CA > Oakland > Clinton
Oakland, CA 94606,1140 E 22nd Street
Oakland, CA 94606,1140 E 22nd Street
Oakland, CA 94606,1140 E 22nd Street
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John Herkenrath

John Herkenrath

+1(310) 221-2910
$1,725,000
Est. payment /mo
7,949 Sqft Lot
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UPDATED:

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Subdivision Clinton

MLS Listing ID 41101010

HOA Y/N No

Year Built 1966

Lot Size 7,949 Sqft

Property Description

6.42% Cap Rate! 1140 E 22nd Street, a fully-renovated 5-unit property located in Oakland's Clinton neighborhood. The property consists of one (1) large 3-bedroom 2- bathroom unit totaling 1,100 square feet, one (1) 2-bedroom 2- bathroom unit, and three (3) 2-bedroom 1-bathroom units. Each unit has its own private balcony, modern gourmet kitchen with premium appliances, new bathrooms, huge closets, vinyl wood flooring, recessed LED lighting, and brand new modern design laminate glass entry door. Each unit is also individually metered for Gas and Electricity, limiting the operating expenses. This is an excellent opportunity to acquire a fully occupied turn-key stabilized asset. 1140 E 22nd St is located in the charming Clinton Neighborhood of Oakland just blocks from Lake Merritt. Situated south of Grand Avenue, the location allows tenants the convenience of Trader Joe's, Starbucks Coffee, and various cafes and shops, all within walking distance. Tenants may also indulge in the best of Oakland's restaurants and nightlife, including the charming Grand Lake Theatre just a short distance from the property. Commuters will appreciate the proximity of city bus lines and the Lake Merritt BART Station, allowing access to the entire Bay Area.

Location

State CA

County Alameda

Interior

Heating Wall Furnace

Cooling None

Fireplace No

Exterior

Roof Type Shingle

Total Parking Spaces 5

Building

Lot Description Corner Lot

Water Private

Others

Tax ID 2230123

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CRMLS – RECore
Listed by Timothy Warren NAI Northern California
John Herkenrath

"John takes great pride in helping his clients through every step of the buying and selling process. Leveraging two decades of experience in pre-construction, new home sales and market sales exclusive representation. his vast knowledge in brokering home sales within luxury communities and new developments has proven invaluable to his clients."

+1(310) 221-2910

johnherkenrath@epiquerealty.com

8383 Wilshire Blvd #800 Beverly Hills CA 90211

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