2832 Summit St, Oakland, CA 94609

Oakland
Local realty services provided by:Better Homes and Gardens Real Estate Royal & Associates
2832 Summit St,Oakland, CA 94609
$1,470,000
  • 11 Beds
  • - Baths
  • 3,656 sq. ft.
  • Multi-family
  • Active
Listed by: joey wang
Office: keller williams realty925-934-2900
MLS#:41134372
Source:Bay East, CCAR, bridgeMLS

Price summary

  • Price:$1,470,000
  • Price per sq. ft.:$402.08

About this home

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 fully renovated 4BR/2BA flagship unit delivered vacant, 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.

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Home facts

  • Year built:1945
  • Listing ID #:41134372
  • Added:47 day(s) ago
  • Updated:June 28, 2026 at 09:18 PM

Rooms and interior

  • Bedrooms:11
  • Flooring:Tile, Vinyl
  • Living area:3,656 sq. ft.

Heating and cooling

  • Heating:Central

Structure and exterior

  • Year built:1945
  • Building area:3,656 sq. ft.
  • Lot area:0.09 Acres
  • Lot Features:Level, Paved
  • Architectural Style:Triplex
  • Construction Materials:Stucco
  • Exterior Features:Level, Paved, Yard Space

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$1,470,000
  • Price per sq. ft.:$402.08

Features and amenities

  • Appliances:Dryer, Gas Water Heater, Washer
  • Laundry features:Dryer, In Unit, Washer
  • Amenities:Carbon Monoxide Detector(s), Smoke Detector(s)

Parking

  • Parking description:Parking Lot, Street Parking, Uncovered Park Spaces 2+, Uncovered Parking Space
MLS LogoBay East 2026. CCAR 2026 bridgeMLS 2026. Information Deemed Reliable But Not Guaranteed. This information is being provided by the Bay East MLS, or CCAR MLS, or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website. This information is intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated at June 28, 2026

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