2832 Summit St, Oakland, CA 94609

Local realty services provided by:CENTURY 21 Masters
2832 Summit St,Oakland, CA 94609
$1,470,000
  • - Beds
  • - Baths
  • 3,656 sq. ft.
  • Multi-family
  • Active
Listed by: joey wang
Office: keller williams realty
MLS#:41134372
Source:MLSListings

Price summary

  • Price:$1,470,000
  • Price per sq. ft.:$402.08

About this home

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 fully renovated 4BR/2BA flagship unit delivered vacant, 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.

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Home facts

  • Year built:1945
  • Listing ID #:41134372
  • Added:57 day(s) ago
  • Updated:July 12, 2026 at 04:38 PM

Rooms and interior

  • Flooring:Tile, Vinyl
  • Living area:3,656 sq. ft.

Heating and cooling

  • Cooling:No Cooling

Structure and exterior

  • Year built:1945
  • Building area:3,656 sq. ft.
  • Lot area:0.09 Acres
  • Lot Features:Level
  • Construction Materials:Stucco
  • Exterior Features:Fenced Yard

Utilities

  • Water:Gas Water Heater

Finances and disclosures

  • Price:$1,470,000
  • Price per sq. ft.:$402.08

Features and amenities

  • Laundry features:Dryer, Laundry Area - In Unit, Washer

Parking

  • Parking description:Parking Area
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