Residential Income - 2529 E 27Th St, Oakland, CA

$1,100,000

2529 E 27Th St, Oakland, CA

2529 E 27Th St, Oakland, CA 94601 - $1,100,000 · Multi-Family Home for Sale, photo 3

2529 E 27Th St, Oakland, CA 94601 - $1,100,000 · Multi-Family Home for Sale, photo 4

2529 E 27Th St, Oakland, CA 94601 - $1,100,000 · Multi-Family Home for Sale, photo 5

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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.

Property details

Year built

1961

Property type

Residential Income

Lot size

8,450 sqft

Location

2529 E 27Th St • Oakland, CA 94601

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Listed by

Joey Wang · Keller Williams Realty

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Closed sales reported in 94601, nearest first, last 12 months. All recent sales in Oakland →