2529 E 27Th StOakland, CA 94601
FOOTHILL · Alameda County
$1,100,000List price
4,620Sq Ft
1961Year built
0.19Acre lot
10 weeks agoOn market
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
- Multi Family
- Year built
- 1961
- Living area
- 4,620 Sq Ft
- Lot size
- 0.19 acres
- Zoning
- RM-2
- Days on market
- 73
- MLS® Listing#
- 41142094
Property Features
- Appliances
- Gas Water Heater
- Cooling
- None
- Heating
- Wall Furnace
- Flooring
- Tile · Vinyl
- Basement
- None
- Parking
- Parking Lot
- Lot features
- Level · Paved
- Construction
- Wood Siding · Stucco
- Roof
- Shingle
- Security
- Carbon Monoxide Detector(s) · Smoke Detector(s)
- Sewer
- Public Sewer
- Water source
- Public
Financial Details
- HOA
- None
- Parcel number
- 267855
Listing Courtesy: Keller Williams Realty - 9259342900
Presented by: Joey Wang
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IDX information is provided exclusively for consumers’ personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed to be accurate. Listing information updated daily.
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