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New
Open House
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$1,470,000

For Sale

13 hours ago

2832 Summit St, Oakland, CA

House

MLS® 41134372

0 Bed

0 Bath

--

6 Parking

Open House
Thu May 14, 2:00-4:00 PM PDTSat May 16, 2:00-4:00 PM PDTSun May 17, 2:00-4:00 PM PDTThu May 21, 2:00-4:00 PM PDTSun May 24, 2:00-4:00 PM PDT
  • Key Facts
  • Description
  • Map

Key Facts

Type Triplex
Levels Residential Income
Size -
Garage 
Taxes 
Days Active 0
Lot Size 
Approx. Age 1945
MLS® Number 41134372

Property Address: 2832 Summit St, Oakland, CA, 94609-3650

Average square foot calculated using Size range provided by listing agent.

Description

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.
MLS® Number41134372
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1945
Basement
Driveway
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

May 12, 2026List Date
$1,470,000List Price
  • Commute

Commute

Starting Address
Destination Address
2832 Summit St, Oakland, CA

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