2138 19Th Ave, Oakland, CA 94606
List Price: $1.23M
Listing Status: Active
Original List Price: $1.24M
0Days on Market: 194
0 Bedrooms · 0 Bathrooms
Property Type: ResidentialIncome
Year Built: 1905
Lot Size: 3,500 sq ft
MLS Number: 41113788
About This Property
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.