2529 E 27Th St, Oakland, CA 94601
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2529 E 27Th St, Oakland, CA 94601
2529 E 27Th St, Oakland, CA 94601
2529 E 27Th St, Oakland, CA 94601
2529 E 27Th St, Oakland, CA 94601
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Listed by Joey Wang • Keller Williams Realty
$ 1,100,000
Est. payment /mo
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2529 E 27Th St Oakland, CA 94601

4,620 SqFt


UPDATED:

Key Details

Property Type Commercial

Sub Type Apt Complex

Listing Status Active

Purchase Type For Sale

Square Footage 4,620 sqft

Price per Sqft $238

Subdivision Foothill

MLS Listing ID 41142094

HOA Y/N No

Year Built 1961

Lot Size 8,450 Sqft

Property Sub-Type Apt Complex

Source Bridge AOR

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.

Location

State CA

County Alameda

Interior

Heating Wall Furnace

Cooling None

Flooring Tile, Vinyl

Fireplace No

Laundry Coin Operated

Building

Lot Description Level, Paved

Water Public

Others

Special Listing Condition Standard


Bay East Association of Realtors
Theresa Solon

Theresa Solon

REALTOR | CA DRE# 01436657

+1(707) 334-9186

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