2138 19Th Ave, Oakland, CA 94606
2138 19Th Ave, Oakland, CA 94606
2138 19Th Ave, Oakland, CA 94606
2138 19Th Ave, Oakland, CA 94606
2138 19Th Ave, Oakland, CA 94606
2138 19Th Ave, Oakland, CA 94606
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Eric Sandate

Eric Sandate

+1(650) 576-5580
Listed by Jun Li, DRE #01749045 • Alliance Bay Realty
$ 1,150,000
Est. payment | /mo

6 Beds

4 Baths

3,032 SqFt

Save
$ 1,150,000
Est. payment | /mo
Save

6 Beds

4 Baths

3,032 SqFt

Key Details

Property Type Multi-Family, Commercial

Sub Type Five or More Units

Listing Status Active

Purchase Type For Sale

Square Footage 3,032 sqft

Price per Sqft $379

MLS Listing ID BE41113788

Bedrooms 6

Year Built 1905

Lot Size 3,500 Sqft

Property Sub-Type Five or More Units

Source Bay East

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.

Location

State CA

County Alameda

Area Oakland Zip Code 94606

Interior

Cooling None

Flooring Laminate, Linoleum, Tile, Carpet - Wall to Wall

Laundry Washer, Dryer

Exterior

Exterior Feature Stucco

Parking Features Assigned Spaces

Garage Spaces 4.0

Roof Type Other,Composition

Others

Tax ID 21-290-26-1

Special Listing Condition Price Change, Not Applicable

MLS Listing IDX PLUS
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Nearby Locations

Eric Sandate

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(650) 576-5580

eric.sandate@exprealty.com

1641 Laurel St, San Carlos, CA, 94070-5216, USA

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2138 19Th Ave