Over $10,000 Monthly Rental Income! A rare 5-unit investment property in Oakland’s Highland Terrace, offering both strong cash flow and future upside. This charming 5-unit building features a blend of updated interiors and exterior details, with several units recently renovated to maximize tenant appeal and rental value. The current tenants are clean, reliable, and financially stable—making management easier and more worry-free for the new owner. In addition, the property includes a basement with an approved permit to be converted into a legal 3-bedroom/1-bath unit, which could generate at least an additional $2,800+ in monthly rental income. Just minutes from Fruitvale BART, Highland Hospital, and Lake Merritt, with strong rental demand in the area, this property combines urban convenience with neighborhood charm—ideal for seasoned investors seeking steady cash flow as well as owner-occupants looking for flexible income potential.
MLS #
BE41113788
MLS Source
Bay East
Days on Site
30
Appliances
Dryer, Washer
Flooring
Carpet - Wall to Wall, Laminate, Linoleum, Tile
Cooling
None
Roof
Composition, Other
Garage/Parking
Assigned Spaces, Garage: Car(s)
Sewer
Public Sewer
Complex Amenities
Other
| # Buildings | # Leased Units | # Total Units | 
|---|---|---|
| – | – | 5 | 
| Type | Sq Ft | Beds | Baths | Min Rent | Max Rent | Units Like This | 
|---|---|---|---|---|---|---|
| 1 | 302 | 0 | 0/0 | $1,380 | – | – | 
| 2 | 580 | 2 | 0/0 | $2,400 | – | – | 
| 3 | 550 | 1 | 0/0 | $2,000 | – | – | 
| 4 | 900 | 3 | 0/0 | $2,700 | – | – | 
| 5 | 700 | 2 | 0/0 | $2,060 | – | – | 
2138 19th Ave is a Residential Income in Oakland, CA 94606. This 3,032 square foot property sits on a 3,500 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $1,240,000 and was built in 1905. This address can also be written as 2138 19th Ave, Oakland, CA 94606.
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This listing information is up-to-date as of October 26, 2025. For the most current information, please contact Jun Li, (510) 589-7259