2138 19Th Ave Oakland, CA 94606
Other
MLS #: 41113788
Courtesy Of Alliance Bay Funding, Inc
Property InformationDescription
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.
Features
- Age: Over 50 Years Old
- Amenities: Cable Ready
- Appliance: Dryer
- Appliance: Washer
- Building Units: 5
- Exterior Type: Stucco
- Floor Covering: Linoleum
- Floor Covering: Laminate
- Floor Covering: Tile
- Floor Covering: Carpet
- MLSID: 41113788
- Roof Type: Composition
- Rooms: Bathroom 6
- Rooms: Bathroom 7
- Rooms: Bathroom 4
- Rooms: Bathroom 5
- Rooms: Bathroom 2
- Rooms: Bathroom 3
- Rooms: Bedroom 3
- Rooms: Bedroom 2
- Rooms: Bedroom 1
- Rooms: Bedroom 6
- Rooms: Bedroom 5
- Rooms: Bedroom 4
- Rooms: Bathroom 1
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