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Glen Riggs

glen@glenriggs.com +1(925) 216-8151

Listed by Joey Wang • Keller Williams Realty

$ 1,470,000

Est. payment | -/mo

3,656 SqFt

Save

$ 1,470,000

Est. payment | -/mo

Save

3,656 SqFt

Open House

Sun May 17, 2:00pm - 4:00pm

Thu May 21, 2:00pm - 4:00pm

Sat May 23, 11:00am - 1:00pm

Sun May 24, 2:00pm - 4:00pm

Sat May 16, 11:00am - 1:00pm

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Square Footage 3,656 sqft

Price per Sqft $402

Subdivision Pill Hill

MLS Listing ID 41134372

HOA Y/N No

Year Built 1945

Lot Size 3,962 Sqft

Property Sub-Type Triplex

Source Bridge AOR

Property 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 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.

Location

State CA

County Alameda

Interior

Heating Central

Cooling No Air Conditioning

Flooring Tile, Vinyl

Fireplace No

Appliance Dishwasher, Dryer, Washer, Gas Water Heater

Laundry In Unit

Building

Lot Description Level, Paved

Water Public

Others

Special Listing Condition Standard

© 2026 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.

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Glen Riggs

REALTOR® | Lic# CA DRE 02161397

glen@glenriggs.com

+1(925) 216-8151

2603 Camino Ramon Suite 200, San Ramon CA 94583

2832 Summit St Oakland, CA 94609

Glen Riggs

Open House

Key Details

Location

Interior

Building

Others

2832 Summit St