2529 E 27th St, Oakland, CA 94601
- $1,100,000
- 4,620
- SqFt
Listing courtesy of Joey Wang from Keller Williams Realty. 510-592-5554
- List Price
- $1,100,000
- Status
- ACTIVE
- Days on Market
- 56
- MLS#
- 41142094
- Subtype
- Commercial Sale
- Year Built
- 1961
- Living Area
- 4,620
- Lot Size
- 8,450
- Acres
- 0.19
- Subdivision
- Foothill
- Neighborhood
- Foothill
Property Description
Six-Unit East Oakland Value-Add at a 7% Cap. 2529 E 27th St delivers six 2BR/1BA units near Highland Hospital and the I-580/I-880 freeways. Priced at $1,100,000 — $183K per unit, $246/SF — on $142,000 in current income. Rents sit 29% below market, with upside captured on turnover under Oakland rent rules and a path to a 10% cap at market. Twelve parking spaces, on-site storage income, and individually metered gas and electric anchor the operations. Unit 3 adds a bonus flex room. Strong cashflow now, with a clear runway to more — built for an investor ready to act.
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Additional Information
- Flooring
- Tile, Vinyl
- Heating
- Wall Furnace
- Air Conditioning
- None
- Exterior Features
- Stucco, Wood Siding
- Roof
- Composition Shingles
- Parking Features
- Parking Lot, Space Per Unit - 2, Uncovered Parking Space, Uncovered Park Spaces 2+
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