miles from Fruitvale BART, with direct access to I-880. In-place NOI: $70,803. Market NOI: $96,095. The 2 live/work style units are not permitted.
| Field | Value |
|---|---|
| MLS # | EB41144736 |
| MLS Source | Bridge MLS |
| Days on Site | 0 |
| Feature | Details |
|---|---|
| Flooring | Vinyl |
| Cooling | Other |
| Feature | Details |
|---|---|
| Garage/Parking | No Parking, Garage: Car(s) |
| Complex Amenities | None |
Joseph Owens
Marcus & Millichap
License #: 01707768
Phone: (925) 808-9098
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| – | – | 7 |
| Type | Sq Ft | Beds | Baths | Min Rent | Max Rent | Units Like This |
|---|---|---|---|---|---|---|
| 1 | 605 | 0 | 0/0 | $1,850 | – | – |
| 2 | 700 | 1 | 0/0 | $1,460 | – | – |
School data provided by GreatSchools.org
| School | Type | Grades | Distance | Rating |
|---|---|---|---|---|
| Manzanita Community | public | K-5 | 0.30 mi | 1 |
| Manzanita SEED | public | K-5 | 0.31 mi | 4 |
| Garfield Elementary School | public | K-5 | 0.38 mi | 3 |
| Roosevelt Middle School | public | 6-8 | 0.38 mi | 3 |
| Urban Promise Academy | public | 6-8 | 0.65 mi | 2 |
| International Community School | public | K-5 | 0.71 mi | 5 |
| Think College Now School | public | K-5 | 0.71 mi | 3 |
| United For Success Academy | public | 6-8 | 0.78 mi | 2 |
| Life Academy | public | 6-12 | 0.78 mi | 5 |
| Bella Vista Elementary School | public | K-5 | 0.81 mi | 4 |
| Edna Brewer Middle School | public | 6-8 | 0.92 mi | 8 |
| Fruitvale Elementary School | public | K-5 | 0.99 mi | 2 |
| Oakland High School | public | 9-12 | 1.03 mi | 4 |
| Franklin Elementary School | public | K-5 | 1.04 mi | 7 |
| Global Family School | public | K-5 | 1.17 mi | 5 |
| Neighborhood Centers Adult Education | public | UG | 1.19 mi | N/A |
| Cleveland Elementary School | public | K-5 | 1.23 mi | 6 |
| Glenview Elementary School | public | K-5 | 1.23 mi | 8 |
| Sequoia Elementary School | public | K-5 | 1.36 mi | 7 |
| Allendale Elementary School | public | K-5 | 1.40 mi | 1 |
| Address | Price | Beds | Baths | Sq Ft | Status |
|---|---|---|---|---|---|
| 1736 23rd Ave | $1,200,000 | – | – | 9,352 | |
| 339 Hanover Ave | $1,495,000 | – | – | 4,190 | Active |
| 2742 Park Blvd | $1,395,000 | – | – | 4,860 | |
| 508 Valle Vista | $1,275,000 | – | – | 3,456 |
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This listing information is up-to-date as of August 12, 2026. For the most current information, please contact Joseph Owens, (925) 808-9098.