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
For sale
$899,000
2506 Highland Ave, Oakland, CA 94606
8beds
4baths
2,265sqft
Est.:
Multi Family, Duplex
Built in 1911
-- sqft lot
$899,700 Zestimate®
$397/sqft
$-- HOA
What's special
- 51 days
- on Zillow |
- 100 |
- 18 |
Zillow last checked: 7 hours ago
Listing updated: 13 hours ago
Listed by:
Leo Zhang DRE #02024974 510-590-1628,
Re/max Accord,
Gloria Chun DRE #02084703 510-560-5666,
Re/max Accord
Source: Bay East AOR,MLS#: 41101219

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Open houses
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 4
Heating
- Electric, Forced Air
Cooling
- Other
Appliances
- Included: Gas Water Heater
Features
- Flooring: Laminate, Tile, Wood, Other
Interior area
- Total structure area: 2,265
- Total interior livable area: 2,265 sqft
Property
Parking
- Parking features: Attached, Off Street, Other
- Has attached garage: Yes
Lot
- Size: 4,356 Square Feet
- Features: 2 Houses / 1 Lot, Level, Back Yard
Details
- Parcel number: 2235127
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family, Duplex
- Attached to another structure: Yes
Materials
- Stucco, Wood Siding, Other
- Roof: Composition
Condition
- Year built: 1911
Utilities & green energy
- Sewer: Public Sewer
Community & HOA
Community
- Features: Other
HOA
- Has HOA: No
Location
- Region: Oakland
Financial & listing details
- Price per square foot: $397/sqft
- Tax assessed value: $868,000
- Annual tax amount: $13,295
- Date on market: 6/12/2025
- Total actual rent: 4000
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