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2832 Summit St
For Sale $1,470,000
$1,470,000
- Unknown Bedrooms
- Unknown Bathrooms
- Unknown Sq Ft
- 3,962 Sq Ft
Description
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.
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Amenities
Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt
Property Details
| List Price | $1,470,000 |
| Property Type | Triplex (3-units) |
| Usable Sqft | Unknown |
| Number of Stories | 0 stories |
| Parking Spots | 6 spots |
| Year Built | 1945 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| HOA Fees: | $0 |
| Association Name: | Unknown |
| Association Amenities: | Unknown |
| APN # | 968717 |
| MLS # | 41134372 |
| Property ID | 320029887 |
| Lot Sqft | 3,962 |
| Zoning | CC2 |
| Total Units | 3 |
| Days on Market | 15 |
| Original List Price | $1,470,000 |
| Applicances | Gas Water Heater,Dryer,Washer% |
| Date Updated | May 20, 2026 |
| Date Created | May 12, 2026 |
Listing Provided By
Joey Wang an agent of . Lic #01890931
© 2026 CRMLS. All rights reserved. Some listings on this website are from CRMLS as of May 20, 2026 The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Robert Crawford
REAL ESTATE AGENT