Back to Search
Oakland Triplex in Dimond District

2550 Pleasant st Oakland, CA 94602

2550 Pleasant st, Oakland, CA, 94602
$749,000
For Sale
Claim this Listing
$749,000

MULTI_FAMILY - Oakland, CA

Property Size2,551 SF
Lot Size0.06 Acres
Price / SF$293.61
AddedMar 13
Days on Market124
Last RefreshJul 14 at 4:06 pm

Property Features for 2550 Pleasant st

General Information

Property type
Residential Multi Family
Property subtype
Other
Bedrooms
4
Bathrooms
7
Rooms
Bathroom 7, Bedroom 2, Bathroom 6, Bedroom 4, Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bathroom 5, Bedroom 1, Bedroom 3
Parking features
Off Street, Covered
Exterior features
Back Yard
Fencing
Fenced
Appliances
Dryer, Washer, Gas Water Heater
Standard status
Active
APN
026 083202300
Size
2,551 SF
Lot size
0.06 Acres

Utilities

Sewer type
Public Sewer
Heating system
Wall Furnace, Space Heater, Floor Furnace
Water source
Public

Building Details

Year built
1910
Number of units
3
Flooring type
Hardwood, Carpet, Linoleum
Building materials
Wood Siding
Roof type
Composition

Listing agent Cristina Mendoza

Listing office EXP Realty of California, Inc 2603 Camino Ramon Ste 200, San Ramon, CA

Listing date Mar 13, 2026

MLS# 41127174 Listing URL

Copyright © 2026 Bay East. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

This income-producing triplex is located in Oakland's Dimond District. The property includes three separate units: two 1-bedroom, 1-bath units and one 2-bedroom, 1-bath unit. The units feature character with large windows providing natural light, and hardwood floors in most of the lower units. A recently updated, low-maintenance backyard is suitable for outdoor activities, and includes a mature avocado tree. The property is within walking distance to the Dimond District, with access to restaurants, local shops, schools, churches, hiking trails, and regional parks. Highways 580 and 13 are easily accessible, and BART and public transportation are nearby, facilitating commutes to San Francisco and other locations. The property size is 2551 square feet, situated on a lot of 0.0586 acres. All units are tenant occupied.

Key Highlights

  • Income‑producing triplex with 3 separate tenant‑occupied units: two 1 bed / 1 bath and one 2 bed / 1 bath
  • Wood siding exterior with composition roof
  • Hardwood flooring throughout most lower units, with additional flooring types including carpet and linoleum

Local Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $87.2k $34.20
− Vacancy −$3.7k −$1.46
EGI $83.5k $32.74
− OpEx −$25.1k −$9.82
NOI $58.5k $22.92
2,551 SF · lease $34.20/SF/yr · vacancy 4.27% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$835.2K
$730.8K – $974.4K (±1% cap)
NOI $58,463 @ 7.0% cap · market cap 7.81%
Second Best
Apartment 5plus
$769.5K
$673.3K – $897.7K (±1% cap)
NOI $53,864 @ 7.0% cap · market cap 7.19%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Triplexes

Suggested Use

Real Estate Agency Law Firm Skin Care Clinic Big Box & Wholesale Store HVAC Service Auto Parts Store Bakery Furniture & Home Goods (Bike/Boat/Book/etc) Store Carpet & Flooring Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Triplex - Income-producing triplex in Oakland's vibrant Dimond District.
Where is this triplex located?
The property is located at 2550 Pleasant st Oakland, CA.
What is the asking price?
The asking price for this property is $749,000.
What are key features of this property?
This property features: Income‑producing triplex with 3 separate tenant‑occupied units: two 1 bed / 1 bath and one 2 bed / 1 bath; Wood siding exterior with composition roof; Hardwood flooring throughout most lower units, with additional flooring types including carpet and linoleum
Contact an agent
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message