Property Description
High-Cash Flow Multi-Unit Property in Highland Terrace – All Units Vacant! Don’t miss this exceptional investment opportunity in the highly desirable Highland Terrace neighborhood. This multi-unit property is fully vacant and ready for you to place tenants at market rent—or move in and house-hack while generating strong income. The main level features a spacious 4B/2B unit with a large living and dining room adorned with traditional crown molding. The kitchen includes Cherrywood cabinets and all appliances—making it ideal as a comfortable primary residence. The garage has been thoughtfully converted into a separate 2B/1B unit, offering even more income potential. Back unit is a fully independent 2B/1B unit with its own PG&E and water meters, full kitchen, and bathroom—perfect for separate tenants or extended family. The home sits on a generous lot with a decent-sized backyard, a wide driveway, and an automatic security gate for added convenience and privacy. Market rent estimates from Rentometer.com: * 4B/2B main unit: $3,500/month * Upper 2B/1B unit: $2,700/month * Lower 2B/1B converted unit: $2,500/month That’s a potential gross rental income of $8,700/month, offering a rare opportunity for both investors and savvy buyers looking to live in one
Get a detailed valuation report, schedule a tour or make an offer!
“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”
TurboHome Fair Market Estimate
TurboHome Savings
$15,243
TurboHome Estimated Value
$957,600
$423 sqft
High Valuation
$1,005,480
$444/sqft
Normal Valuation
$957,600
$423/sqft
Low Valuation
$909,720
$402/sqft
3rd Party Estimates
Source | $/sqft | Valuation |
---|---|---|
HouseCanary | $423/sqft | $957,600 |
Get a detailed valuation report, schedule a tour or make an offer!
“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”
Neighborhood: Highland Terrace
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Comparative Value
$770K
$899K
$955K
$1.16M
$1.18M
3125 35th Ave, Oakland, CA 94619
Sale Price: $770,000
Selected Comparable
2506 Highland Ave, Oakland, CA 94606
List Price: $899,000
Subject Property
3241 Davis St, Oakland, CA 94601
Sale Price: $899,000
Selected Comparable
2659 Grande Vista Ave, Oakland, CA 94601
Sale Price: $955,000
Selected Comparable
1456 E 32nd St, Oakland, CA 94602
Sale Price: $1,160,000
Selected Comparable
127 E 16th St, Oakland, CA 94606
Sale Price: $1,175,000
Selected Comparable
Neighborhood Comps
Subject Property
SUBJECT2506 Highland Ave, Oakland, CA 94606
List: $899,000
Listed: 6/12/2025
Area:2,265 sqft
Price/sqft:$397
Beds:6
Baths:—
Year Built:—
Lot Size:4,445
Comparable Properties
COMPARABLEChoose comps
3241 Davis St, Oakland, CA 94601
Sale: $899,000
6/27/2025 • 0.71 mi
Area:2,606 sqft
Price/sqft:$345
Beds:6
Baths:—
Year Built:—
Weight:23.8%
1456 E 32nd St, Oakland, CA 94602
Sale: $1,160,000
11/12/2024 • 0.48 mi
Area:2,600 sqft
Price/sqft:$446
Beds:6
Baths:—
Year Built:—
Weight:22.1%
3125 35th Ave, Oakland, CA 94619
Sale: $770,000
10/16/2024 • 1.36 mi
Area:1,904 sqft
Price/sqft:$404
Beds:6
Baths:—
Year Built:—
Weight:20.4%
2659 Grande Vista Ave, Oakland, CA 94601
Sale: $955,000
10/29/2024 • 0.20 mi
Area:1,963 sqft
Price/sqft:$487
Beds:5
Baths:—
Year Built:—
Weight:18.8%
127 E 16th St, Oakland, CA 94606
Sale: $1,175,000
1/13/2025 • 1.46 mi
Area:2,832 sqft
Price/sqft:$415
Beds:7
Baths:—
Year Built:—
Weight:15.0%
Subject Property
SUBJECTImage | Address | List Price | sqft | Price/sqft | Lot Size | Distance | List Date | Beds | Baths | Year Built | Weight |
---|---|---|---|---|---|---|---|---|---|---|---|
2506 Highland Ave, Oakland, CA 94606 | $899,000 | 2,265 | $397 | 4,445 | — | 6/12/2025 | 6 | — | — | — |
Comparable Properties
COMPARABLEChoose comps
Image | Address | Sale Price | sqft | Price/sqft | Lot Size | Distance | Sale Date | Beds | Baths | Year Built | Weight |
---|---|---|---|---|---|---|---|---|---|---|---|
3241 Davis St, Oakland, CA 94601 | $899,000 | 2,606 | $345 | 4,920 | 0.71 mi | 6/27/2025 | 6 | — | — | 23.8% | |
1456 E 32nd St, Oakland, CA 94602 | $1,160,000 | 2,600 | $446 | 5,000 | 0.48 mi | 11/12/2024 | 6 | — | — | 22.1% | |
3125 35th Ave, Oakland, CA 94619 | $770,000 | 1,904 | $404 | 4,280 | 1.36 mi | 10/16/2024 | 6 | — | — | 20.4% | |
2659 Grande Vista Ave, Oakland, CA 94601 | $955,000 | 1,963 | $487 | 6,000 | 0.20 mi | 10/29/2024 | 5 | — | — | 18.8% | |
127 E 16th St, Oakland, CA 94606 | $1,175,000 | 2,832 | $415 | 4,500 | 1.46 mi | 1/13/2025 | 7 | — | — | 15.0% |
Nearby Listings
20 similar properties within 5 miles
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