2138 19th Ave Oakland, CA 94606
Highland Terrace NeighborhoodEstimated payment $8,024/month
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
Alliance Bay Realty Brokerage Phone: 510-589-7259 License #01749045 Listed on: 10/04/2025
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
Map
Home Values in the Area
Average Home Value in this Area
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 |
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 |
About the Listing Agent
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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Ask me questions while you tour the home.