2004 27th Ave, Oakland, CA 94601

Local realty services provided by:ERA Carlile Realty Group
2004 27th Ave,Oakland, CA 94601
$995,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by:ken wu
Office:compass
MLS#:41108990
Source:CRMLS

Price summary

  • Price:$995,000

About this home

Priced at just $142,000 per unit, the offering delivers a compelling 6.08% cap rate and 9.32 GRM. The property is comprised of two separate buildings—a five-unit structure and a duplex—enclosed by a perimeter fence, providing both privacy and security for residents. Recent capital improvements include upgraded electrical subpanels throughout, ensuring modern infrastructure and reduced future maintenance costs. Interior upgrades further enhance the property’s desirability, with five of the seven units featuring updated kitchens and bathrooms that appeal to today’s renter preferences. Beyond current performance, the property offers investors over 30% in rental upside, creating an opportunity to drive NOI and substantially increase value over time.

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Home facts

  • Year built:1920
  • Listing ID #:41108990
  • Added:35 day(s) ago
  • Updated:September 26, 2025 at 10:31 AM

Heating and cooling

  • Heating:Wall Furnance

Structure and exterior

  • Year built:1920
  • Lot area:0.09 Acres

Finances and disclosures

  • Price:$995,000
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