2832 Summit St
Oakland, CA 94609
11
Bed
6
Bath
3,962Sqft(Lot)
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 oth
Property Details
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Map
What's Nearby
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Features
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Bathroom Information
Total Baths: 0 -
Interior Features
Property Appliances: Gas Water Heater,Dryer,Washer Flooring: Tile,Vinyl -
Cooling Features
Air ConditioningHeating Source
Has Heating
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Building Information
Year Built: 1945 Construction: Stucco
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Lot Details
Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 0.091 -
Lot Size Source: Public Records Lot Size Square Feet: 3962
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Listing Price Information
Original List Price: 1,470,000 Listing Contract Date: 2026-05-12
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Tax Information
Parcel Number: 968717
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Other Property Info
Source Listing Status: Active Source Neighborhood: Directions: Cross Street: 29th St. Zoning: CC2 Source Property Type: Residential Income Property SubType: Triplex -
Building and Construction
Property Age: 81 Structure Type: Triplex Year Built Source: Vendor Enhanced
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 5659 Telegraph Ave, Oakland, CA, 94609 | $1,100,000 | 6 | 4 | -- | |
| Whitney Street, Oakland, CA, 94609 | $1,650,000 | -- | -- | -- | |
| 5812 Dover St, Oakland, CA, 94609 | $849,000 | 3 | 2 | -- | |
| Residential Income, Oakland, CA, 94609 | $1,299,999 | 4 | -- | 1,400 | 1,400 SqFt |
| 662 45th St, Oakland, CA, 94609 | $1,199,000 | -- | -- | -- | |
| 646 42nd St, Oakland, CA, 94609 | $1,200,000 | 4 | 4 | -- | |
| 3867 Martin Luther King.., Oakland, CA, 94609 | $1,025,000 | 6 | 2 | 2,823 | 2,823 SqFt |
| 3837 Martin Luther King.., Oakland, CA, 94609 | $1,200,000 | 5 | 4 | 4,209 | 4,209 SqFt |
| 3869 Martin Luther King.., Oakland, CA, 94609 | $1,025,000 | 7 | 2 | 2,697 | 2,697 SqFt |
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ByOwner last updated this listing 06/08/2026 @ 22:29
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