REQUEST A TOUR
$ 995,000
Est. payment /mo
Open Fri 12PM-1PM
2004 27th ave Oakland, CA 94601
3,750 Sqft Lot
Open House
Thu Aug 28, 1:00pm - 2:00pm
Fri Aug 29, 12:00pm - 1:00pm
UPDATED:
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Subdivision East Oakland
MLS Listing ID 41108990
HOA Y/N No
Year Built 1920
Lot Size 3,750 Sqft
Property Description
Priced at just $142,000 per unit, the offering delivers a compelling 6.08% cap rate and 9.32 GRM. The property is comprised of two separate buildings—a five-unit structure and a duplex—enclosed by a perimeter fence, providing both privacy and security for residents. Recent capital improvements include upgraded electrical subpanels throughout, ensuring modern infrastructure and reduced future maintenance costs. Interior upgrades further enhance the property's desirability, with five of the seven units featuring updated kitchens and bathrooms that appeal to today's renter preferences. Beyond current performance, the property offers investors over 30% in rental upside, creating an opportunity to drive NOI and substantially increase value over time.
Location
State CA
County Alameda
Interior
Heating Wall Furnace
Cooling None
Fireplace No
Building
Lot Description Corner Lot
Others
Tax ID 267419
Listed by Ken Wu Compass