2832 Summit St
Oakland, CA, 94609
$1,470,000
Beds
0 Baths
0 SqFt
0.09 Acres
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MLS #41134372 image #0
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 Details

Price:
$1,470,000
MLS #:
41134372
Status:
Active
Beds:
0
Baths:
0
Type:
Single Family
Subtype:
Triplex
Subdivision:
PILL HILL
Listed Date:
May 12, 2026
Lot Size:
3,962 sqft / 0.09 acres (approx)
Year Built:
1945
Pill Hill

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Schools

Interior

Appliances
GWH
Flooring
TILE, VINY
Laundry Features
DINC, WINC

Exterior

Construction Materials
STC
Parking Spots
6
Parking Total
6

Financial

Map

Community

Market Summary

Current real estate data for Single Family in Oakland as of Jun 10, 2026
456
Single Family Listed
91
Avg DOM
531
Avg $ / SqFt
$1,015,986
Avg List Price

Property Summary

    Located in the PILL HILL subdivision, 2832 Summit St Oakland CA is a Single Family for sale in Oakland, CA, 94609. It is listed for $1,470,000 and features 0 beds, 0 baths, and has approximately 0 square feet of living space, and was originally constructed in 1945. The average price per square foot for Single Family listings in Oakland is $531. The average listing price for Single Family in Oakland is $1,015,986.

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