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Sold on 10/28/2025
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823 Webster St, Oakland, CA 94607

  • $1,350,000

    Last sold 10/28/2025 after 67 Days

  • 7

    bed

  • 6

    bath

  • 4,500

    Sqft ($300/Sqft)

Multi-family not for sale
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About 823 Webster St

Property type Multi-family
Neighborhood
HOA fee $0/month
Lot size 1,875 Sqft
Property description
Located in the heart of Oakland's Chinatown, this fully remodeled mixed-use building presents a rare opportunity to acquire a high-performing income asset in an iconic neighborhood. Rising three stories, the property combines five residential units with a prime ground-floor restaurant space, offering both stable cash flow and long-term upside. The unitstwo studios, two 1BR, and one 3BR/2BAhave been extensively renovated with upgraded electrical, new flooring, new appliances, and new paint, with several featuring private balconies. Three units are currently occupied, providing immediate income and strong upside as the others are leased. The ground-floor commercial space, formerly home to the Golden Peacock Restaurant for over 50 years, boasts prime Webster Street frontage, fresh paint, and unmatched visibility on a high-traffic corridor. The exterior has been updated for strong curb appeal, making the property turnkey for both residential and retail tenants. Surrounded by Chinatown's cultural richness and steady foot traffic, it sits next to the Renaissance Plaza, Asian Health Services/Hospitals and Stanford medical offices, and minutes from Oakland Financial District. The location also provides seamless access to BART, AC Transit, and HWY I-880, I-580, and the Bay Bridge.
Listed by
Listing Agent - Susie Lee
Listing Office - Metapoint
Source: SFARMLS mls logo
MLS#425067864 • last updated 5 months ago
Movoto checked SFARMLS for data Just now
Overview
Levels/Style Multi/Split, Three, 0, 3
SqFt 4500
SubType 5 Or More Units, Apartments, Live/Work, Mixed Use
Type Residential Income
MLS # 425067864
Status Closed
Lot Size (Acres) 0.043
Lot Size (SqFt) 1875
Condition Updated/Remodeled, Varies By Unit
Interior
Total # of Rooms 15
Exterior
Lot Desc None
Location
County Alameda
APN 001-0193-008
Multifamily Details
Unit 2: # Bedrooms 1
Unit 4: # Bedrooms 3
Unit 2: # Full Baths 1
Unit 3 #C - 1 BR/1 BA#D - Studio
Unit 4: # Full Baths 2
Unit 1 #A - Studio
Unit 1: # Bedrooms 1
Unit 1: # Full Baths 1
Unit 4 #E - 3 BR/2BA
Unit 2 #B - 1 BR/1 BA
Unit 3: # Bedrooms 2
Unit 3: # Full Baths 2
# Units Furnished None
# Of Units Total 6
# Of 1 Bedroom Units 2
# Of 3 Bedroom Units 1
# Of Units Month To Month 3
# Studios Occupied 2
# of Studio Units 2
# Of Units Vacant 3
# Of Units Leased 3
Gross Rent Multiplier 7.74
Cap Rate 12.92
We are not permitted to show value estimates for this property.
  • Jan 2026
    mls logo MLS # 425067864
  • Jan 8, 2026 Sold
    $1,350,000 (-9.7%)
  • Oct 28, 2025 Pending
  • Oct 8, 2025 Price Change
    $1,495,000 (-25.1%)
  • Aug 22, 2025 Listed
    $1,995,000
  • 823 Webster St
    $1.35M
  • Downtown Oakland
    $444K -15% y/y
  • 94607
    $525K -9% y/y
  • Oakland
    $630K -9% y/y
No chart available
Statistics calculated by Movoto

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Source: GreatSchools.org © 2026. All rights reserved.

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