About 2506 Highland Ave
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
Features of 2506 Highland Ave
MLS® # | 41101219 |
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Price | $899,000 |
Bedrooms | 8 |
Square Footage | 2,265 |
Acres | 0.10 |
Year Built | 1911 |
Type | Residential Income |
Sub-Type | Duplex |
Status | Active |
Community Information
Address | 2506 Highland Ave |
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Subdivision | None |
City | Oakland |
County | Alameda |
State | CA |
Zip Code | 94606 |
Amenities
Parking | Attached, Off Street, Other |
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Is Waterfront | No |
Has Pool | No |
Interior
Appliances | Gas Water Heater |
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Heating | Electric, Forced Air |
Cooling | Other |
Fireplace | No |
Exterior
Exterior Features | Back Yard |
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Lot Description | 2 Houses / 1 Lot, Level, Back Yard |
Construction | Stucco, Wood Siding, Other |
Additional Information
Date Listed | June 12th, 2025 |
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Foreclosure | No |
Short Sale | No |
RE / Bank Owned | No |
Listing Details
Agent | Leo Zhang |
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Office | Re/Max Accord |