2138 19Th Ave, Oakland, CA 94606
2138 19Th Ave, Oakland, CA 94606
2138 19Th Ave, Oakland, CA 94606
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Parisa Samimi

Parisa Samimi

+1(510) 410-4050
$1,150,000
Est. payment /mo
3,032 SqFt
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UPDATED:

Key Details

Property Type Multi-Family, Commercial

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 3,032 sqft

Price per Sqft $379

MLS Listing ID 41113788

HOA Y/N No

Year Built 1905

Lot Size 3,500 Sqft

Acres 0.08

Property Sub-Type Multi Family

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

Rooms

Basement Other, Separate Entry, Storage Space

Interior

Interior Features Storage

Heating Other

Cooling None

Flooring Carpet, Laminate, Linoleum, Tile

Fireplace No

Window Features Window Coverings

Appliance Dryer, Washer, Gas Water Heater

Exterior

Utilities Available Cable Available, Individual Electric Meter, Individual Gas Meter

Building

Lot Description Corner Lot

Sewer Public Sewer

Water Public

New Construction No

Others

Tax ID 21290261

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Bridge MLS
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Listed by Jun Li • Alliance Bay Realty

NEARBY SCHOOL & BUSINESS

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Parisa Samimi

Parisa Samimi

+1(510) 410-4050

Founder & Real Estate Broker | License ID: 01858122

Founder & Real Estate Broker License ID: 01858122

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2138 19Th Ave