515 28Th St Oakland, CA 94609
For Sale
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Rare value-add TRIPLEX OPPORTUNITY in Oakland's Pill Hill neighborhood. 515 28th Street offers investors, owner-users, and renovation-minded buyers the chance to reposition a multi-unit property with classic East Bay character and clear upside potential. The property can be delivered vacant, creating flexibility for renovations, and future leasing strategy. With thoughtful improvements, this triplex could become a strong long-term income asset, a compelling house-hack opportunity, or a generational hold in a central Oakland location.Pill Hill is known for its convenient access to Uptown, Downtown Oakland, Temescal, Lake Merritt, BART, Kaiser, Alta Bates/Summit medical facilities, shopping, dining, and major commuter routes. This location supports strong rental demand and offers proximity to many of the amenities tenants and owners value most. Bring your contractor, your vision, and your investment strategy. NOTE: Some AI-Enhanced Images Depicting Possible Renovation Potential Illustrative Concept Only - Buyer to Verify Existing Condition. bikeScore: 100, Biker's Paradise walkScore: 89, Very Walkable transitScore: 67, Good Transit
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.