2506 Highland Ave Oakland, CA 94606
Highland Terrace NeighborhoodEstimated payment $6,007/month
Highlights
- Wood Flooring
- Attached Garage
- Cooling Available
- No HOA
- Crown Molding
- 4-minute walk to Manzanita Recreation Center
About This Home
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
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1911
Lot Details
- 4,445 Sq Ft Lot
- Back Yard
Home Design
- Duplex
- Composition Shingle Roof
- Wood Siding
- Stucco
Interior Spaces
- Crown Molding
Flooring
- Wood
- Laminate
- Tile
Bedrooms and Bathrooms
- 8 Bedrooms
- 4 Bathrooms
Parking
- Attached Garage
- Off-Street Parking
Utilities
- Cooling Available
- Forced Air Heating System
- Gas Water Heater
Community Details
- No Home Owners Association
- 3 Units
Listing and Financial Details
- Assessor Parcel Number 2235127
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $13,806 | $885,360 | $265,608 | $619,752 |
| 2024 | $13,295 | $868,000 | $260,400 | $607,600 |
| 2023 | $14,673 | $902,700 | $270,810 | $631,890 |
| 2022 | $8,430 | $462,047 | $138,614 | $323,433 |
| 2021 | $7,948 | $452,991 | $135,897 | $317,094 |
| 2020 | $7,859 | $448,347 | $134,504 | $313,843 |
| 2019 | $7,492 | $439,560 | $131,868 | $307,692 |
| 2018 | $7,338 | $430,943 | $129,283 | $301,660 |
| 2017 | $7,028 | $422,495 | $126,748 | $295,747 |
| 2016 | $6,777 | $414,211 | $124,263 | $289,948 |
| 2015 | $6,740 | $407,991 | $122,397 | $285,594 |
| 2014 | $4,020 | $200,907 | $60,272 | $140,635 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 06/05/2026 06/05/26 | Pending | -- | -- | -- | |
| 05/21/2026 05/21/26 | For Sale | $899,000 | 0.0% | $397 / Sq Ft | |
| 05/18/2026 05/18/26 | Off Market | $899,000 | -- | -- | |
| 05/14/2026 05/14/26 | For Sale | $899,000 | +3.6% | $397 / Sq Ft | |
| 02/04/2025 02/04/25 | Off Market | $868,000 | -- | -- | |
| 09/08/2023 09/08/23 | Sold | $868,000 | -7.5% | $383 / Sq Ft | View Prior Sale |
| 08/11/2023 08/11/23 | Pending | -- | -- | -- | |
| 07/20/2023 07/20/23 | For Sale | $938,000 | -- | $414 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $868,000 | Old Republic Title Company | |
| Quit Claim Deed | -- | Old Republic Title Company | |
| Grant Deed | $885,000 | Chicago Title | |
| Interfamily Deed Transfer | -- | Chicago Title Company | |
| Grant Deed | $300,000 | Chicago Title Company | |
| Quit Claim Deed | -- | None Available | |
| Grant Deed | $200,000 | None Available | |
| Trustee Deed | $222,500 | Landsafe Title | |
| Interfamily Deed Transfer | -- | Alliance Title Company | |
| Interfamily Deed Transfer | -- | Alliance Title Company | |
| Interfamily Deed Transfer | $157,500 | Old Republic Title Company | |
| Interfamily Deed Transfer | -- | Chicago Title Co | |
| Grant Deed | $285,000 | Chicago Title Co |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $651,000 | New Conventional | |
| Previous Owner | $90,000 | Purchase Money Mortgage | |
| Previous Owner | $220,000 | Purchase Money Mortgage | |
| Previous Owner | $515,000 | Balloon | |
| Previous Owner | $315,000 | No Value Available | |
| Previous Owner | $281,002 | FHA |
Source: Bay East Association of REALTORS®
MLS Number: 41134780
APN: 022-0351-027-00
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Bay East ©2026. CCAR ©2026. bridgeMLS ©2026. Information Deemed Reliable But Not Guaranteed. This information is being provided by the Bay East MLS, or CCAR MLS, or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website. This information is intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Ask me questions while you tour the home.