Rare value-add TRIPLEX OPPORTUNITY in Oakland's Pill Hill neighborhood. 515 28th Street offers investors, owner-users, and renovation-minded buyers the chance to reposition a multi-unit property with classic East Bay character and clear upside potential. The property can be delivered vacant, creating flexibility for renovations, and future leasing strategy. With thoughtful improvements, this triplex could become a strong long-term income asset, a compelling house-hack opportunity, or a generational hold in a central Oakland location.Pill Hill is known for its convenient access to Uptown, Downtown Oakland, Temescal, Lake Merritt, BART, Kaiser, Alta Bates/Summit medical facilities, shopping, dining, and major commuter routes. This location supports strong rental demand and offers proximity to many of the amenities tenants and owners value most. Bring your contractor, your vision, and your investment strategy. NOTE: Some AI-Enhanced Images Depicting Possible Renovation Potential Illustrative Concept Only - Buyer to Verify Existing Condition.
For sale
$789,000
515 28th St, Oakland, CA 94609
5beds
3,131sqft
Residential, Single Family Residence
Built in 1904
9,147 Square Feet Lot
$-- Zestimate®
$252/sqft
$-- HOA
What's special
Classic east bay character
- 14 days |
- 2,407 |
- 128 |
Zillow last checked:
Listing updated:
Listed by:
Robert Jones DRE #01889386 510-917-2895,
Kw Advisors East Bay
Source: CCAR,MLS#: 41137926
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
- Full bathrooms: 3
Rooms
- Room types: 1 Bedroom, 2 Bedrooms, 1 Bath, Main Entry
Kitchen
- Features: Gas Range/Cooktop, Refrigerator
Heating
- Other
Cooling
- None
Appliances
- Included: Gas Range, Refrigerator, Dryer, Washer
- Laundry: In Basement, Common Area
Features
- Flooring: Hardwood, Linoleum, Painted/Stained
- Has fireplace: No
- Fireplace features: Decorative, None, Other
Interior area
- Total structure area: 3,131
- Total interior livable area: 3,131 sqft
Property
Parking
- Total spaces: 2
- Parking features: Detached, Parking Spaces
- Garage spaces: 2
Features
- Levels: Two
- Stories: 2
- Pool features: None
Lot
- Size: 9,147 Square Feet
- Features: Level, Back Yard, Side Yard, Yard Space
Details
- Parcel number: 969051
- Special conditions: Standard
- Other equipment: None
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Craftsman,Traditional
- Property subtype: Residential, Single Family Residence
Materials
- Wood Siding
- Foundation: Raised, Concrete Perimeter
- Roof: Composition
Condition
- Existing
- New construction: No
- Year built: 1904
Utilities & green energy
- Electric: No Solar
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: Pill Hill
HOA
- Has HOA: No
Location
- Region: Oakland
Financial & listing details
- Price per square foot: $252/sqft
- Tax assessed value: $545,955
- Date on market: 6/11/2026
Estimated market value
Not available
Estimated sales range
Not available
$2,882/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/11/2026 | Listed for sale | $789,000$252/sqft |
Source:  CCAR #41137926 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $545,955 +2% |
| 2024 | $9,927 -3.4% | $535,253 +2% |
| 2023 | $10,279 +4.5% | $524,758 +2% |
| 2022 | $9,835 +7.3% | $514,470 +2% |
| 2021 | $9,167 +1.2% | $504,384 +1% |
| 2020 | $9,058 +5.8% | $499,214 +2% |
| 2019 | $8,564 +8.4% | $489,428 +2% |
| 2018 | $7,898 +115.6% | $479,832 +206.7% |
| 2017 | $3,663 +5.6% | $156,433 +2% |
| 2016 | $3,469 -10.4% | $153,366 +1.5% |
| 2015 | $3,873 | $151,063 +2% |
| 2014 | $3,873 | $148,104 +0.5% |
| 2013 | -- | $147,436 +2% |
| 2012 | -- | $144,546 +2% |
| 2011 | -- | $141,712 +0.8% |
| 2010 | -- | $140,653 -0.2% |
| 2009 | -- | $140,988 +2% |
| 2008 | -- | $138,224 +2% |
| 2007 | -- | $135,515 +2% |
| 2006 | -- | $132,857 +2% |
| 2005 | -- | $130,252 +2% |
| 2004 | -- | $127,700 +1.9% |
| 2003 | -- | $125,360 +2% |
| 2002 | -- | $122,902 +2% |
| 2001 | $2,292 | $120,492 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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Climate risks
Neighborhood: Pill Hill
Nearby schools
GreatSchools rating
- 1/10Martin Luther King, Jr. Elementary SchoolGrades: K-5Distance: 1.1 mi
- 2/10Westlake Middle SchoolGrades: 6-8Distance: 0.4 mi
- 8/10Oakland Technical High SchoolGrades: 9-12Distance: 1.3 mi
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