2529 E 27Th StOakland, CA 94601
FOOTHILL · Alameda County
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 Information
- Property type
- Residential Income
- Sub-type
- Apartment
- Year built
- 1961
- Lot size
- 0.19 acres
- Parking spaces
- 12
- Zoning
- RM-2
- Days on market
- 73
- MLS® Listing#
- 41142094
Property Features
- Appliances
- Gas Water Heater
- Cooling
- None
- Heating
- Wall Furnace
- Construction
- Stucco · Wood Siding
- Roof
- Shingle
- Parcel number
- 267855
Directions
Cross Street: 25th Ave.
Listing Courtesy: Keller Williams Realty - 9259342900
Presented by: Joey Wang
Licensed in the state of California.
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