Over $10,000 Monthly Rental Income! A 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 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.
The income description goes here to explain
| List Price | $1,240,000 |
| Property Type | Multi-Family |
| Usable Sqft | Unknown |
| Number of Stories | 0 stories |
| Parking Spots | 4 spots |
| Year Built | 1905 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| HOA Fees: | $0 |
| Association Name: | Unknown |
| Association Amenities: | Unknown |
| APN # | 21290261 |
| MLS # | 41113788 |
| Property ID | 322234252 |
| Lot Sqft | 3,500 |
| Zoning | Unknown |
| Total Units | 5 |
| Days on Market | 103 |
| Original List Price | $1,240,000 |
| Applicances | Gas Water Heater,Dryer,Washer% |
| Date Updated | December 24, 2025 |
| Date Created | October 04, 2025 |
Financials not available online. Please inquire with your agent for more details.
Jun Li an agent of . Lic #01749045
© 2026 CRMLS. All rights reserved. Some listings on this website are from CRMLS as of December 24, 2025 The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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2708 Wilshire Blvd #197
Santa Monica, CA 90403
California #02062862
Florida #CQ1065233
Robert Crawford
REAL ESTATE AGENT