Property Details
About this Property
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.
MLS Listing Information
MLS #
EB41112729
MLS Source
Bridge MLS
Interior Features
Appliances
Dryer
Flooring
Laminate, Tile
Cooling
Other
Heating
Floor Furnace, Gas
Exterior Features
Roof
Tar/Gravel
Parking, School, and Other Information
Sewer
Public Sewer
Water
Public
Complex Amenities
None
Unit Information
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| – | – | 4 |
| Unit # | Sq Ft | Beds | Baths | Rent |
|---|---|---|---|---|
| 1 | 1,272 | 4 | 0/0 | $2,575 |
| 2 | 752 | 2 | 0/0 | $1,688 |
| 3 | 727 | 2 | 0/0 | $2,090 |
| 4 | 729 | 2 | 0/0 | $2,100 |
Neighborhood: Around This Home
Neighborhood: Local Demographics
1944 E 24th St is a Residential Income in Oakland, CA 94606. This 3,480 square foot property sits on a 7,350 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $955,000 and was built in 1945. This address can also be written as 1944 E 24th St, Oakland, CA 94606.
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This listing information is up-to-date as of November 13, 2025. For the most current information, please contact Joey Wang, (510) 592-4244
