2144 High St Oakland, CA 94601

Listing agency Sequoia Commercial Group

Listed by Wellington Chang · License #CA 02128739

Source Crexi

Added: Apr 11 Updated: Jul 22 at 2:59PM Checked: Jul 22 at 2:59PM

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Investment Insights

Based on property information with market context.

This 5-unit apartment building offers a strong unit mix of four two-bedroom, one-bath units and one three-bedroom, one-bath unit. Three units have fully remodeled bathrooms, and some units include partially remodeled kitchens and new floors. Two of the units are section 8 tenants, and both tenants received rent increases of over $250 a few weeks ago.

On-site amenities include a coin-op laundry room that provides additional income and four secure garage parking spaces. The current configuration is positioned for investors seeking a property that is cash flowing on day one, with stated returns of over 8.72% on day one and a 6.03% cash-on-cash return.

Located at 2144 High St in Oakland, CA 94601, this offering is presented as a maintained multifamily asset with rent levels described as below-market at the time of listing, alongside ongoing income opportunities.

Key Highlights

• 5‑unit apartment at 2144 High St with (4) 2BD/1BA units and (1) 3BD/1BA unit
• Section 8 tenants in 2 units provide guaranteed income, with rent increases of over $250 reported a few weeks ago
• Three units have fully remodeled bathrooms; some units have partially remodeled kitchens and new floors

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FAQs

What type of property is this?

Apartment building - Five well-configured units include four two-bedroom layouts and one three-bedroom layout, with on-site coin-op laundry.

Where is this apartment building located?

The property is located at 2144 High St Oakland, CA.

What are key features of this property?

This property features: 5‑unit apartment at 2144 High St with (4) 2BD/1BA units and (1) 3BD/1BA unit; Section 8 tenants in 2 units provide guaranteed income, with rent increases of over $250 reported a few weeks ago; Three units have fully remodeled bathrooms; some units have partially remodeled kitchens and new floors