2832 Summit St Oakland, CA $ 1,470,000
2832 Summit St
$ 1,470,000
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2832 Summit St

Oakland, CA, 94609
$ 1,470,000
Baths1.0

Monthly Estimate*

$ 9,051

Listed by Keller Williams Realty
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Studio

Single Family Home for sale in Oakland, CA

for $1,470,000 with 1 full bath. This home was built in 1945 on a lot size of 0.091.

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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Single Family Active

Price

$ 1,470,000

Bedrooms

Studio

Full Bath

1

Property Type

Single Family

Taxes

$ 0

Style

Lot Size

0.091

Year Built

1945

Town/City

Oakland

County/Region

Alameda

MLS | Web ID

41134372

Days on Market

16

Features
General
Possession CloseOfEscrow
Appliances GasWaterHeater Dryer Washer
Zoning CC2
HOA Fee 0
Construction Materials Stucco
Year Built 1945
Property Subtype Triplex
County Alameda
Property Type ResidentialIncome
Subdivision Name PILL HILL
Status Active
Directions Cross Street: 29th St.
City Oakland
Number Of Units Total 3
Lot Size Units SquareFeet
Lot Size Square Feet 3962
Standard Status Active
Property Sub Type Additional Triplex
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Interior
Flooring Tile Vinyl
Air Conditioning Y/N false
Heating Y/N true
Total Baths 0
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Exterior
Lot Features StreetLevel
Total Parking 6
Lot Size Area 3962
Lot Size Acres 0.091
Lot Size Source PublicRecords
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* Excluded Features
List By
Keller Williams Realty

Broker

joey.wang@loremultifamily.com

Email

Affordability Calculator

$9,051
Per Month
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Monthly Principal & Interest
$9,051
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Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/12/2026$1,470,000 Listed Price

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2832 Summit St, Oakland, CA, 94609 is a Single Family Home for sale at $1,470,000 with a lot size of 0.091. 2832 Summit St is a studio with 1.0 baths and was built in 1945. The property's zip code is 94609 which is in Oakland, CA