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$955,000
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Property Description
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.
Full Property Details
Full Property Details for 1944 24th St
General
- Sold For: $955,000
- Status: Closed
- Type: Multi-Family
- Source: MAX
- MLS ID: 41112729
- Added to Site: 113 day(s) ago
Interior
- Appliances: Dryer, Gas Water Heater
- Flooring: Laminate, Tile
Rooms
Other Rooms
- Laundry: Dryer, Washer/Dryer Hookups
Exterior
- Exterior Features: Other
Parking
- Parking Features: Uncovered Parking Space
Location
- Area: Listing
- County: Alameda
- Subdivision: Alameda County
- Driving Directions: N on 14 Av Right 4E 24th St
Heating & Cooling
- Cooling Type: Other, Room Air
- Heating Type: Floor Furnace, Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Mutual Water
- Utility Description: Water/Sewer Meter Available, Water/Sewer Meter on Site, Natural Gas Available, Individual Electric Meter
Structural Information
- Exterior Const.: Asphalt
- Roof: Tar/Gravel, Shingle
- Windows: Double Pane Windows
- Living Area: 3,480 Sq. Ft.
- Year Built: 1945
Lot Features
- Lot Size (Acres): 0.17
- Lot Dimensions: 7405.2
- Lot Features: Level
Financial Considerations
- For Sale: Yes
- Price Per Sq. Ft.: $259
Disclosures and Reports
- Property ID: 2232812
Listed by Keller Williams Realty, Joey Wang
Sold by CENTURY 21 Masters, Ha Thi Nguyen
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Schools
Schools serving 1944 24th St
School District:Oakland Unified School District
| Name | Grades | Distance |
|---|---|---|
Manzanita Seed 2409 East 27th Street, Oakland, CA 94601 | K-5 | 0.5 mi |
Roosevelt Middle School, Oakland, CA 1926 19th Avenue, Oakland, CA 94606 | 6-8 | 0.3 mi |
Oakland High School 1023 MacArthur Boulevard, Oakland, CA 94610 | 9-12 | 0.8 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1944 24th St
Date
Details
Price
Change
Source
11/12/2025
Sold
$955,000
6.11%
MLS
9/25/2025
Listed
$900,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1944 24th St, Oakland, CA 94606 (MLS# 41112729) is a Multi-Family property that was sold at $955,000 on November 12, 2025. Want to learn more about 1944 24th St? Do you have questions about finding other Multi-Family real estate for sale in Oakland? You can browse all Oakland real estate or contact a Coldwell Banker agent to request more information.

