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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.
Property Type(s):
Residential Income
| Last Updated | 7/17/2026 | Tract | FOOTHILL |
|---|---|---|---|
| Year Built | 1961 | County | Alameda |
Additional Details
| AIR | None |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Gas Water Heater |
| CONSTRUCTION | Stucco, Wood Siding |
| HEAT | Wall Furnace |
| LOT | 8451 sq ft |
| LOT DIMENSIONS | 8450 |
| SUBDIVISION | FOOTHILL |
Location
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Listed with Keller Williams Realty
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