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Open House Times
- Thu. May. 21 at 2:00pm to 4:00pm
- Sat. May. 23 at 10:00am to 12:00pm
- Sun. May. 24 at 2:00pm to 4:00pm
About the Listing BMLS-OBBKWR - BMLS-R01890931
Stabilized Oakland triplex in the heart of Pill Hill —walking distance to Kaiser Permanente, MacArthur BART, and Lake Merritt. The 2,968 SF building offers 11 bedrooms across three well-configured units: a vacant, fully renovated 4BR/2BA flagship, a remodeled 4BR/2.5BA, and a 3BR/1BA. Priced at $1,470,000 ($490K/door) with stabilized NOI of $92,858 and a 6.32% cap rate —rents already at market, zero gap to close. Over $63,000 invested since 2021, including sewer lateral compliance, dual-pane windows, two unit remodels, exterior paint, and a roof under five years old. Six parking spaces, in-unit laundry, and four electric meters. CC-2 zoning opens the door to ADU or density exploration, subject to verification. Live in the vacant flagship and collect $7,300+/month from the other two, or add a turnkey cash-flowing triplex to your portfolio. Opportunities like this don't sit long.
Interior Details
- Bedrooms: 11
- Bathrooms: 6 Full
- Appliances: Gas Water Heater, Dryer, Washer
- Air Cond:
- Heating:
- Fireplaces:
- Floor: Tile,Vinyl
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water:
Exterior Details
- Lot Description: Street Level,No Land Lease
- Garage Capacity: N/A
- Parking Spaces: 6
- Zoning: CC2
- Roof:
- Others: Stucco,2+ Total Units
- Sewer:
Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: 968717
- Tax Year: N/A
Payment Calculator
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Questions About..
2832 Summit St Oakland, CA 94609
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