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.
For sale
$1,470,000
2832 Summit St, Oakland, CA 94609
11beds
6baths
3,656sqft
Triplex
Built in 1945
-- sqft lot
$-- Zestimate®
$402/sqft
$-- HOA
What's special
Two unit remodelsExterior paintSix parking spacesIn-unit laundryDual-pane windows
- 64 days |
- 593 |
- 38 |
Zillow last checked:
Listing updated:
Listed by:
Joey Wang DRE #01890931 510-592-5554,
Keller Williams Realty
Source: bridgeMLS/CCAR/Bay East AOR,MLS#: 41134372
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 11
- Bathrooms: 6
Heating
- Central
Cooling
- No Air Conditioning
Appliances
- Included: Dryer, Washer, Gas Water Heater
- Laundry: In Unit
Features
- Flooring: Tile, Vinyl
- Basement: None
Interior area
- Total structure area: 3,656
- Total interior livable area: 3,656 sqft
Property
Parking
- Parking features: Parking Lot, Uncovered Parking Space, Uncovered Park Spaces 2+, Street Parking
- Has uncovered spaces: Yes
Features
- Exterior features: Yard Space
- Fencing: Partial Fence,Fenced
Lot
- Size: 3,920 Square Feet
- Features: Level, Paved
Details
- Parcel number: 968717
- Zoning: CC2
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Triplex
Materials
- Stucco
Condition
- Year built: 1945
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Individual Electric Meter, Master Gas Meter
Community & HOA
Community
- Security: Carbon Monoxide Detector(s), Smoke Detector(s)
HOA
- Has HOA: No
Location
- Region: Oakland
Financial & listing details
- Price per square foot: $402/sqft
- Tax assessed value: $1,459,150
- Date on market: 5/12/2026
- Listing terms: None
Estimated market value
Not available
Estimated sales range
Not available
$2,979/mo
Price history
| Date | Event | Price |
|---|---|---|
| 5/12/2026 | Listed for sale | $1,470,000-16%$402/sqft |
Source:  bridgeMLS/CCAR/Bay East AOR #41134372 Report a problem | ||
| 8/5/2024 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 7/26/2024 | Price change | $2,350-1.9%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 7/12/2024 | Price change | $2,395-2.2%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 6/20/2024 | Listed for rent | $2,450$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 6/17/2024 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 6/17/2024 | Price change | $2,450-9.1%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 4/19/2024 | Price change | $2,695+10%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 4/15/2024 | Listed for rent | $2,450-9.1%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 4/3/2024 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 4/2/2024 | Listed for rent | $2,695$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 4/1/2024 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 3/20/2024 | Price change | $2,695-6.9%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 3/12/2024 | Listed for rent | $2,895$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 9/26/2023 | Listing removed | -- |
Source: bridgeMLS/CCAR/Bay East AOR #41029444 Report a problem | ||
| 6/27/2023 | Price change | $1,749,000-5.4%$478/sqft |
Source: bridgeMLS/CCAR/Bay East AOR #41029444 Report a problem | ||
| 6/6/2023 | Listed for sale | $1,849,000+34.5%$506/sqft |
Source: bridgeMLS/CCAR/Bay East AOR #41029444 Report a problem | ||
| 11/12/2021 | Sold | $1,375,000$376/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $1,459,150 +2% |
| 2024 | $21,098 -5% | $1,430,550 +2% |
| 2023 | $22,217 +2.9% | $1,402,500 +2% |
| 2022 | $21,585 +267.8% | $1,375,000 +406.4% |
| 2021 | $5,869 +1.2% | $271,527 +1% |
| 2020 | $5,797 +7.8% | $268,743 +2% |
| 2019 | $5,378 -44.4% | $263,475 +2% |
| 2018 | $9,671 +110.6% | $258,309 -10.7% |
| 2017 | $4,591 +4.7% | $289,411 +16.6% |
| 2016 | $4,384 +0% | $248,280 +1.5% |
| 2015 | $4,384 | $244,552 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: Pill Hill
Nearby schools
GreatSchools rating
- 1/10Martin Luther King, Jr. Elementary SchoolGrades: K-5Distance: 1.3 mi
- 2/10Westlake Middle SchoolGrades: 6-8Distance: 0.2 mi
- 8/10Oakland Technical High SchoolGrades: 9-12Distance: 1.2 mi
- $722,9004 bd2 ba1.2k sqft2832 Summit St UNIT B, Oakland, CA 94609Off Market
- $--4 bd2 ba1.2k sqft2832 Summit St #4, Oakland, CA 94609Off Market
- $--3 bd1 ba900 sqft2832 Summit St UNIT 3, Oakland, CA 94609Off Market
- $3,8704 bd3 ba1.2k sqft2832 Summit St APT 2, Oakland, CA 94609For Rent
- $4,3004 bd2 ba1.2k sqft2832 Summit St APT 1, Oakland, CA 94609For Rent
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- $815,0004 bd3 ba2k sqft2834 Summit St, Oakland, CA 94609Sold
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A local agent can set up tours, give advice and negotiate with sellers.
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