$995,000

2004 27th Ave Oakland, CA 94601

Meadow Brook Neighborhood

Estimated payment $6,239/month

Total Views 1,951
-- Bed
-- Bath
3,688 Sq Ft
$270 Price per Sq Ft

Highlights

  • Wood Flooring
  • No HOA
  • Wall Furnace
  • Corner Lot

About This Home

Priced at just $142,000 per unit, the offering delivers a compelling 6.08% cap rate and 9.32 GRM. The property is comprised of two separate buildings—a five-unit structure and a duplex—enclosed by a perimeter fence, providing both privacy and security for residents. Recent capital improvements include upgraded electrical subpanels throughout, ensuring modern infrastructure and reduced future maintenance costs. Interior upgrades further enhance the property’s desirability, with five of the seven units featuring updated kitchens and bathrooms that appeal to today’s renter preferences. Beyond current performance, the property offers investors over 30% in rental upside, creating an opportunity to drive NOI and substantially increase value over time.

Listing Agent

Ken Wu

Compass License #02131550 Listed on: 08/21/2025

Compass

Co-Listing Agent

Tony Zizzo

License #01962093

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1920

Lot Details

  • 3,750 Sq Ft Lot
  • Corner Lot

Home Design

  • Shingle Roof

Flooring

  • Wood Flooring

Utilities

  • No Cooling
  • Wall Furnace

Community Details

  • No Home Owners Association
  • East Oakland Subdivision

Property Details

Home Type

Multi-Family

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Year Built: 1920
  • Property Sub Type: 5 or More Units
  • Prop. Type: Commercial Sale
  • Co List Office Mls Id: MLL5012166
  • Subdivision Name: East Oakland
  • Directions: Foothill Blvd
  • Garage Yn: No
  • remarks11: Here is link to access OM & Disclosures: https://forms.gle/aYWvX2eERTAcLCF19 Open House: Thursday, 8/28: 1:00-2:00 pm Friday, 8/29: 12:00-1:00 pm
  • remarks22: Ken Wu - 408-666-2585 - Priced at just $142,000 per unit, the offering delivers a compelling 6.08% cap rate and 9.32 GRM. The property is comprised of two separatebuildings—a five-unit structure and a duplex—enclosed by a perimeterfence, providing both privacy and security for residents. Recent capitalimprovements include upgraded electrical subpanels throughout,ensuring modern infrastructure and reduced future maintenance costs.Interior upgrades further enhance the property’s desirability, with fiveof the seven units featuring updated kitchens and bathrooms thatappeal to today’s renter preferences. Beyond current performance,the property offers investors over 30% in rental upside, creating anopportunity to drive NOI and substantially increase value over time.
  • Special Features: None

Interior Features

  • Flooring: Hardwood

Exterior Features

  • Roof: Shingle
  • Lot Features: Corner Lot

Garage/Parking

  • Parking Features: Off Site

Utilities

  • Heating: Wall Furnace
  • Cooling: None
  • Laundry Features: Laundry Equip - Owned
  • Cooling Y N: No
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 3750

Map

Range of Values:

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Value Increase
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Percent Increase
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/21/2025 08/21/25 For Sale $995,000 -- $270 / Sq Ft
Source: bridgeMLS

Source: bridgeMLS

MLS Number: 41108990

bridgeMLS
California Alameda County Oakland 94601 Meadow Brook

2004 27th Ave, Oakland, CA

For Sale

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

bridgeMLS Bay East 2025. CCAR 2025. bridgeMLS 2025. Information Deemed Reliable But Not Guaranteed. This information is being provided by the Bay East MLS, or CCAR MLS, or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website. This information is intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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Ken Wu
Listing Agent
Ken Wu
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Compass
(415) 825-3085