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$ 899,000
Est. payment /mo
Pending
2506 Highland Ave Oakland, CA 94606
4,443 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Pending
Purchase Type For Sale
MLS Listing ID 41134780
HOA Y/N No
Year Built 1911
Lot Size 4,443 Sqft
Property Sub-Type Duplex
Property Description
High-Cash Flow Multi-Unit Property in Highland Terrace. Don't miss this exceptional investment opportunity in the highly desirable Highland Terrace neighborhood. This multi-unit property is ready for you to place tenants at market rent—or move in and house-hack while generating strong income. The main level features a spacious 4B/2B unit with a large living and dining room adorned with traditional crown molding. The kitchen includes Cherrywood cabinets and all appliances—making it ideal as a comfortable primary residence. The garage has been thoughtfully converted into a separate 2B/1B unit, offering even more income potential. Back unit is a fully independent 2B/1B unit with its own PG&E and water meters, full kitchen, and bathroom—perfect for separate tenants or extended family. The home sits on a generous lot with a decent-sized backyard, a wide driveway, and an automatic security gate for added convenience and privacy. Market rent estimates from Rentometer.com: * 4B/2B main unit: $3,500/month * Upper 2B/1B unit: $2,700/month * Lower 2B/1B converted unit: $2,500/month That's a potential gross rental income of $8,700/month, offering a rare opportunity for both investors and savvy buyers looking to live in one
Location
State CA
County Alameda
Interior
Heating Electric, Forced Air
Cooling See Remarks
Flooring Laminate, Tile, Wood
Fireplace No
Appliance Gas Water Heater
Exterior
Parking Features Garage, Other, On Street
Roof Type Shingle
Total Parking Spaces 2
Building
Lot Description Back Yard, Street Level
Others
Tax ID 2235127
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Virtual Tour https://youtu.be/CORCRLXiDaI?si=TMYcROTBDJW8fgVl
Listed by Leo Zhang RE/MAX Accord #02024974
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