2138 19Th Ave, Oakland, CA 94606

Building Details

Year Built

1905

Listing office Alliance Bay Realty j***@gmail.com Show Phone

Listing date Oct 4, 2025

Source Exitrealty

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Overview

This is a stabilized five-unit apartment building with updated interiors and exterior details. The property includes several units that have been recently renovated, with the goal of improving tenant appeal and supporting rental revenue. The current tenants are described as clean, reliable, and financially stable, contributing to easier day-to-day management for a new owner. The building also has a basement with an approved permit to be converted into a legal 3-bedroom, 1-bath unit.

Located at 2138 19th Ave in Oakland, the property is positioned for convenient access to Fruitvale BART, Highland Hospital, and Lake Merritt, as described in the offering remarks.

For buyers seeking an income-producing multifamily with a stabilized occupancy base, this asset’s current performance is described as over $10,000 in monthly rental income and over a 7% cap rate. The approved basement conversion adds an additional potential income component, described as at least $2,800+ in monthly rental income upon completion. This combination of existing rental strength and permitting for an added legal unit can support a range of residential income strategies.

Suggested Use

Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Gym & Fitness Center Grocery & Convenience Store

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

• Map
• Local Demand

City

Oakland

County

Alameda

State

California

Longitude

-122.2352786

Latitude

37.7919872

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FAQs

What type of property is this?

Apartment building - Stabilized 5-unit property with updated interiors and rental income over $10,000 monthly.

Where is this apartment building located?

The property is located at 2138 19Th Ave Oakland, CA.

What is the asking price?

The asking price for this property is $1,230,000.

What are key features of this property?

This property features: 5‑unit investment property built in 1905 with stabilized rental income over $10,000 per month; Reported over a 7% cap rate and strong cash flow based on current rental income; Several units have been recently renovated to support rental value