Listing provided courtesy of Joey Wang of Keller Williams Realty. Last updated 2026-06-01 08:10:19.000000. Listing information © 2026 CRMLS.

Asking Price: $1,470,000

2832 Summit St, Oakland CA 94609

Community: ​

Status: Active


This Triplex property was built in 1945 and is priced at $1,470,000. Please see the additional details below.
  • 0 Sq Ft
  • 0 bathrooms
  • 0 bedrooms
  • MLS#: 431575661
  • Type: Triplex
  • Year Built: 1945
Stabilized Oakland triplex in the heart of Pill Hill —walking distance to Kaiser Permanente, MacArthur BART, and Lake Merritt. The 2,968 SF building offers 11 bedrooms across three well-configured units: a fully renovated 4BR/2BA flagship unit delivered vacant, a remodeled 4BR/2.5BA, and a 3BR/1BA. Priced at $1,470,000 ($490K/door) with stabilized NOI of $92,858 and a 6.32% cap rate —rents already at market, zero gap to close. Over $63,000 invested since 2021, including sewer lateral compliance, dual-pane windows, two unit remodels, exterior paint, and a roof under five years old. Six parking spaces, in-unit laundry, and four electric meters. CC-2 zoning opens the door to ADU or density exploration, subject to verification. Live in the vacant flagship and collect $7,300+/month from the other two, or add a turnkey cash-flowing triplex to your portfolio. Opportunities like this don't sit long.

Call or Email AK Luxury Properties now to inquire about this property

424-345-1600