Property Detail

Description

Outstanding mixed-use investment opportunity in a growing Oakland neighborhood, intended to deliver fully vacant. 1440 23rd Avenue offers nine total units, including four conforming residential units, two ground-floor commercial spaces, and three non-conforming residential units. This versatile property combines both residential and commercial income streams, making it an ideal portfolio addition for investors seeking cash flow and long-term appreciation. The property spans 5,884 sq. ft. of living and commercial area in a central location. Several updated units present value-add potential through rental or future repositioning. Located near Fruitvale and Lake Merritt BART stations, with easy access to I-880 and I-580, this location offers strong rental demand and proximity to neighborhood amenities, restaurants, and transit.