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2506 Highland Ave, Oakland, CA 94606

List Price: $899,000On Market FlagOn market
Jun 12, 20252,265 sqft6 beds0 baths
Listed by: Leo Zhang
License #: 02024974
Phone #: 510-590-1628
Re/Max Accord
Source:
CRMLS Logo
MLS #: 41101219

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
Assignment
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Kevin Kretzmer
Kevin Kretzmer

Role: TurboHome Head Agent

Experience: 10 years

No. of Transactions: 227

“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

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$/sqftValuation
HouseCanary$423/sqft$957,600

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

SUBJECT
2506 Highland Ave, Oakland, CA 94606

2506 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

COMPARABLE
Choose comps
3241 Davis St, Oakland, CA 94601

3241 Davis St, Oakland, CA 94601

Sale: $899,000

6/27/20250.71 mi

Area:2,606 sqft
Price/sqft:$345
Beds:6
Baths:
Year Built:
Weight:23.8%
1456 E 32nd St, Oakland, CA 94602

1456 E 32nd St, Oakland, CA 94602

Sale: $1,160,000

11/12/20240.48 mi

Area:2,600 sqft
Price/sqft:$446
Beds:6
Baths:
Year Built:
Weight:22.1%
3125 35th Ave, Oakland, CA 94619

3125 35th Ave, Oakland, CA 94619

Sale: $770,000

10/16/20241.36 mi

Area:1,904 sqft
Price/sqft:$404
Beds:6
Baths:
Year Built:
Weight:20.4%
2659 Grande Vista Ave, Oakland, CA 94601

2659 Grande Vista Ave, Oakland, CA 94601

Sale: $955,000

10/29/20240.20 mi

Area:1,963 sqft
Price/sqft:$487
Beds:5
Baths:
Year Built:
Weight:18.8%
127 E 16th St, Oakland, CA 94606

127 E 16th St, Oakland, CA 94606

Sale: $1,175,000

1/13/20251.46 mi

Area:2,832 sqft
Price/sqft:$415
Beds:7
Baths:
Year Built:
Weight:15.0%

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