Property Details
About this Property
Value-Add Fourplex | Highland Terrace | Income + Upside | 7.73% estimated in-place cap rate. 2120 E 22nd St presents a compelling four-unit opportunity for investors or owner-occupants seeking immediate income with clear upside. Located in Oakland’s Highland Terrace neighborhood, the property benefits from strong rental demand and proximity to transit, neighborhood services, and key commuter routes. The property includes four (4) 2bed/1bath units with off-street parking and coin-op laundry. This is a practical acquisition for buyers who want near-term growth through rent optimization rather than waiting years for natural turnover. PSL compliant.
MLS Listing Information
MLS #
EB41122222
MLS Source
Bridge MLS
Days on Site
5
Interior Features
Flooring
Carpet - Wall to Wall, Laminate, Tile
Cooling
Air Conditioning - None
Heating
Gas, Wall Furnace
Exterior Features
Roof
Composition
Parking, School, and Other Information
Garage/Parking
Spaces per Unit - >1, Tandem Parking, Garage: Car(s)
Elementary District
Oakland Unified
High School District
Oakland Unified
Sewer
Public Sewer
Water
Public
Complex Amenities
None
Contact Information
Listing Agent
Thomas Garabedian Cone
Red Oak Realty
License #: 02034258
Phone: (510) 499-1235
Co-Listing Agent
Sara Garabedian
Red Oak Realty
License #: 00931842
Phone: (510) 206-2170
Unit Information
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| – | – | 4 |
| Unit # | Sq Ft | Beds | Baths | Rent |
|---|---|---|---|---|
| 1 | 715 | 2 | 0/0 | – |
| 2 | 715 | 2 | 0/0 | – |
| 3 | 715 | 2 | 0/0 | – |
| 4 | 715 | 2 | 0/0 | – |
Neighborhood: Around This Home
Neighborhood: Local Demographics
Nearby Homes for Sale
2120 E 22nd St is a Residential Income in Oakland, CA 94606. This 2,860 square foot property sits on a 5,250 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $825,000 and was built in 1962. This address can also be written as 2120 E 22nd St, Oakland, CA 94606.
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This listing information is up-to-date as of January 28, 2026. For the most current information, please contact Thomas Garabedian Cone, (510) 499-1235
