2506 Highland Ave, Oakland, California 94606, Oakland, 94606 - 0 bed, 0 bath
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Oakland, California 94606
This Residential Income Duplex is a High-Potential Investment Opportunity, listed at $899,000—positioned above the $850,422 Fair Market Value. While priced slightly above market, the property offers a Good Condition Rating and is delivered fully vacant, allowing for immediate placement of tenants at a projected $8,700/month gross income. Featuring a 4B/2B main unit and two 2B/1B units, this asset provides significant flexibility for house-hacking or portfolio expansion. It is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking immediate cash flow.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2506 Highland Ave Subject | $899,000* List Price | 0 | 0 | 2,265 | $375 | - |
A 2212 2212 17th Ave Active | $699,000 List Price | 0 | 0 | 2,148 | $325 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While built in 1911, the property has undergone significant renovations likely within the last 10-15 years. It features updated laminate flooring, modern Cherrywood cabinetry with granite countertops, and updated appliances. The units appear well-maintained, functional, and move-in ready for tenants, meeting the criteria for a solid 'Good' rating.
Elementary School: Crocker Highlands Elementary School (9/10).
The property is delivered fully vacant, providing a rare opportunity to bypass tenant-occupancy hurdles and immediately secure market-rate rents or facilitate a house-hack.
With a projected gross monthly income of $8,700 across three units, the property offers a high rent-to-price ratio that is attractive for yield-focused investors.
As a 1911 build, the property likely requires ongoing maintenance and potential capital improvements to aging systems common in century-old structures.
While some nearby schools are highly rated, several assigned middle and high schools have low ratings, which may deter some long-term family tenants.
High-Cash Flow Multi-Unit Property in Highland Terrace. Don’t miss this exceptional investment opportunity in the highly desirable Highland Terrace neighborhood. This multi-unit property is 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
No exterior & parking available.
Grades K-5 • 0.3 mi
Grades K-5 • 0.5 mi
Grades K-5 • 0.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 0.0 | 50% |
| Baths | 0.0 | 0.0 | 50% |
| Square foot | 2,265 | 2,227 | 50% |
| Lot Size | 4,445 | 4,363.5 | 50% |
| Price | $899.0K | $932.0K | 50% |
| Price per sq ft | $397 | $315 | 63% |
| Built year | 1911 | 1920 | 25% |
| HOA | $0 | $0 | 50% |
| Days on market | 23 | 204 | 13% |
May 14, 2026
$899,000
Initial Listing
Sep 8, 2023
$868,000
Public Record
Mar 31, 2022
$885,000
Public Record
Jan 7, 2014
$300,000
Public Record
Aug 2, 2012
$200,000
Public Record