2832 Summit St, Oakland, CA 94609

Oakland
Local realty services provided by:ERA North Orange County Real Estate
2832 Summit St,Oakland, CA 94609
$1,470,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: joey wang
Office: keller williams realty925-934-2900
MLS#:41134372
Source:CRMLS

Price summary

  • Price:$1,470,000

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:48 day(s) ago
  • Updated:June 29, 2026 at 01:44 PM

Rooms and interior

  • Flooring:Tile, Vinyl
  • Kitchen Description:Washer

Structure and exterior

  • Year built:1945
  • Lot area:0.09 Acres
  • Lot Features:Street Level
  • Construction Materials:Stucco

Finances and disclosures

  • Price:$1,470,000

Features and amenities

  • Appliances:Dryer, Gas Water Heater, Washer
  • Laundry features:Dryer, Washer

Parking

  • Total parking spaces:6
Based on information from California Regional Multiple Listing Service, Inc. as of June 29, 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. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

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