Oakland Triplex Near Pill
2832 Summit St, Oakland, CA 94609
New
MULTI_FAMILY - Oakland, CA
Property size:
3,656 SFLot size:
0.09 AcresPrice / SF:
$402/SF- Added:
- May 12, 2026
- Days on Market:
- 1
- Last Refresh:
- May 12 at 5:06 pm
Property Features for 2832 Summit St
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- CC2
- Bedrooms
- 11
- Rooms
- Bedroom 7, Bedroom 3, Bedroom 5, Bedroom 10, Bedroom 9, Bedroom 1, Bedroom 4, Bedroom 2, Bedroom 11, Bedroom 8, Bedroom 6
- Parking features
- Covered, Parking Lot
- Exterior features
- Yard Space
- Fencing
- Partial, Fenced
- Appliances
- Dryer, Washer, Gas Water Heater
- Standard status
- Active
- APN
- 968717
- Size
- 3,656 SF
- Lot size
- 0.09 Acres
Utilities
- Sewer type
- Public Sewer
- Heating system
- Central
- Water source
- Public
Building Details
- Year built
- 1945
- Flooring type
- Vinyl, Tile
- Building materials
- Stucco
Listing agent Joey Wang (510) 592-5554
Listing office Keller Williams Realty 201 N Civic Drive, Suite 130, Walnut Creek, CA (925) 934-2900
Listing date May 12, 2026
MLS# 41134372
Listing URL
Copyright © 2026 bridgeMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Vacant, fully renovated 4BR/2BA flagship unit perfect for owner‑occupancy or immediate rental income.
- Stabilized 6.32% cap rate with $92,858 NOI and rents already at market value.
- Prime Pill Hill location: walking distance to Kaiser Permanente, MacArthur BART, and Lake Merritt.
- Two units already remodeled, plus significant capital improvements made since 2021 (over $63,000 invested).
- In‑unit laundry, six parking spaces, and four electric meters provide convenience and value.
- CC‑2 zoning allows for potential ADU development or increased density (subject to verification).
Overview
This stabilized Oakland triplex is located in the Pill Hill neighborhood, within walking distance of Kaiser Permanente, MacArthur BART, and Lake Merritt. The 2,968 square foot building contains 11 bedrooms across three units. These include a vacant, fully renovated four-bedroom, two-bathroom unit; a remodeled four-bedroom, two-and-a-half-bathroom unit; and a three-bedroom, one-bathroom unit. The property has a stabilized net operating income of $92,858 and a 6.32% cap rate. Over $63,000 has been invested since 2021, including sewer lateral compliance, dual-pane windows, two unit remodels, exterior paint, and a roof under five years old. The property includes six parking spaces, in-unit laundry, and four electric meters. The CC-2 zoning allows for potential ADU or density exploration, subject to verification. The property is situated on a lot of 0.091 acres. The building size is 3,656 square feet. The property is intended for multi-family residential use.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Triplexes
Location Insight
- Map
- Local Demand
- City
- Oakland
- County
- Alameda
- State
- California
- Longitude
- -122.264548
- Latitude
- 37.817239
Nearby Similar for Sale
FAQs
What type of property is this?
Triplex - Stabilized triplex near Kaiser, BART, and Lake Merritt.
Where is this triplex located?
The property is located at 2832 Summit St Oakland, CA.
What is the asking price?
The asking price for this property is $1,470,000.
What are key features of this property?
This property features: Vacant, fully renovated 4BR/2BA flagship unit perfect for owner‑occupancy or immediate rental income.; Stabilized 6.32% cap rate with $92,858 NOI and rents already at market value.; Prime Pill Hill location: walking distance to Kaiser Permanente, MacArthur BART, and Lake Merritt.
