1944 E 24Th St, Oakland, CA 94606

About this fourplex

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 description from the November 2025 sale, as reported to CRMLS.

Sale history

$955,000

Sold November 2025 · listed $900,000, on market September 2025 · MLS #41112729 · Source: CRMLS

Listing Agent: Joey Wang · Listing Office: Keller Williams Realty · Contact: 925-934-2900 · Bought with: Ha Thi Nguyen · CENTURY 21 Masters

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