$1,100,000
About this home
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.
Facts & features
- Bathrooms
- 0
- Appliances
- Gas Water Heater
- Heating
- Wall Furnace
- Cooling
- None
- Lot size
- 0.194 acres (8,450 sq ft)
- Year built
- 1961
- Parking spaces
- 12
- County
- Alameda
- Status
- Active
- Property type
- Apartment
- Days on market
- 7
- Listed
- 2026-07-17
- Parcel #
- 267855
- MLS #
- 41142094