2004 27th Ave, Oakland, CA 94601

Local realty services provided by:Better Homes and Gardens Real Estate Property Shoppe
#1#2#3
2004 27th Ave,Oakland, CA 94601
$995,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by:ken wu
Office:compass
MLS#:41108990
Source:CRMLS

Price summary

  • Price:$995,000

About this home

Priced at just $142,000 per unit, the offering delivers a compelling 6.08% cap rate and 9.32 GRM. The property is comprised of two separate buildings—a five-unit structure and a duplex—enclosed by a perimeter fence, providing both privacy and security for residents. Recent capital improvements include upgraded electrical subpanels throughout, ensuring modern infrastructure and reduced future maintenance costs. Interior upgrades further enhance the property’s desirability, with five of the seven units featuring updated kitchens and bathrooms that appeal to today’s renter preferences. Beyond current performance, the property offers investors over 30% in rental upside, creating an opportunity to drive NOI and substantially increase value over time.

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Home facts

  • Year built:1920
  • Listing Id #:41108990
  • Added:1 day(s) ago
  • Updated:August 22, 2025 at 03:39 AM

Heating and cooling

  • Heating:Wall Furnace

Structure and exterior

  • Year built:1920
  • Lot area:0.09 Acres

Finances and disclosures

  • Price:$995,000
Based on information from California Regional Multiple Listing Service, Inc. as of August 22, 2025 . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

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