Attention Investors I2120 E 22nd Street · Oakland, CA 94606 Offered at $895,000 | 7.04% Cap Rate | 9.61× GRM A fully occupied, cash-flowing four-unit investment in Oakland's Clinton/San Antonio district — offered at a 7.04% cap rate with $62,992 in net operating income and $7,762 in monthly gross rents collected today. All four units are 2-bedroom/1-bath, currently generating $93,143 in gross scheduled rent annually. Three of the four units are renting at or near market, with Unit A at $2,335/mo and Unit C at $2,046/mo — reflecting the strength of renovated product in this submarket. The one legacy tenant (Unit B, $1,381/mo) represents genuine upside, subject to Oakland RAP CPI increases over time. The two-story wood-frame building has been refreshed throughout — renovated kitchens with quartz countertops, stained hardwood cabinetry, subway tile backsplash, and luxury vinyl plank flooring across all units. The property features a security-gated front and rear entry, private side yard, and rear surface parking lot. Tenants are individually sub-metered for electric and gas, keeping owner utility exposure lean — water, sewer, and garbage represent the bulk of operating costs at just 32.4% of GSR. At $223,750/unit and a sub-10× GRM, this is the type of stabilized East Bay multifamily that is increasingly hard to find — clean, income-producing, and priced to move. Key Metrics Offering Price: $895,000 · Price/Unit: $223,750 · GRM: 9.61× · Cap Rate: 7.04% · NOI: $62,992 · Monthly Gross Rents: $7,762 · Units: 4 × 2BR/1BA · 100% Occupied