$1,230,000
$10K PRICE DROP

Estimated payment $8,024/month

Total Views 324,035
-- Bed
-- Bath
3,032 Sq Ft
$406 Price per Sq Ft

Highlights

  • Corner Lot
  • Tile Flooring
  • Heating Available
  • No HOA

About This Home

Strong Cash Flow! Over 7% CAP, Over $10,000 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.

Listing Agent

Jun Li

Alliance Bay Realty Brokerage Phone: 510-589-7259 License #01749045 Listed on: 10/04/2025

Alliance Bay Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1905

Lot Details

  • 3,500 Sq Ft Lot
  • Corner Lot

Home Design

  • Composition Shingle Roof
  • Stucco

Flooring

  • Carpet
  • Linoleum
  • Laminate
  • Tile

Laundry

  • Dryer
  • Washer

Parking

  • Carport
  • Assigned Parking

Utilities

  • No Cooling
  • Heating Available

Community Details

  • No Home Owners Association
  • 5 Units

Listing and Financial Details

  • Assessor Parcel Number 21290261

Property Details

Home Type

Multi-Family

Year Built

Built in 1905

Lot Details

3,500 Sq Ft Lot

Listing Details

  • Year Built: 1905
  • Property Sub Type: 5 or More Units
  • Prop. Type: Commercial Sale
  • Subdivision Name: Other
  • Directions: 14th Ave to E21st St to 19th Av
  • Garage Yn: No
  • Attribution Contact: 510-589-7259
  • Special Features: None

Interior Features

  • Flooring: Laminate, Linoleum, Tile, Carpet
  • Appliances: Dryer, Washer
  • Fireplace: No
  • Window Features: Window Coverings

Exterior Features

  • Roof: Composition Shingles, Other
  • Lot Features: Corner Lot
  • Construction Type: Stucco

Garage/Parking

  • Parking Features: Carports - 2 Or More, Assigned

Utilities

  • Heating: Other
  • Cooling: None
  • Cooling Y N: No
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 3500
  • Parcel Number: 21290261

Multi Family

  • Number Of Units Total: 5

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $17,478 $1,035,625 $318,360 $717,265
2024 $17,478 $1,015,326 $312,120 $703,206
2023 $18,185 $995,418 $306,000 $689,418
2022 $17,433 $975,900 $250,000 $725,900
2021 $10,545 $538,612 $136,703 $401,909
2020 $10,472 $537,256 $135,302 $401,954
2019 $9,748 $526,806 $132,650 $394,156
2018 $9,523 $515,174 $130,050 $385,124
2017 $9,002 $504,850 $127,500 $377,350
2016 $8,715 $495,000 $125,000 $370,000
2015 $2,749 $54,600 $31,008 $23,592
2014 $2,994 $53,542 $30,401 $23,141
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/16/2026 04/16/26 Price Changed $1,230,000 +0.8% $406 / Sq Ft
03/30/2026 03/30/26 Price Changed $1,220,000 -0.8% $402 / Sq Ft
03/20/2026 03/20/26 Price Changed $1,230,000 +0.8% $406 / Sq Ft
02/24/2026 02/24/26 Price Changed $1,220,000 -1.2% $402 / Sq Ft
01/27/2026 01/27/26 Price Changed $1,235,000 -0.4% $407 / Sq Ft
10/04/2025 10/04/25 For Sale $1,240,000 -- $409 / Sq Ft
Source: Bay East Association of REALTORS®

About the Listing Agent

Jun Li

Alliance Bay Realty

(833) 408-6436

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Jun Li – Bay Area Real Estate Specialist

With nearly 20 years of experience and a consistent record as a top-producing agent, Jun Li is a trusted expert in Bay Area real estate. Known for strategic pricing, compelling marketing, and polished communication, Jun delivers results-driven service tailored to each client’s goals—whether buying, selling, or investing.
Jun’s deep market insight, meticulous attention to detail, and client-first approach have earned them a reputation for

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Source: Bay East Association of REALTORS®

MLS Number: 41113788

Bay East Association of REALTORS®
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