NOT LISTED FOR SALE

2538 Highland Ave Oakland, CA 94606

Highland Terrace Neighborhood

Estimated Value: $699,000 - $1,093,000

6 Beds
2 Baths
1,637 Sq Ft
$533/Sq Ft Est. Value

Last Sold December 09, 2020

Last sale price $740,000 $452 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $6,084/month

12 Days on Market

Highlights

  • Updated Kitchen
  • No HOA
  • Partially Fenced Property
  • 1 Acre Lot
  • Cooling Available
  • 4-minute walk to Manzanita Recreation Center

About This Home

As of December 2020

Wonderfully maintained duplex in the heavily appreciating neighborhood of Highland Terrace. This property is perfectly suited for those looking to "house hack" providing you the opportunity to live in one unit and use the rent from the other to pay your mortgage. For investors, this property is roughly a 6.46% cap rate at asking which provides you with a substantially higher than average return on investment. The property has underwent major renovations in recent years on both the interior and exterior. The large lot gives you the possibility of adding ADU(s) in the rear, providing you the opportunity to increase both the annual income as well as the value of the property. The property is well located near the 580 Freeway, and within a 10-minute drive to Lake Merritt, Downtown Oakland, and Fruitvale Bart.

Last Agent to Sell the Property

Tyler Abraham

Infinite Realty & Invest License #02084876 Listed on: 10/28/2020

Last Buyer's Agent

Thomas Limon

License #01894442

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $15,904

Year Built

  • Built in 1907

Lot Details

  • 1 Acre Lot
  • Partially Fenced Property
  • Back Yard

Home Design

  • Duplex
  • Wood Siding

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Bathrooms

Utilities

  • Cooling Available
  • Wall Furnace

Additional Features

  • Updated Kitchen
  • Laminate Flooring

Community Details

  • No Home Owners Association
  • 1,637 Sq Ft Building
  • Bay East Association

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$15,904

Year Built

Built in 1907

Lot Details

0

Listing Details

  • Year Built: 1907
  • Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 1
  • Directions: Off 21st Avenue
  • Carport Y N: No
  • Garage Yn: No
  • Efficiency: Other
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None

Interior Features

  • Flooring: Laminate
  • Basement: Other
  • Other Equipment: See Remarks
  • Accessibility Features: Other
  • Total Bedrooms: 6
  • Interior Amenities: Updated Baths, Updated Kitchen

Exterior Features

  • Fencing: Partial
  • Lot Features: Level
  • View: None
  • View: No
  • Construction Type: Wood Siding
  • Exterior Features: Back Yard

Garage/Parking

  • Attached Garage: No
  • Parking Features: See Remarks

Utilities

  • Heating: Wall Furnace
  • Utilities: Water/Sewer Meter on Site, All Public Utilities, Individual Electric Meter, Individual Gas Meter
  • Cooling: Other
  • Laundry Features: See Remarks
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Electric: No Solar

Condo/Co-op/Association

  • Association Name: BAY EAST
  • Association: No

Lot Info

  • Lot Size Sq Ft: 4211
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 28, 2020
Closed on
Dec 2, 2020
Sold by
Chretien Roger L
Bought by
Chretien Ana
Seller's Agent
Tyler Abraham
Infinite Realty & Invest
Buyer's Agent
Thomas Limon
List Price
$724,950
Sold Price
$740,000
Premium/Discount to List
$15,050
2.08%
Current Estimated Value
$873,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$133,333
Avg. Annual Appreciation
3.86%

Purchase Details

Closed on
Mar 30, 2018
Sold by
Tan Jin Keat and Tan Jamie C
Bought by
Cherryton Properties Llc

Purchase Details

Closed on
Dec 27, 2017
Sold by
Wong Calvin C and Wong Melinda M
Bought by
Tan Jin Keat and Tan Jamie C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$446,250
Interest Rate
3.95%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 12, 2006
Sold by
Wong Calvin C
Bought by
Wong Calvin C and Wong Melinda M

Purchase Details

Closed on
Oct 7, 2003
Sold by
Wong Melinda
Bought by
Wong Calvin C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$294,000
Interest Rate
6.4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 13, 1994
Sold by
Send Yue Jia and Send Lai May
Bought by
Wong Calvin and Wong Melinda
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Chretien Ana -- Old Republic Title Company
Chretien Aria $740,000 Old Republic Title Company
Cherryton Properties Llc -- None Available
Tan Jin Keat $595,000 Old Republic Title Company
Wong Calvin C -- None Available
Wong Calvin C -- First American Title Company
Wong Calvin -- Northwestern Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chretien Ana $637,500
Previous Owner Tan Jin Keat $446,250
Previous Owner Wong Calvin C $294,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/04/2025 02/04/25 Off Market $740,000 -- --
12/09/2020 12/09/20 Sold $740,000 +2.1% $452 / Sq Ft
11/09/2020 11/09/20 Pending -- -- --
10/28/2020 10/28/20 For Sale $724,950 -- $443 / Sq Ft
Source: Bay East Association of REALTORS®

Tax History Compared to Growth

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 $15,904 $1,037,161 $240,297 $796,864
2024 $15,904 $1,016,827 $235,586 $781,241
2023 $12,851 $769,895 $230,968 $538,927
2022 $12,461 $754,800 $226,440 $528,360
2021 $11,892 $740,000 $222,000 $518,000
2020 $10,204 $619,037 $185,711 $433,326
2019 $9,783 $606,900 $182,070 $424,830
2018 $9,580 $595,000 $178,500 $416,500
2017 $3,749 $179,312 $53,837 $125,475
2016 $3,557 $175,797 $52,781 $123,016
2015 $3,534 $173,157 $51,989 $121,168
2014 $3,573 $169,766 $50,971 $118,795
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2020

    Tyler Abraham

    Infinite Realty & Invest

    Section Image

  • T

    Buyer's Agent in 2020

    Thomas Limon

  • Tom Limon

    Buyer's Agent in 2020

    Tom Limon

    THOMAS LIMON, BROKER

    (510) 333-2846

    1 in this area

    1 Total Sale

    Section Image
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Map

Source: Bay East Association of REALTORS®

MLS Number: 40927227

Bay East Association of REALTORS®

APN: 022-0351-032-00

California Alameda County Oakland 94606 Highland Terrace

2538 Highland Ave, Oakland, CA

This home is located at 2538 Highland Ave, Oakland, CA 94606 since 28 October 2020 and is currently estimated at $873,333, approximately $533 per square foot. This property was built in 1907. 2538 Highland Ave is a home located in Alameda County with nearby schools including Manzanita Community School, Manzanita Seed Elementary School, and Roosevelt Middle School.

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Bay East Association of REALTORS® Bay East ©2025. CCAR ©2025. bridgeMLS ©2025. 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.

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