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Dave Lucas

david.lucas@cbrealty.com +1(831) 884-3521

Listed by Leo Zhang • Re/Max Accord

$ 899,000

Est. payment | -/mo

8 Beds

4 Baths

2,265 SqFt

Save

$ 899,000

Est. payment | -/mo

Save

8 Beds

4 Baths

2,265 SqFt

OPEN HOUSE

Sat Aug 09, 1:00pm - 4:00pm

Sun Aug 10, 1:00pm - 4:00pm

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,265 sqft

Price per Sqft $396

MLS Listing ID BE41101219

Bedrooms 8

Year Built 1911

Lot Size 4,445 Sqft

Property Sub-Type Duplex

Source Bay East

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

Location

State CA

County Alameda

Area Oakland Zip Code 94606

Interior

Heating Forced Air, Electric

Cooling Other

Flooring Laminate, Other, Tile, Wood

Exterior

Exterior Feature Other, Stucco, Siding - Wood

Parking Features Attached Garage, Off-Street Parking, Other

Garage Spaces 2.0

Roof Type Composition

Building

Lot Description Grade - Level

Sewer Sewer - Public

Water Public, Heater - Gas

Others

Tax ID 22-351-27

Special Listing Condition Not Applicable

GET MORE INFORMATION

Dave Lucas

REALTOR® | Lic# 02092197

david.lucas@cbrealty.com

+1(831) 884-3521

456 Washington St, Monterey, CA, 93940, USA

2506 Highland Ave Oakland, CA 94606

Dave Lucas

OPEN HOUSE

Key Details

Location

Interior

Exterior

Building

Others

2506 Highland Ave