Listing provided courtesy of Ken Wu of Compass. Last updated 2025-08-24 08:11:30.000000. Listing information © 2025 Sandicor.
Asking Price: $995,000 |
2004 27th ave, Oakland CA 94601
Community:
This property was built in 1920 and is priced at $995,000. Please see the additional details below.
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.