CA > Oakland
Oakland, CA 94606,1944 E 24Th St
Oakland, CA 94606,1944 E 24Th St
Oakland, CA 94606,1944 E 24Th St
Oakland, CA 94606,1944 E 24Th St
Oakland, CA 94606,1944 E 24Th St
Oakland, CA 94606,1944 E 24Th St
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Marby Lee

Marby Lee

+1(408) 718-8204
Listed by Joey Wang • Keller Williams Realty
$ 900,000
Est. payment | /mo

10 Beds

4 Baths

3,480 SqFt

Save
$ 900,000
Est. payment | /mo
Save

10 Beds

4 Baths

3,480 SqFt

Open House

Sat Sep 27, 11:00am - 1:00pm

Sun Sep 28, 2:00pm - 4:00pm

Thu Oct 02, 11:00am - 1:00pm

Sat Oct 04, 11:00am - 1:00pm

Sun Oct 05, 2:00pm - 4:00pm

Thu Oct 09, 11:00am - 1:00pm

Sat Oct 11, 11:00am - 1:00pm

Key Details

Property Type Multi-Family

Sub Type Fourplex

Listing Status Active

Purchase Type For Sale

Square Footage 3,480 sqft

Price per Sqft $258

MLS Listing ID EB41112729

Bedrooms 10

Year Built 1945

Lot Size 7,350 Sqft

Property Sub-Type Fourplex

Source Bridge MLS

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.

Location

State CA

County Alameda

Area Oakland Zip Code 94606

Interior

Heating Floor Furnace , Gas

Cooling Other

Flooring Laminate, Tile

Laundry Hookup - Washer/Dryer , Dryer

Exterior

Garage Spaces 7.0

Roof Type Tar and Gravel

Building

Lot Description Grade - Level

Sewer Sewer - Public

Water Public, Heater - Gas

Others

Tax ID 22-328-12

Special Listing Condition New, Not Applicable

MLS Listing IDX PLUS
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Marby Lee
Marby Lee

Agent | License ID: 02073692

+1(408) 718-8204 | marby@marbyleerealestate.com

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1944 E 24Th St