2832 Summit St, Oakland, CA 94609
2832 Summit St, Oakland, CA 94609
2832 Summit St, Oakland, CA 94609
2832 Summit St, Oakland, CA 94609
2832 Summit St, Oakland, CA 94609
2832 Summit St, Oakland, CA 94609
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Leo Peak

Leo Peak

+1(415) 816-1469
$ 1,470,000
Est. payment | /mo

11 Beds

3,656 SqFt

Save
$ 1,470,000
Est. payment | /mo
Save

11 Beds

3,656 SqFt

Open House

Sun May 17, 2:00pm - 4:00pm

Thu May 21, 2:00pm - 4:00pm

Sat May 23, 11:00am - 1:00pm

Sun May 24, 2:00pm - 4:00pm

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Square Footage 3,656 sqft

Price per Sqft $402

Subdivision Pill Hill

MLS Listing ID 41134372

Bedrooms 11

HOA Y/N No

Year Built 1945

Lot Size 3,962 Sqft

Acres 0.09

Property Sub-Type Triplex

Property Description

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.

Location

State CA

County Alameda

Zoning CC2

Rooms

Basement None

Interior

Heating Central

Cooling No Air Conditioning

Flooring Tile, Vinyl

Fireplace No

Appliance Dryer, Washer, Gas Water Heater

Laundry In Unit

Exterior

Exterior Feature Yard Space

Utilities Available Individual Electric Meter, Master Gas Meter

Building

Lot Description Level, Paved

Sewer Public Sewer

Water Public

New Construction No

Others

Tax ID 968717

Bridge MLS
© 2026 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.
Listed by Joey Wang • Keller Williams Realty

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2832 Summit St