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.
MLS #
SF425067864
MLS Source
San Francisco Association of Realtors® MLS
Days on Site
16
Garage/Parking
Garage: 0 Car(s)
Unit Levels
Multi/Split
HOA Fee
$0
Listing Agent
Susie Lee
Metapoint
License #: 02054948
Phone: (415) 933-7893
Co-Listing Agent
Bill Mar
License #: 01363076
Phone: (415) 203-2363
# Buildings | # Leased Units | # Total Units |
---|---|---|
6 | 3 | 6 |
Type | Sq Ft | Beds | Baths | Min Rent | Max Rent | Units Like This |
---|---|---|---|---|---|---|
1 | 0 | 1 | 1/0 | – | – | – |
2 | 0 | 1 | 1/0 | – | – | – |
3 | – | 2 | 2/0 | – | – | – |
4 | 0 | 3 | 2/0 | – | – | – |
823 Webster St is a Residential Income in Oakland, CA 94607. This 4,500 square foot property sits on a 1,875 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $1,995,000 and was built in 0.
This address can also be written as 823 Webster St, Oakland, CA 94607.©2025 San Francisco Association of Realtors® MLS. All rights reserved. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from San Francisco Association of Realtors® MLS.
Presently MLSListings.com displays Active, Contingent, Pending, and Recently Sold listings. Recently Sold listings are properties which were sold within the last three years. After that period listings are no longer displayed in MLSListings.com. Pending listings are properties under contract and no longer available for sale. Contingent listings are properties where there is an accepted offer, and seller may be seeking back-up offers. Active listings are available for sale.
This listing information is up-to-date as of September 06, 2025. For the most current information, please contact Susie Lee, (415) 933-7893