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603 22nd St
AI Property Summary
Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).
- Multifamily apartment building available for sale in Oakland
- Asset contains a total of nine individual residential units
- Investment property is listed at a price of $2,550,000
- The property currently generates a 6.57% capitalization rate
- Located within the dynamic East Bay regional housing market
What's Special
Oakland serves as a vital economic hub within the San Francisco Bay Area, supported by a diverse population and extensive transit infrastructure. This multifamily apartment building, situated at 603 22nd St, benefits from proximity to major regional employment centers and the active urban core of the East Bay. The property comprises nine residential units, providing a stabilized asset for investors seeking a foothold in this established metropolitan market. Given the ongoing demand for rental housing across Alameda County, this apartment building functions as a straightforward acquisition for those focused on income-producing residential real estate. Its centralized position allows tenants convenient access to local transit lines and the broader connectivity of the regional highway network. The current financial profile, highlighted by a 6.57% cap rate, makes this an appropriate addition to a commercial portfolio centered on urban residential assets. Ownership of this site offers consistent exposure to the Oakland rental landscape, a sector characterized by sustained historical demand.
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