About 823 Webster Street
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.
