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.
The income description goes here to explain
| List Price | $825,000 |
| Property Type | Fourplex (4-units) |
| Usable Sqft | Unknown |
| Number of Stories | 0 stories |
| Parking Spots | 8 spots |
| Year Built | 1962 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| HOA Fees: | $0 |
| Association Name: | Unknown |
| Association Amenities: | Unknown |
| APN # | 22296123 |
| MLS # | 41122222 |
| Property ID | 321713048 |
| Lot Sqft | 5,250 |
| Zoning | Unknown |
| Total Units | 4 |
| Days on Market | 7 |
| Original List Price | $825,000 |
| Applicances | Gas Water Heater% |
| Date Updated | February 03, 2026 |
| Date Created | January 27, 2026 |
Thomas Garabedian Cone an agent of Red Oak Realty. Lic #02034258
© 2026 CRMLS. All rights reserved. Some listings on this website are from CRMLS as of February 03, 2026 The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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2708 Wilshire Blvd #197
Santa Monica, CA 90403
California #02062862
Florida #CQ1065233
Robert Crawford
REAL ESTATE AGENT