20
See all 20 photos
Listed by Joey Wang • Keller Williams Realty
$1,470,000
Est. payment /mo
3,656 SqFt
Open Thu 2PM-4PM
2832 Summit St Oakland, CA 94609
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Open House
Thu May 21, 2:00pm - 4:00pm
Sat May 23, 11:00am - 1:00pm
Sun May 24, 2:00pm - 4:00pm
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Square Footage 3,656 sqft
Price per Sqft $402
Subdivision Pill Hill
MLS Listing ID 41134372
HOA Y/N No
Year Built 1945
Lot Size 3,962 Sqft
Property Sub-Type Triplex
Source Bridge AOR
Property Description
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.
Location
State CA
County Alameda
Interior
Heating Central
Cooling No Air Conditioning
Flooring Tile, Vinyl
Fireplace No
Appliance Dishwasher, Dryer, Washer, Gas Water Heater
Laundry In Unit
Building
Lot Description Level, Paved
Water Public
Others
Special Listing Condition Standard
© 2026 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.
NEARBY SCHOOL & BUSINESS
GET MORE INFORMATION