Oakland, CA94606
| 0 sqft | MLS# 41126606
Tract: HIGHLAND TERRACE
For Sale $3,450,000
Description
Highland Palms is a 23-unit market rate apartment complex located in Oakland. The property is comprised of 2 three story buildings with 8 one bedroom/ one bathroom, 14 two bedroom/ one bathroom, and 1 three bedroom/ one bathroom units with 19 parking spaces. Amenities include secure access, gated on-site parking, granite counter tops, dual pane windows and individually metered gas and electric. Located in Oakland’s Highland Park neighborhood. Two thirds of the property were completely rebuilt resulting from a fire to include new electrical. 13 out of 23 units remodeled, kitchen w/ granite countertops, updated laminate floors, lighting, appliances, baths w/ tile, newer dual pane windows, gated on-site parking, secure access. Individually metered for gas & electricity. Part of the building has new electric. Investors will receive a full tax abatement from the regulatory agreement in place. Investor to receive a 100% waiver of Ad Valorem property taxes.
Facts
| Built in 1961 | Lot Size: 14000.00 sqft | HOA Dues: $0/month
Features
Listing provided by Steven Peterson, Infinity Investments
Based on information from California Regional Multiple Listing Service, Inc. as of March 17, 2026. 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.