Sold on Aug 28, 2026 for $975,000

1818 E 22ND ST OAKLAND 94606

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2,961 sqft · $338/sqft · 0.10 acres

Residential Income · Triplex · Built 1966

Description

Exceptional investment opportunity in Oakland's high-demand Fruitvale/San Antonio corridor! This fully remodeled multi-unit property delivers four income streams under one roof a stunning 3BD/2BA unit, two spacious 2BD/1BA units, and an additional studio generating $9,700/month in gross rental income. Every unit has been tastefully renovated with modern finishes, updated kitchens, refreshed bathrooms, and contemporary flooring throughout. All units are currently occupied, meaning day-one cash flow with zero lease-up risk. Tenants pay their own PG&E (except studio), keeping operating costs low. The property sits on a gated lot with three off-street parking spaces a premium amenity in Oakland. With a cap rate of 8.56% and GRM of 8.59 at the $1,000,000 asking price, the numbers speak for themselves. Whether you're a seasoned investor or looking to house-hack and let your tenants pay your mortgage, this turnkey asset checks every box. Close to Fruitvale BART, the 580 freeway, shops, dining, and top employers. Properties like this fully remodeled, fully occupied, and cash-flowing from day one rarely hit the market. Don't miss it

Agent & source

Listed by
Rafael Gonzalez Letona
Brokerage
Dalton Wade, Inc.
DRE
#02202331
Bought with
Stephen Bloom
MLS # 226073149 Source MetroList Services

Property details

Rooms & Layout

Levels
2 stories
Laundry
Coin Operated

Building & Construction

Construction Materials
Stucco
Foundation
Concrete

Exterior & Parking

Parking
None

Interior & Comfort

Cooling
Window Unit(s)
Flooring
Luxury Vinyl Plank

Utilities

Water Source
Public
Sewer
Public Sewer
Sewer Connected, Sewer In & Connected

Nearby

Active Pending Closed Rental
Elementary
Oakland Unified District
Middle
Oakland Unified District
High
Oakland Unified District

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Such information and material should be independently reviewed and verified for accuracy. This information and material are intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data last updated: October 23, 2026 3:58 PM PT
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