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Listed by: Joey Wang (510) 592-5554 DRE #01890931 | Keller Williams Realty (925) 934-2900
$1,100,000
-- Bed
- -- Bath
--sqft
2529 E 27Th St, Oakland, CA 94601
$1,100,000
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Apartment
Built in 1961
$-- HOA
8,450 sqft lot
--/sqft
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
Status
Active
Type
Multi Family
No. of Stories
-
County
City
Neighborhood
--
Year Built
1961
HOA Fees
-
Finished Area
- sqft
Lot Size
8,450 sqft lot
Basement Area
- sqft
MLS Name
California Regional MLS
MLS Number
41142094
MLS Status
Active
Days on Market
38
Cumulative Days on Market
38
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