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Listed by Grant Chappell • NAI Northern California
$ 2,950,000
Est. payment | /mo
6,150 SqFt
$ 2,950,000
Est. payment | /mo
6,150 SqFt
Key Details
Property Type Commercial
Sub Type 5 or More Units
Listing Status Active
Purchase Type For Sale
Square Footage 6,150 sqft
Price per Sqft $479
Subdivision Downtown
MLS Listing ID 41115071
HOA Y/N No
Year Built 2021
Lot Size 3,000 Sqft
Property Sub-Type 5 or More Units
Source Bridge AOR
Property 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 cafés, 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 Oakland's most desirable multifamily submarkets.
Location
State CA
County Alameda
Interior
Heating Forced Air
Cooling None
Flooring Laminate
Fireplace No
Building
Lot Description Court
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Glen Riggs
REALTOR® | Lic# CA DRE 02161397