About 2529 E 27th St
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.
Features of 2529 E 27th St
| MLS® # | 41142094 |
|---|---|
| Price | $1,100,000 |
| Square Footage | 4,620 |
| Acres | 0.19 |
| Year Built | 1961 |
| Type | COMM RI MULTI-UNITS 5+ |
| Sub-Type | Apt Complex |
| Status | Active |
Community Information
| Address | 2529 E 27th St |
|---|---|
| Subdivision | FOOTHILL |
| City | Oakland |
| County | Alameda |
| State | CA |
| Zip Code | 94601 |
Amenities
| Utilities | Individual Electric Meter |
|---|---|
| Parking | Parking Lot, Space Per Unit - 2, Uncovered Parking Space, Uncovered Park Spaces 2+ |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Appliances | Gas Water Heater |
|---|---|
| Heating | Wall Furnace |
| Cooling | None |
| Fireplace | No |
Exterior
| Lot Description | Level, Paved |
|---|---|
| Roof | Shingle |
| Construction | Stucco, Wood Siding |
Additional Information
| Date Listed | July 17th, 2026 |
|---|---|
| Zoning | RM-2 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Agent | Joey Wang |
|---|---|
| Office | Keller Williams Realty |