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$1,240,000
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Property Description
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.
Full Property Details
Full Property Details for 2138 19th Ave
General
- Price: $1,240,000
- Status: Active
- Type: Commercial Residential Facility
- Source: MAX
- MLS ID: 41113788
- Updated: 10/11/2025
- Added to Site: 104 day(s) ago
Interior
- Interior Features: Storage
- Appliances: Dryer, Washer
- Flooring: Laminate, Linoleum, Tile, Carpet
Parking
- Parking Features: Carports - 2 Or More, Assigned
Location
- Area: Listing
- County: Alameda
- Subdivision: Other
- Driving Directions: 14th Ave to E21st St to 19th Av
Heating & Cooling
- Cooling Type: None
- Heating Type: Other
Utilities
- Sewer: Public Sewer
- Cable Available: Yes
- Utility Description: Cable Available, Individual Electric Meter, Individual Gas Meter
Structural Information
- Exterior Const.: Stucco
- Roof: Composition Shingles, Other
- Windows: Window Coverings
- Year Built: 1905
Lot Features
- Lot Size (Acres): 0.08
- Lot Dimensions: 3500
- Lot Features: Corner Lot
Financial Considerations
- For Sale: Yes
- Price Per Sq. Ft.: $409
- Terms: Cash, Conventional, 1031 Exchange
Disclosures and Reports
- Property ID: 21290261
Listed by Alliance Bay Realty, Jun Li
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Schools
Schools serving 2138 19th Ave
School District:Oakland Unified School District
| Name | Grades | Distance |
|---|---|---|
Garfield Elementary School, Oakland, CA 1640 22nd Avenue, Oakland, CA 94606 | PK-5 | 0.4 mi |
Roosevelt Middle School, Oakland, CA 1926 19th Avenue, Oakland, CA 94606 | 6-8 | 0.2 mi |
Oakland High School 1023 MacArthur Boulevard, Oakland, CA 94610 | 9-12 | 0.9 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 2138 19th Ave
Date
Details
Price
Change
Source
10/04/2025
Listed
$1,240,000
26.53%
MLS
11/05/2021
Sold
$980,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 2138 19th Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$18,238
4%
$1,035,625
2%
2024
$17,478
-4%
$1,015,326
2%
2023
$18,185
4%
$995,418
2%
2022
$17,433
65%
$975,900
81%
2021
$10,545
1%
$538,612
—
2020
$10,472
7%
$537,256
3%
2019
$9,748
2%
$522,641
2%
2018
$9,523
6%
$512,397
2%
2017
$9,002
3%
$502,350
2%
2016
$8,715
217%
$492,500
811%
2015
$2,749
-8%
$54,060
2%
2014
$2,994
4%
$53,002
—
2013
$2,889
—
$52,762
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 2138 19th Ave
2138 19th Ave, Oakland, CA 94606 (MLS# 41113788) is a Commercial Residential Facility property. 2138 19th Ave is currently listed for $1,240,000 and was received on October 04, 2025. Want to learn more about 2138 19th Ave? Do you have questions about finding other Commercial Residential Facility real estate for sale in Oakland? You can browse all Oakland real estate or contact a Coldwell Banker agent to request more information.

