1944 E 24Th St, Oakland, CA 94606

$955,000
10
BD
3,480
SqFt

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Listed by Joey Wang, (510) 592-4244 from Keller Williams Realty
(If provided) CoList: from

Sold listing courtesy of Ha Thi Nguyen from SRUT04

Sold Price
$955,000
List Price
$900,000
Closing Date
Nov 12, 2025
MLS#
EB41112729
Status
SOLD
Sqft. of Residence
3,480
Lot Size
7,350
Listing Area
Oakland Zip Code 94606

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.

Additional Information

Acres
0.17
Age
80
Amenities
None
Cooling System
Other
Days On Market
Unknown
Energy Features
Double Pane Windows
Floor Covering
Laminate, Tile
Heating System
Floor Furnace, Gas
Laundry Facilities
Hookup - Washer/Dryer, Dryer
Living Area
3,480
Lot Description
Grade - Level
Lot Size
7,350
Neighborhood
Oakland Zip Code 94606
Numberof Units
4
Roof
Tar and Gravel
Sewer
Sewer - Public
Unincorporated Yn
Yes

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