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$2,950,000
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Property Description
Introducing a rare opportunity to acquire a truly turn-key, brand-new construction 9-unit multifamily asset in Oakland - impeccably built, meticulously maintained, and fully rented since day one. Completed in early 2021 and constructed with uncompromising quality, this property delivers the upside of institutional-grade new construction with the upside flexibility to optimize rents. Zero vacancy, minimal capital needs, and operational simplicity make this a highly attractive acquisition for a buyer seeking both stability and growth. 603 22nd Street is situated in Oakland's vibrant uptown neighborhood, just minutes from Downtown Oakland and Jack London Square. This highly walkable, transit-oriented location offers quick access to BART, AC Transit, and major thoroughfares connecting to Berkeley and San Francisco. Surrounded by cafés, markets, and neighborhood amenities, the property attracts professionals seeking urban convenience and modern living. The area continues to experience strong rental demand and steady growth, making it one of Oakland's most desirable multifamily submarkets.
Full Property Details
Full Property Details for 603 22nd
General
- Price: $2,950,000
- Status: Active
- Type: Commercial Residential Facility
- Source: MAX
- MLS ID: 41115071
- Updated: 10/17/2025
- Added to Site: 91 day(s) ago
Interior
- Flooring: Laminate
Parking
- Parking Features: None
Location
- Area: Listing
- County: Alameda
- Subdivision: Downtown
- Driving Directions: Telegraph to 22nd
Heating & Cooling
- Cooling Type: None
- Heating Type: Forced Air
Structural Information
- Roof: Composition Shingles
- Year Built: 2021
Lot Features
- Lot Size (Acres): 0.07
- Lot Dimensions: 3049.2
- Lot Features: Court
Financial Considerations
- For Sale: Yes
- Price Per Sq. Ft.: $480
- Terms: Conventional
Listed by NAI Northern California, Grant Chappell
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Schools
Schools serving 603 22nd
School District:Oakland Unified School District
| Name | Grades | Distance |
|---|---|---|
Martin Luther King, Jr. Elementary School 960 10th Street, Oakland, CA 94607 | PK-3 | 0.8 mi |
Westlake Middle School 2629 Harrison St., Oakland, CA 94612 | 6-8 | 0.6 mi |
Oakland Technical High School 4351 BRd.way, Oakland, CA 94611 | 9-12 | 1.7 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 603 22nd
Date
Details
Price
Change
Source
10/17/2025
Listed
$2,950,000
353.85%
MLS
7/12/2016
Sold
$650,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 603 22nd
Year
Property Taxes
Change
Tax Assessment
Change
2025
$29,156
4%
$1,933,119
2%
2024
$28,091
-4%
$1,895,222
2%
2023
$29,243
3%
$1,858,070
2%
2022
$28,506
47%
$1,821,638
50%
2021
$19,413
9%
$1,214,923
5%
2020
$17,794
53%
$1,155,780
71%
2019
$11,596
2%
$676,260
2%
2018
$11,339
4%
$663,000
2%
2017
$10,870
25%
$650,000
38%
2016
$8,699
257%
$472,090
481%
2015
$2,437
-3%
$81,222
2%
2014
$2,517
3%
$79,631
—
2013
$2,452
—
$79,272
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 603 22nd
603 22nd, Oakland, CA 94612 (MLS# 41115071) is a Commercial Residential Facility property. 603 22nd is currently listed for $2,950,000 and was received on October 17, 2025. Want to learn more about 603 22nd? Do you have questions about finding other Commercial Residential Facility real estate for sale in Oakland? You can browse all Oakland real estate or contact a Coldwell Banker agent to request more information.

