2529 E 27th St, Oakland, California 94601
- $1,100,000
Overview
Property ID: 41142094
- Apartment, Residential Income
- 1961
Description
Six-Unit East Oakland Value-Add at a 7% Cap. 2529 E 27th St delivers six 2BR/1BA units near Highland Hospital and the I-580/I-880 freeways. Priced at $1, 100, 000 — $183K per unit, $246/SF — on $142, 000 in current income. Rents sit 29% below market, with upside captured on turnover under Oakland rent rules and a path to a 10% cap at market. Twelve parking spaces, on-site storage income, and individually metered gas and electric anchor the operations. Unit 3 adds a bonus flex room. Strong cashflow now, with a clear runway to more — built for an investor ready to act.
Address
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Address: 2529 E 27Th St
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City: Oakland
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State/county: CA
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Zip/Postal Code: 94601
Details
Updated on July 17, 2026 at 11:59 pm-
Property ID 41142094
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Price $1,100,000
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Land Area 0.194 Acres
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Year Built 1961
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Property Type Apartment, Residential Income
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Property Status Active
Additional details
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Roof Shingle
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Cooling None
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Heating Wall Furnace
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County Alameda
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Property Type Residential Income
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