# 2832 Summit St, Oakland, CA 94609

> **TL;DR:** 11bd/0ba residential multi family, $1,470,000 ($402/sqft), built 1945, 3,656 sqft.
> A/C. Est. $6,370/mo. Listed 20 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $1,470,000 |
| Price/sqft | $402 |
| Bedrooms | 11 |
| Square Feet | 3,656 |
| Year Built | 1945 |
| Lot Size | 3,964 sqft (0.09 acres) |
| Property Type | Residential Multi Family (Other) |
| Status | For Sale |
| Days on Market | 20 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $6,370 |
| **Total** | **$6,370** |

## Key Amenities

- A/C

## Property Highlights

- Built in 1945
- 0.09 acre lot

## Description

### Agent 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.

## Location

- **Address:** 2832 Summit St, Oakland, CA 94609
- **County:** Alameda
- **Neighborhood:** PILL HILL
- **Coordinates:** 37.817239, -122.264548
- **Google Maps:** https://www.google.com/maps?q=37.817239,-122.264548

## Listing Agent

- **Name:** Joey Wang
- **Brokerage:** Keller Williams Realty
- **Phone:** 5105925554
- **Email:** joey.wang@loremultifamily.com

## Primary Photo

![2832 Summit St - Primary Photo](http://lh.rdcpix.com/125246698861ff8a6eae994b7dd59b52l-f679304434r.jpg)

*20 total photos available on [listing page](https://www.propertysimple.com/listing/2832-summit-st-oakland-ca-94609-41134372)*

---

**MLS#:** 41134372 | **Updated:** 2026-06-17
**Source:** listhub

*Copyright © 2026 bridgeMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.com/listing/2832-summit-st-oakland-ca-94609-41134372)

---

## Structured Data

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