603 22nd , Oakland, CA 94612
  • MLS#: 41115071 ( )
  • Street Address: 603 22nd
  • Viewed: 5
  • Price: $2,950,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 2021
  • Bldg sqft: 0
  • Days On Market: 18
  • Additional Information
  • County: ALAMEDA
  • City: Oakland
  • Zipcode: 94612
  • Subdivision: Downtown
  • Provided by: NAI Northern California
  • Contact: Grant Grant
  • California Regional MLS IDX
  • DMCA Notice
  • Description
    Introducing a rare opportunity to acquire a truly turn key, brand new construction 9 unit multifamily asset in Oakland impeccably built, meticulously maintained, and fully rented since day one. Completed in early 2021 and constructed with uncompromising quality, this property delivers the upside of institutional grade new construction with the upside flexibility to optimize rents. Zero vacancy, minimal capital needs, and operational simplicity make this a highly attractive acquisition for a buyer seeking both stability and growth. 603 22nd Street is situated in Oakland's vibrant uptown neighborhood, just minutes from Downtown Oakland and Jack London Square. This highly walkable, transit oriented location offers quick access to BART, AC Transit, and major thoroughfares connecting to Berkeley and San Francisco. Surrounded by cafs, markets, and neighborhood amenities, the property attracts professionals seeking urban convenience and modern living. The area continues to experience strong rental demand and steady growth, making it one of Oaklands most desirable multifamily submarkets.
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Features
Association Fee
  1. 0.00
Cooling
  1. None
Heating
  1. Forced Air
Netoperatingincome
  1. 161000.00
Parcel Number
  1. 864726
Roof
  1. Shingle
Sourcesystemkey
  1. 41115071:BMLS
Subdivision Name Other
  1. DOWNTOWN
Tenant Pays
  1. Gas
Year Built
  1. 2021