$1,300,000
SOLD APR 10, 2026
-- Bed
-- Bath
5,088 Sq Ft
7,000 Sq Ft Lot

Sale Details

Date Sold: April 10, 2026

$256 Per Sq Ft

11% Below List Price

48 Days on Market

Highlights

  • No HOA
  • Laundry Room
  • Wall Furnace
  • Cooling Available
  • Vinyl Flooring

About This Home

As of April 2026

Introducing 2216 E 23rd Street, Oakland, CA to the open market. This well-maintained six-unit apartment building is located in a quiet residential pocket of Oakland and is widely regarded as one of the nicest properties in the immediate area, offering tenants a peaceful setting with convenient access to daily necessities and nearby amenities. This standout property features a strong and desirable unit mix of (2) 3 Bed, 1 Bath units, (3) 2 Bed, 1 Bath units, and (1) 1 Bed, 1 Bath unit, all of which have been renovated and consistently maintained. Rebuilt in 1974, the building offers one-to-one parking directly in front of the property, an on-site laundry room, and separate PG&E meters, enhancing both tenant appeal and operational efficiency. Additionally, two units shall be delivered vacant, providing immediate upside through owner-occupancy or lease-up to market rents. Offered at a compelling 7% cap rate and 9.1 GRM, this asset presents a rare opportunity for stable cash flow with long-term value growth.

Last Agent to Sell the Property

Ken Wu

Compass License #02131550 Listed on: 01/09/2026

Co-Listed By

Tony Zizzo

Compass License #01962093

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1964

Home Design

  • 5,088 Sq Ft Home
  • Shingle Roof
  • Stucco

Flooring

  • Laminate
  • Vinyl

Parking

  • 1 Parking Space Included
  • Off-Site Parking

Utilities

  • Cooling Available
  • Wall Furnace
  • Separate Meters
  • Individual Gas Meter

Additional Features

  • Laundry Room
  • 7,000 Sq Ft Lot
  • Unfinished Basement

Community Details

  • No Home Owners Association
  • Bridge Aor Association
  • Highland Terrace Subdivision

Property Details

Home Type

Multi-Family

Year Built

Built in 1964

Lot Details

7,000 Sq Ft Lot

Listing Details

  • Property Sub Type: Multi Family
  • Property Type: COMM RI MULTI-UNITS 5+
  • Lot Features: Other
  • LotSizeAcres: 0.16
  • Has HOA?: No
  • Co List Office Mls Id: MLL5012166
  • Co List Office Mls Id: OBOPACU 05
  • Special Conditions: Standard
  • Subdivision Name: HIGHLAND TERRACE
  • Basement: Unfinished
  • Has Basement?: Yes
  • Has Cooling?: Yes
  • Living Area: 5088
  • Year Built: 1964
  • Special Features: None

Interior Features

  • Flooring: Laminate, Vinyl

Exterior Features

  • Construction Type: Stucco
  • Roof: Shingle

Garage/Parking

  • Has Attached Garage?: No
  • Has Carport?: No
  • Has Attached Garage?: No
  • Parking Features: Off Site, Space Per Unit - 1

Utilities

  • Laundry Features: Laundry Room
  • Cooling: Other
  • Heating: Wall Furnace
  • Heating Yn: Yes
  • Sewer: Other
  • Utilities: Individual Electric Meter, Individual Gas Meter
  • Water Source: Other

Condo/Co-op/Association

  • Association Name: Bridge AOR

Lot Info

  • Lot Size Sq Ft: 7000

Tax Info

  • Tax Tract: N
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
04/10/2026 04/10/26 Sold $1,300,000 -7.1% $256 / Sq Ft
02/26/2026 02/26/26 Pending -- -- --
02/17/2026 02/17/26 Price Changed $1,400,000 -4.1% $275 / Sq Ft
01/09/2026 01/09/26 For Sale $1,460,000 -- $287 / Sq Ft
Source: bridgeMLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $31,161 $1,977,132 $493,632 $1,483,500
2024 $29,934 $1,938,366 $483,953 $1,454,413
2023 $31,392 $1,900,369 $474,466 $1,425,903
2022 $30,331 $1,863,107 $465,163 $1,397,944
2021 $28,753 $1,826,580 $456,043 $1,370,537
2020 $28,520 $1,814,844 $451,369 $1,363,475
2019 $27,280 $1,779,402 $442,520 $1,336,882
2018 $26,698 $1,744,662 $433,846 $1,310,816
2017 $25,555 $1,708,917 $425,340 $1,283,577
2016 $10,975 $639,561 $157,363 $482,198
2015 $7,024 $345,607 $96,172 $249,435
2014 $7,158 $338,859 $94,289 $244,570
Source: Public Records

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Map

Source: bridgeMLS

MLS Number: 41120534

bridgeMLS
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