$1,470,000
OPEN THU 2PM - 4PM

2832 Summit St Oakland, CA 94609

Pill Hill Neighborhood

Estimated payment $9,606/month

11 Beds
3 Baths
3,656 Sq Ft
$402 Price per Sq Ft

Highlights

  • No HOA
  • Tile Flooring
  • Partially Fenced Property
  • Oakland Technical High School Rated A
  • Central Heating
  • Paved or Partially Paved Lot

About This Home

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 vacant, fully renovated 4BR/2BA flagship, 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.

Listing Agent

Joey Wang

Keller Williams Realty License #01890931 Listed on: 05/12/2026

Keller Williams Realty

Open House Schedule

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1945

Lot Details

  • 3,962 Sq Ft Lot
  • Partially Fenced Property
  • Paved or Partially Paved Lot
  • Level Lot

Home Design

  • 3,656 Sq Ft Home
  • Triplex
  • Stucco

Flooring

  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 11 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 2 Parking Spaces
  • On-Street Parking
  • Uncovered Parking
  • Parking Lot

Utilities

  • Central Heating
  • Separate Meters
  • Master Gas Meter
  • Gas Water Heater

Community Details

  • No Home Owners Association
  • Bridge Aor Association
  • Pill Hill Subdivision

Listing and Financial Details

  • Tax Tract Number 4013

Property Details

Home Type

Multi-Family

Year Built

Built in 1945

Lot Details

3,962 Sq Ft Lot

Listing Details

  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Fencing: Partial Fence, Fenced
  • Lot Features: Level, Paved
  • LotSizeAcres: 0.09
  • Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Has HOA?: No
  • Co List Office Mls Id: OBBKWR
  • Special Conditions: Standard
  • Subdivision Name: PILL HILL
  • Basement: None
  • Has Basement?: No
  • Has Cooling?: Yes
  • Living Area: 3656
  • Year Built: 1945
  • Special Features: OpenHouse

Interior Features

  • Appliances: Dryer, Washer, Gas Water Heater
  • Total Bedrooms: 11
  • Flooring: Tile, Vinyl

Exterior Features

  • Construction Type: Stucco
  • Exterior Features: Yard Space

Garage/Parking

  • Has Attached Garage?: No
  • Has Carport?: No
  • Has Attached Garage?: No
  • Parking Features: Parking Lot, Uncovered Parking Space, Uncovered Park Spaces 2+, Street Parking

Utilities

  • Laundry Features: In Unit
  • Cooling: No Air Conditioning
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Individual Electric Meter, Master Gas Meter
  • Water Source: Public

Condo/Co-op/Association

  • Association Name: Bridge AOR

Lot Info

  • Lot Size Sq Ft: 3962
  • Zoning: CC2

Tax Info

  • Tax Tract: 4013.00

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $21,098 $1,459,150 $437,745 $1,021,405
2024 $21,098 $1,430,550 $429,165 $1,001,385
2023 $22,217 $1,402,500 $420,750 $981,750
2022 $21,585 $1,375,000 $412,500 $962,500
2021 $5,869 $271,527 $119,472 $152,055
2020 $5,797 $268,743 $118,247 $150,496
2019 $5,378 $263,475 $115,929 $147,546
2018 $4,764 $258,309 $113,656 $144,653
2017 $5,079 $289,411 $111,428 $177,983
2016 $4,384 $248,280 $109,243 $139,037
2015 $4,357 $244,552 $107,603 $136,949
2014 $4,384 $239,762 $105,495 $134,267
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/12/2026 05/12/26 For Sale $1,470,000 -- $402 / Sq Ft
Source: bridgeMLS

Purchase History

Date Type Sale Price Title Company
Grant Deed $1,375,000 Chicago Title Company
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,031,250 New Conventional
Source: Public Records

Source: bridgeMLS

MLS Number: 41134372

bridgeMLS

APN: 009-0687-017-00

California Alameda County Oakland 94609 Pill Hill

2832 Summit St, Oakland, CA

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 2026. CCAR 2026. bridgeMLS 2026. 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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Joey Wang
Listing Agent
Joey Wang
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Keller Williams Realty
(510) 592-5554
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