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    24Th St Oakland, CA 94606

    For Sale
    $875,000

    Well-maintained 5-unit building in Oakland's Highland Terrace neighborhood.

    Property size:
    3,452 SF
    Lot size:
    0.16 Acres

    Property Features for 24Th St

    General Information

    Standard status
    Active
    Size
    3,452 SF
    Lot size
    0.16 Acres

    Building Details

    Year built
    1940

    Source: KELLER WILLIAMS TRI VALLEY REALTY Agent DAVID WEGLARZ

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Oakland Multifamily Victorian Style Building

    Located in Oakland's Highland Terrace neighborhood, 2151 E 24th Street is a well-maintained, Victorian-style building featuring five units. Built in 1940, the property contains four two-bedroom, one-bath units and one one-bedroom, one-bath unit, all with desirable floor plans. The building has approximately 3,452 square feet of space and is constructed with classic wood siding on a concrete perimeter foundation, topped with a pitched composition shingle roof. The lot measures approximately 7,000 square feet and includes five assigned parking spaces at the rear, plus two tandem parking spaces on the right side of the building. The property offers a value-add opportunity with income upside in a high-demand rental market. Each unit has a private entrance, and shared laundry facilities are available. The property is near Garfield Elementary, Roosevelt Middle School, and Oakland High School, with quick access to I-880 and I-580, plus San Antonio and Peralta Parks.
    Insight Report Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Map

    City
    Oakland
    County
    Alameda
    State
    California
    Longitude
    -122.2628287
    Latitude
    37.813169

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    FAQs

    What type of property is this?
    Apartment building - Well-maintained 5-unit building in Oakland's Highland Terrace neighborhood.
    Where is this apartment building located?
    The property is located at 24Th St Oakland, CA.
    What is the asking price?
    The asking price for this property is $875,000.
    What are key features of this property?
    This property features: - Strong value-add opportunity with substantial income upside in a high-demand rental market.; - Well-maintained 5-unit building with desirable floor plans that attract and maintain long-term, reliable tenants.; - Located in Oakland's desirable Highland Terrace neighborhood known for accessibility in a central location.
    (925) 397-4200
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    24Th St Oakland, CA 94606
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    Oakland, CA 94606
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    24Th St Oakland, CA 94606
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