2529 E 27Th St

Property Overview
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.
Home Details
- Property type
- ResidentialIncome - Apartment
- Year built
- 1961
- Lot size
- 8,450 sq ft
- Parking
- 12 spaces
- Days on market
- 0
- MLS status
- Active
- Zoning
- RM-2
Features & Amenities
Appliances
- Gas Water Heater
Lot
- Street Level
Community, Schools & Utilities
Community
- Subdivision
- FOOTHILL
Utilities
- Heating
- WallFurnace
- Cooling
- None
Location & Neighborhood
Frequently Asked Questions
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Listing Agent

