603 22nd St, Oakland, CA for sale

Investment Overview

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.

Investment Highlights

• New construction - completed in 2021
• Fire sprinkler system
• Built to last - 40 year shingle roof, high-grade finishes including in-unit laundry
• Separately metered for electric, gas, and sub-metered for water
• Strong demand with 100% occupancy since lease up
• Located in uptown Oakland, near plentiful dining and retail options in downtown and Jack London square