2138 19Th Ave, Oakland, CA 94606

• 3,032 sqft

Property Description

Strong Cash Flow! 8.25% CAP, Over $10,670 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.

Listing Status:

Active

Date Added:

October 4, 2025

Data Last Updated:

July 6, 2026 at 2:08AM

Listing Office:

Alliance Bay Realty : 510-742-6600

Listing Agent:

Jun Li : 510-589-7259

MLS ID:

41113788

Interior

• General: Storage
• Appliances: DryerWasherGas Water Heater
• Basement: OtherSeparate EntryStorage Space
• Flooring: CarpetLaminateLinoleumTile
• A/C: None
• Heating: Other

Exterior

• Parking: Carports - 2 Or MoreAssigned

Construction

• Roofing: Shingle
• Windows: Window Coverings
• General: Stucco

Location

• County: Alameda

Lot

• Zoning: 21290261

Utilities

• Utilities: Cable AvailableIndividual Electric MeterIndividual Gas Meter
• Water: Public
• Sewer: Public Sewer