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
Property Details
Price:
$899,000
MLS #:
41101219
Status:
Active
Baths:
0
Address:
2506 Highland Ave
Type:
Residential Income
Subtype:
Duplex
City:
Oakland
Listed Date:
Jun 12, 2025
State:
CA
ZIP:
94606
Lot Size:
4,445 sqft / 0.10 acres (approx)
Year Built:
1911
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Schools
Interior
Appliances
Gas Water Heater
Cooling
See Remarks
Flooring
Laminate, Tile, Wood
Heating
Electric, Forced Air
Exterior
Construction Materials
Stucco, Wood Siding, See Remarks
Parking Features
Garage, Street, Other
Parking Spots
2.00
Roof
Shingle
Financial
Map
Community
- Address2506 Highland Ave Oakland CA
- CityOakland
- CountyAlameda
- Zip Code94606
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2506 Highland Ave
Oakland, CA
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