Home | Alameda County | Oakland | 94609 | 2832 Summit St
MLS: EB41134372 | Status: Active | Price: $1,470,000
Beds/Baths: – / –
Property Type: Residential Income
| Beds | Baths | Sq Ft | Sq Ft Lot | Yr Built |
|---|---|---|---|---|
| – | – | 3,656 | 3,962 | 1945 |
| Date | Time | Hosted By |
|---|---|---|
| Thursday, May 14 | 2:00 pm - 4:00 pm | Joey Wang |
| Saturday, May 16 | 2:00 pm - 4:00 pm | Joey Wang |
| Sunday, May 17 | 2:00 pm - 4:00 pm | Joey Wang |
| Thursday, May 21 | 2:00 pm - 4:00 pm | Joey Wang |
| Sunday, May 24 | 2:00 pm - 4:00 pm | Joey Wang |
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.
| Field | Value |
|---|---|
| MLS # | EB41134372 |
| MLS Source | Bridge MLS |
| Days on Site | 1 |
| Feature | Details |
|---|---|
| Appliances | Dryer, Washer |
| Flooring | Tile, Vinyl |
| Cooling | Air Conditioning - None |
| Feature | Details |
|---|---|
| Garage/Parking | Parking Area, Garage: Car(s) |
| Complex Amenities | None |
| Zoning | CC2 |
Joey Wang
Keller Williams Realty
License #: 01890931
Phone: (510) 592-5554
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| – | – | 3 |
| Unit # | Sq Ft | Beds | Baths | Rent |
|---|---|---|---|---|
| 1 | 1,195 | 4 | 0/0 | – |
| 2 | 1,168 | 4 | 0/0 | $4,350 |
| 3 | 605 | 3 | 0/0 | $2,964 |
School data provided by GreatSchools.org
| Address | Price | Beds | Baths | Sq Ft | Status |
|---|---|---|---|---|---|
| 821-823 32nd | $1,299,000 | – | – | 3,395 | Contingent |
| 532 42nd St | $1,295,000 | – | – | 2,850 | PendingDoNotShow |
| 1028 61st St | $1,180,000 | – | – | 2,236 | Active |
| 5963 Maccall Street | $1,198,000 | – | – | 2,296 | Active |
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This listing information is up-to-date as of May 12, 2026. For the most current information, please contact Joey Wang, (510) 592-5554.