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+13102459953
Bruce Kang, Broker
2138 19Th Ave, Oakland, CA 94606
- $1,150,000
- List Price
- $1,150,000
- Status
- ACTIVE
- Days on Market
- 364
- Price Change
- ▼ $80,000 1782507150
- MLS#
- 41113788
- Subtype
- Residential Income
- Year Built
- 1905
- Lot Size
- 3,500
- Acres
- 0.08
- Subdivision
- Other
- Neighborhood
- Other
Property Description
Strong Cash Flow! 8.25% CAP, Over $10,670 Monthly Rental Income! A fully stabilized asset rare 5-unit investment property in Oakland’s Highland Terrace, offering both strong cash flow and future upside. This charming 5-unit building features a blend of updated interiors and exterior details, with several units recently renovated to maximize tenant appeal and rental value. The current tenants are clean, reliable, and financially stable—making management easier and more worry-free for the new owner. In addition, the property includes a basement with an approved permit before to be converted into a legal 3-bedroom/1-bath unit, which could generate at least an additional $2,800+ in monthly rental income. Just minutes from Fruitvale BART, Highland Hospital, and Lake Merritt, with strong rental demand in the area, this property combines urban convenience with neighborhood charm—ideal for seasoned investors seeking steady cash flow as well as owner-occupants looking for flexible income potential.
Additional Information
- Taxes
- $18,237
- Appliances
- Gas Water Heater, Dryer, Washer
- Heating
- See Remarks
- Air Conditioning
- Yes
- Exterior Construction
- Stucco
- Roof
- Shingle
Listing courtesy of Listing Agent: Jun Li (junlirealty@gmail.com) from Listing Office: Alliance Bay Realty.
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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.