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… Read More 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. Read Less
Property listed by Alliance Bay Realty, Jun Li 310-259-7556
Listing Snapshot
Days Online
184
Last Updated
Lot Size
0.08 Acres
Year Built
1905
MLS Number
41113788
Additional Details
Appliances & Equipment
GasWaterHeater, Dryer, Washer
Building
Built in 1905, Construction Materials: Stucco
Cooling
None
Heating
SeeRemarks
Home Owner's Association
Association Fee: $0
Lot
0.0803 acres, CornerLot
Parking
4 total parking spaces
Roof
Shingle
Taxes
Parcel Number: 21290261
Tenant Pays
Gas
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Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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