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.
Sold for $955,000
$955,000
1944 E 24th St, Oakland, CA 94606
10beds
4baths
3,480sqft
Quadruplex
Built in 1945
-- sqft lot
$975,600 Zestimate®
$274/sqft
$2,580 Estimated rent
Home value
$975,600
$878,000 - $1.08M
$2,580/mo
Zestimate® history
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$2,580/mo
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$2,580/mo
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$6,068/mo
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$6,068/mo
Est. payment
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List your homeWhat's special
Large lotTwo-story buildingsOff-street parking spaces
Zillow last checked:
Listing updated:
Listed by:
Joey Wang DRE #01890931 510-592-4244,
Keller Williams Realty
Bought with:
Ha Thi Nguyen, DRE #02167802
CENTURY 21 Masters
Source: bridgeMLS/CCAR/Bay East AOR,MLS#: 41112729
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 10
- Bathrooms: 4
Heating
- Floor Furnace, Natural Gas
Cooling
- Other, Room Air
Appliances
- Included: Dryer, Gas Water Heater
- Laundry: Dryer, Washer/Dryer Hookups
Features
- Flooring: Laminate, Tile
- Windows: Double Pane Windows
- Basement: None
Interior area
- Total structure area: 3,480
- Total interior livable area: 3,480 sqft
Property
Parking
- Parking features: Uncovered Parking Space
- Has uncovered spaces: Yes
Features
- Exterior features: Other
Lot
- Size: 7,405 Square Feet
- Features: Level
Details
- Parcel number: 2232812
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
Materials
- Asphalt
Condition
- Year built: 1945
Utilities & green energy
- Utilities for property: Water/Sewer Meter Available, Water/Sewer Meter on Site, Natural Gas Available, Individual Electric Meter
Community & HOA
HOA
- Has HOA: No
Location
- Region: Oakland
Financial & listing details
- Price per square foot: $274/sqft
- Tax assessed value: $363,687
- Date on market: 9/25/2025
- Listing terms: None
Price history
| Date | Event | Price |
|---|---|---|
| 11/12/2025 | Sold | $955,000+6.1%$274/sqft |
Source:  bridgeMLS/CCAR/Bay East AOR #41112729 Report a problem | ||
| 10/15/2025 | Pending sale | $900,000$259/sqft |
Source: bridgeMLS/CCAR/Bay East AOR #41112729 Report a problem | ||
| 9/25/2025 | Listed for sale | $900,000$259/sqft |
Source: bridgeMLS/CCAR/Bay East AOR #41112729 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $363,687 +2% |
| 2024 | $8,408 -2% | $356,558 +2% |
| 2023 | $8,580 +6.3% | $349,568 +2% |
| 2022 | $8,072 +10.8% | $342,714 +2% |
| 2021 | $7,287 +1.3% | $335,996 +1% |
| 2020 | $7,194 +8.3% | $332,550 +2% |
| 2019 | $6,643 +8.4% | $326,031 +2% |
| 2018 | $6,126 | $319,640 +2% |
| 2017 | $6,126 +4% | $313,373 +2% |
| 2016 | $5,889 -3% | $307,229 +1.5% |
| 2015 | $6,068 | $302,615 +2% |
| 2014 | $6,068 | $296,688 +0.5% |
| 2013 | -- | $295,349 +2% |
| 2012 | -- | $289,559 +2% |
| 2011 | -- | $283,882 +0.8% |
| 2010 | -- | $281,761 -0.2% |
| 2009 | -- | $282,431 +2% |
| 2008 | -- | $276,893 +2% |
| 2007 | -- | $271,464 +2% |
| 2006 | -- | $266,142 +2% |
| 2005 | -- | $260,925 +2% |
| 2004 | -- | $255,810 +1.9% |
| 2003 | -- | $251,124 +2% |
| 2002 | -- | $246,201 +2% |
| 2001 | $4,058 | $241,373 |
Find assessor info on the county website
Neighborhood: Highland Terrace
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Nearby schools
GreatSchools rating
- 1/10Manzanita CommunityGrades: K-5Distance: 0.4 mi
- 3/10Roosevelt Middle SchoolGrades: 6-8Distance: 0.3 mi
- 4/10Oakland High SchoolGrades: 9-12Distance: 0.8 mi
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Estimated market value
$975,600
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$975,600
- California
- Alameda County
- Oakland
- 94606
- Highland Terrace
- 1944 E 24th St
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