2223 Park Blvd.
Property Overview
Oakland Mixed-Use Investment Opportunity – Approximately 7.45% Projected Cap Rate!**An excellent opportunity to own a versatile mixed-use property featuring four 1-bedroom/1-bathroom residential units and one ground-floor commercial space. All four residential units have been renovated and are currently vacant, allowing the new owner to select tenants. Conveniently located with easy access to Highway 580, nearby retail amenities, and parks, the property offers a combination of residential and commercial investment potential. According to Apartment List's July 2026 rental data, Oakland's median one-bedroom rent was approximately **$2,077 per month, representing a 13% increase year over year.** This rental-market growth provides encouraging context for investors. Continued economic activity in San Francisco Bay Area may also support regional housing demand. Four renovated residential units. One commercial space. Flexible leasing opportunities. Approximately 7.45% projected cap rate. A compelling opportunity to invest in Oakland's mixed-use real estate market. **Don't miss it!**
Home Details
- Property type
- Residential Income
- Year built
- 1927
- Lot size
- 3,210 sq ft
- Days on market
- 0
- MLS status
- Active
Features & Amenities
Appliances
- Gas Water Heater
Community, Schools & Utilities
Community
- Subdivision
- LAKE MERRITT
Utilities
- Heating
- NaturalGas
- Cooling
- None
Location & Neighborhood
Frequently Asked Questions About 2223 Park Blvd.
Property type: Residential Income
What clients say
“Reza was the best agent we have ever worked with.”Russell & Susan McQueen
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