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 vacant, fully renovated 4BR/2BA flagship, 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
See this Listing
Schools
Interior
Appliances
GWH
Flooring
TILE, VINY
Laundry Features
DINC, WINC
Exterior
Construction Materials
STC
Parking Spots
6
Parking Total
6
Financial
Map
Community
- Address2832 Summit St Oakland CA
- SubdivisionPILL HILL
- CityOakland
- CountyAlameda
- Zip Code94609
Subdivisions in Oakland
- ALAMEDA
- ALLENDALE
- ARROYO PARK
- CENTRAL STATION-PACIFIC CANNERY LOFTS
- CLEVELAND HEIGHTS
- CLINTON
- CRESTMONT
- CROCKER HGHLANDS
- CROCKER/GLENVIEW
- DIMOND
- E OAKLAND
- EAST OAKLAND
- ELMHURST
- GLENVIEW
- HARRINGTON
- HIGHLAND PARK
- HILLER HIGHLANDS
- Hoover-Foster
- JACK LONDON
- KING ESTATES
- LAKESIDE
- LAS PALMAS
- LINCOLN HIGHLAND
- LOCKWOOD
- Longefellow
- LOWER ROCKRIDGE
- MACARTHUR
- MERRIEWOOD
- MILLMONT
- MONTCLAIR
- MOSSWOOD
- NOBE
- OAK CENTER
- OAK KNOLL
- OAKLAND
- OAKLAND HILLS
- OAKLAND ZOO
- PIEDMONT BORDER
- PRESCOTT
- Prescott South
- REDWOOD HEIGHTS
- RIDGEMONT
- ROCKRIDGE
- SAN ANTONIO
- SANTA FE
- SEQUOYAH HILLS
- TEMESCAL
- UPPER DIMOND
- UPPER LAUREL
- UPPER MILLSMONT
- UPPER ROCKRIDGE
- Uptown
- WEST OAK
- WEST OAKLAND
Market Summary
Current real estate data for Single Family in Oakland as of May 21, 2026
466
Single Family Listed
88
Avg DOM
525
Avg $ / SqFt
$1,002,048
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 $525. The average listing price for Single Family in Oakland is $1,002,048.
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2832 Summit St
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