94606 Homes with Apartment Subtype

Welcome to the vibrant and diverse neighborhood of Oakland, California, specifically the zip code 94606. Nestled in Alameda County, this area is a hidden gem that offers a unique blend of urban energy and community charm. Known for its rich cultural heritage, 94606 is a place where history meets modern living, making it an ideal location for families, young professionals, and everyone in between.

One of the standout features of this neighborhood is the availability of homes with an apartment subtype. These properties provide an excellent opportunity for those looking to invest in real estate or for homeowners who wish to supplement their income through rental units. Imagine living in a beautifully designed home while also having the option to rent out an apartment space—this is the perfect setup for maximizing your investment.

The 94606 area is also characterized by its proximity to various amenities. Residents enjoy easy access to public transportation, making commuting a breeze. The local parks, vibrant dining scene, and eclectic shops contribute to a lively atmosphere that fosters community engagement. The nearby Lake Merritt offers a scenic retreat for outdoor enthusiasts, while the bustling downtown area is just a stone's throw away, offering an array of entertainment options.

Living in 94606 means embracing a lifestyle that balances convenience with comfort. Whether you're looking to buy your first home or expand your real estate portfolio, this neighborhood provides the perfect backdrop for your next chapter. Come explore the possibilities in Oakland’s 94606—where your dream home awaits!

Newest 94606 Homes with Apartment Subtype

$1,095,000

41139459 MLS ⋅ Active Status

Rare opportunity to acquire a well-maintained 11-unit Queen Anne Victorian offering distinctive architectural character, established rental income, and long-term, stable tenancy. Built in 1892, this three-story property features a mix of studio and one-bedroom residences, a wraparound porch, high ceilings, a long tandem driveway, finished basement space, and an open front yard. Significant capital improvements include approximately $135,000 in permitted electrical upgrades, a permitted earthquake-resistant reinforced perimeter foundation with shear-wall protection, and a garage roof replacement completed in 2016. Current scheduled rental income is $12,412.48 per month. Offered at $1,095,000, the property presents an attractive 7.4 GRM based on seller-provided financial information. The property carries a City of Oakland historic designation and is reportedly exempt from the Soft Story Ordinance. A distinctive Oakland multifamily investment combining historic charm, established income, consistent ownership care, and long-term investment potential.

1746 10Th Ave, Oakland

$1,100,000

40845547 MLS ⋅ Active Status

This property is a dynamic cash flow machine, as it generates a true 5% Capitalization Rate on the existing financials and is located in the very desirable Highland Heights Neighborhood less than 5 minutes away from Highland Hospital making for an extremely strong rental demand. The unit mix is outstanding, comprised of 5 very large 2bd/1ba apartments with on-site parking for each unit and the property also has onsite laundry. Two of the units are rented close to market and the other Three are under market, which means there is also upside value in the rents.

Oakland

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.