About 1944 E 24th St
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.
Features of 1944 E 24th St
| MLS® # | 41112729 |
|---|---|
| Price | $900,000 |
| Bedrooms | 10 |
| Square Footage | 3,480 |
| Acres | 0.17 |
| Year Built | 1945 |
| Type | Residential Income |
| Sub-Type | Quadruplex |
| Status | Pending |
Community Information
| Address | 1944 E 24th St |
|---|---|
| Subdivision | ALAMEDA COUNTY |
| City | Oakland |
| County | Alameda |
| State | CA |
| Zip Code | 94606 |
Amenities
| Utilities | Water/Sewer Meter Available, Water/Sewer Meter on Site, Natural Gas Available, Individual Electric Meter |
|---|---|
| Parking | Uncovered Parking Space |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Appliances | Dryer, Gas Water Heater |
|---|---|
| Heating | Floor Furnace, Natural Gas |
| Cooling | Other, Room Air |
| Fireplace | No |
Exterior
| Exterior Features | Other |
|---|---|
| Lot Description | Level |
| Windows | Double Pane Windows |
| Construction | Asphalt |
Additional Information
| Date Listed | September 25th, 2025 |
|---|---|
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Agent | Joey Wang |
|---|---|
| Office | Keller Williams Realty |