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$900,000

Est. payment - /mo

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7,348 Sqft Lot

Open Sun 2PM-4PM

1944 E 24Th St Oakland, CA 94606

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Chris Mardelli

chris@therealupside.com +1(310) 571-5761

Open House

Sat Sep 27, 11:00am - 1:00pm

Sun Sep 28, 2:00pm - 4:00pm

Thu Oct 02, 11:00am - 1:00pm

Sat Oct 04, 11:00am - 1:00pm

Sun Oct 05, 2:00pm - 4:00pm

Thu Oct 09, 11:00am - 1:00pm

Sat Oct 11, 11:00am - 1:00pm

UPDATED:

Key Details

Property Type Single Family Home, Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Subdivision Alameda County

MLS Listing ID 41112729

HOA Y/N No

Year Built 1945

Lot Size 7,348 Sqft

Property Sub-Type Quadruplex

Property Description

High-income property with built-in upside in Oakland's Highland Terrace, 1944 E 24th St features four legal units—three 2BD/1BA and one 4BD/1BA—plus a bonus 2BD/1BA unit with its own private entrance. One 2BD unit will be delivered vacant and move-in ready—perfect for an owner-occupant or setting market rents. Two Section 8 tenants are currently paying below market, creating a clear path to raise rents by $2,300+/month. With projected gross income of $10,500/month, the property offers a strong 9.1% CAP rate. Set across two two-story buildings totaling 3,480 sq ft on a large lot with 7 off-street parking spaces. Located near Lake Merritt, Downtown Oakland, and major freeways, this is an ideal fit for investors, owner-occupants, or multigenerational buyers seeking income, space, and long-term flexibility.

Location

State CA

County Alameda

Interior

Heating Floor Furnace, Natural Gas

Cooling See Remarks

Flooring Laminate, Tile

Fireplace No

Appliance Gas Water Heater, Dryer

Exterior

Roof Type Tar/Gravel

Total Parking Spaces 7

Building

Lot Description Street Level

Sewer Public Sewer

Others

Tax ID 2232812

Listed by Joey Wang Keller Williams Realty

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