1944 E 24th St, Oakland, CA 94606

Local realty services provided by:ERA Excel Realty
1944 E 24th St,Oakland, CA 94606
$900,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Upcoming open houses
  • Thu, Oct 09
    11:00 am - 01:00 pm
  • Sat, Oct 11
    11:00 am - 01:00 pm
Listed by:joey wang
Office:keller williams realty
MLS#:41112729
Source:CRMLS

Price summary

  • Price:$900,000

About this home

High-income property with built-in upside in Oakland’s Highland Terrace, 1944 E 24th St features four legal units—three 2BD/1BA and one 4BD/1BA—plus a bonus 2BD/1BA unit with its own private entrance. One 2BD unit will be delivered vacant and move-in ready—perfect for an owner-occupant or setting market rents. Two Section 8 tenants are currently paying below market, creating a clear path to raise rents by $2,300+/month. With projected gross income of $10,500/month, the property offers a strong 9.1% CAP rate. Set across two two-story buildings totaling 3,480 sq ft on a large lot with 7 off-street parking spaces. Located near Lake Merritt, Downtown Oakland, and major freeways, this is an ideal fit for investors, owner-occupants, or multigenerational buyers seeking income, space, and long-term flexibility.

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Home facts

  • Year built:1945
  • Listing ID #:41112729
  • Added:1 day(s) ago
  • Updated:September 25, 2025 at 07:26 PM

Heating and cooling

  • Heating:Floor Furnace, Natural Gas

Structure and exterior

  • Roof:Tar Gravel
  • Year built:1945
  • Lot area:0.17 Acres

Utilities

  • Sewer:Public Sewer

Finances and disclosures

  • Price:$900,000
Based on information from California Regional Multiple Listing Service, Inc. as of September 25, 2025 . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

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