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2120 E 22Nd StOakland, CA 94606

For Sale

$825,000

Smart Buyer Rebate $8,125

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.

Listed by Thomas Garabedian Cone

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License #02034258

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Red Oak Realty

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Tommy@tommygarabedian.com

Listed by Sara Garabedian

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License #00931842

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Red Oak Realty

Last updated January 27, 2026

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Source: bridgeMLS #41122222

Listing Facts

  • TypeMulti-family
  • NeighborhoodHighland Terrace
  • Bedrooms8
  • Days on Prevu2
  • Size2,860 sqft
  • Price per sqft$288

Amenities

  • Parking

Location

Mortgage Calculator

Listing History

01/27/2026
Listed by Red Oak Realty
$825,000

Property Details for 2120 E 22Nd St

Exterior

Construction

  • Number Of Units Total: 4
  • Year Built: 1962
  • Construction Materials: Stucco
  • Exterior Features: Back Yard

Features

  • Fencing: Fenced

Measurements

  • Building Area Total: 2,860
  • Lot Features: Level
  • Lot Size Acres: 0.12
  • Lot Size Area: 0
  • Lot Size Square Feet: 5,250
  • Lot Size Units: Acres

Financial

Taxes

  • Parcel Number: 22296123

Interior

Features

  • Appliances: Gas Water Heater
  • Flooring: Laminate, Tile, Carpet

Measurements

  • Living Area: 2,860
  • Living Area Units: Square Feet

Rooms

  • Bedrooms Total: 8

Other

Location

  • Subdivision Name: HIGHLAND TERRACE

Parking

Parking

  • Parking Features: Space Per Unit - 2, Tandem

Schools

High School

  • High School District: Oakland (510) 879-8111

Utilities

Equipment

  • Cooling: No Air Conditioning
  • Heating: Natural Gas, Wall Furnace
  • Has Heating: Yes
  • Utilities: Individual Gas Meter, Master Electric Meter

Frequently Asked Questions

How many bedrooms does this multi-family home have?

There are 8 bedrooms in this multi-family home at 2120 E 22Nd St.

How does 2120 E 22Nd St compare to other multi-family homes in Highland Terrace?

This multi-family home is listed 38% below the average price for multi-family homes in Highland Terrace and has been on the market for 92 less days than the typical home in this area.

What is the square footage on this multi-family home?

According to the MLS, this listing is 2,860 sqft.

2120 E 22Nd St is a 8-bedroom multi-family home for sale in Oakland CA 94606. On Prevu for 2 days at $825,000. This residence features 2,860 square feet of living space, located in Highland Terrace. The median listing price for multi-family homes in this area is $569,888. The home offers parking. View other multi-family home listings in Oakland.

Based on information from bridgeMLS and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.