Ad #7711457
MLS #41134372
Stabilized Oakland triplex in the heart of Pill Hill -walking
2832 Summit St, Oakland, CA 94609
$1,470,000
11Beds
--Baths
3,656Sqft
0.09Acres
About this property
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.
Property Features
11 Beds
0 Baths
3,656 Sqft
Built in 1945
0.09 Acres
Parking Lot, Covered
Siding: Stucco
Central
Alameda County
PILL HILL Community
Additional Photos
Contact Information
Joey Wang
Keller Williams Realty Walnut Creek
510-592-5554
Location
Listing Agent: Joey Wang 510-592-5554
Broker: Keller Williams Realty Walnut Creek 925-934-2900 Listing Site
Copyright © 2026 bridgeMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Broker: Keller Williams Realty Walnut Creek 925-934-2900 Listing Site
Copyright © 2026 bridgeMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
BeachHouse.com
Printed Aug 12, 2026
Photo Gallery
$1,470,000
11
Beds
--
Baths
3,656
Sqft
2832 Summit St, Oakland, CA 94609
By contacting this agent you agree to these Terms and Conditions.
MLS# 41134372
Stabilized Oakland triplex in the heart of Pill Hill -walking
$1,470,000
2832 Summit St, Oakland, CA 94609
11
Beds
--
Baths
3,656
Sqft
0.09
Acres
$1,470,000
2832 Summit St, Oakland, CA 94609
11 Beds
-- Baths
3,656 Sqft
0.09 Acres
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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Property Details
HOME DETAILS
11 Beds
0 Baths
3,656 Sqft
Built in 1945
0.09 Acres
EXTERIOR
Parking Lot, Covered
Siding: Stucco
INTERIOR
Central
FINANCIAL & COMMUNITY
Alameda County
PILL HILL Community
See More Details
Location
Mortgage Calculator
Ad Statistics
Ad Number
7711457
Viewed
0 time
Listing Status
Active
Added
May 12, 2026
Last Refreshed
Jul 03, 2026 06:17:28 PM
Listing Information
Data Source
BridgeMLS
Source Property ID
41134372
Listing Agent: Joey Wang 510-592-5554
Broker: Keller Williams Realty Walnut Creek 925-934-2900 Listing Site
Copyright © 2026 bridgeMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Broker: Keller Williams Realty Walnut Creek 925-934-2900 Listing Site
Copyright © 2026 bridgeMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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