2138 19Th Ave, Oakland, CA 94606
- $1,150,000
Listed by Jun Li, (510) 589-7259 from Alliance Bay Realty
(If provided) CoList: from
- List Price
- $1,150,000
- Price Change
- ▼ $80,000 1782507009
- MLS#
- BE41113788
- Status
- ACTIVE
- Lot Size
- 3,500
- Listing Area
- Oakland Zip Code 94606
- Year Built
- 1905
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.
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Additional Information
- Acres
- 0.08
- Amenities
- Storage Area(s), Window Covering(s), Other
- Cooling System
- None
- Exterior Features
- Stucco
- Floor Covering
- Laminate, Linoleum, Tile, Carpet - Wall to Wall
- Garage Parking
- Assigned Spaces
- Laundry Facilities
- Washer, Dryer
- Lot Size
- 3,500
- Neighborhood
- Oakland Zip Code 94606
- Numberof Units
- 5
- Other Rooms
- Basement - Storage Area
- Roof
- Other, Composition
- Unincorporated Yn
- Yes
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