1. California
2. Oakland
3. 1944 E 24Th St

1944 E 24Th St, Oakland, CA 94606

• 10 beds
• 3,480 sqft

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.

Listing Status:

Active

Date Added:

September 25, 2025 at 05:00AM

Listing Office:

Keller Williams Realty : 925-934-2900

Listing Agent:

Joey Wang : 510-592-4244

MLS ID:

41112729

Interior

• Appliances: DryerGas Water Heater
• Laundry: DryerWasher/Dryer Hookups
• Basement: None
• Flooring: LaminateTile
• A/C: OtherRoom Air
• Heating: Floor FurnaceNatural Gas

Exterior

• General: Other
• Parking: Uncovered Parking Space

Construction

• Windows: Double Pane Windows
• General: Asphalt

Location

• County: Alameda

Lot

• Zoning: 2232812

Utilities

• Utilities: Water/Sewer Meter AvailableWater/Sewer Meter on SiteNatural Gas AvailableIndividual Electric Meter

This listing courtesy of Joey Wang, Keller Williams Realty