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  • 2223 Park Blvd.

2223 Park Blvd., Oakland, CA 94606

$1,120,000 Approx. USD 0 beds, 0 baths

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Berkshire Hathaway HomeServices California Properties 11828 Rancho Bernardo Rd, Ste 210
San Diego, CA 92128
888-995-7575
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Listing Agent


Sophia Chan | sophiachanrealtor@gmail.com
Lic#: 01722769
Broker: Courtesy of MJE Real Estate, Inc.

Agent Remarks

Oakland Mixed-Use Investment Opportunity – Approximately 7.45% Projected Cap Rate!**An excellent opportunity to own a versatile mixed-use property featuring four 1-bedroom/1-bathroom residential units and one ground-floor commercial space. All four residential units have been renovated and are currently vacant, allowing the new owner to select tenants. Conveniently located with easy access to Highway 580, nearby retail amenities, and parks, the property offers a combination of residential and commercial investment potential. According to Apartment List's July 2026 rental data, Oakland's median one-bedroom rent was approximately **$2,077 per month, representing a 13% increase year over year.** This rental-market growth provides encouraging context for investors. Continued economic activity in San Francisco Bay Area may also support regional housing demand. Four renovated residential units. One commercial space. Flexible leasing opportunities. Approximately 7.45% projected cap rate. A compelling opportunity to invest in Oakland's mixed-use real estate market. **Don't miss it!**

Listing Details

Property type: (Multi-Family)
Status: Active
MLS# 41153550
Price: $1,120,000
HOA Fee is $0.00
Beds: 0
Baths: 0
Built in 1927
0.07 acres
Lot size: 0.0737
Subdivision: LAKE MERRITT
County: Alameda
Construction: Stucco,Wood Siding
Appliances: Gas Water Heater
Heating/cooling: None
Heating description: Natural Gas

Last Updated: 11/13/2026

 Days On Market (DOM): 3

 Find more Oakland homes and real estate

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 Find more homes in the LAKE MERRITT subdivision

Lat/Long: 37.801458, -122.246701.
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DISCLAIMER: There is NO WARRANTY, expressed or implied, for the accuracy of this information or its applicability to your financial situation. Please consult your financial and/or tax advisor. GET PRE-APPROVED The loan's interest rate will depend upon the specific characteristics of the loan transaction and credit profile up to the time of closing.

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Berkshire Hathaway HomeServices California Properties 11828 Rancho Bernardo Rd, Ste 210
San Diego, CA 92128
888-995-7575
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