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$995,000
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Property Description
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.
Full Property Details
Full Property Details for 2004 27th Ave
General
- Price: $995,000
- Status: Active
- Type: Commercial Residential Facility
- Source: MAX
- MLS ID: 41108990
- Updated: 8/27/2025
- Added to Site: 148 day(s) ago
Interior
- Flooring: Hardwood
Rooms
Other Rooms
- Laundry: Laundry Equip - Owned
Parking
- Parking Features: Off Site
Location
- Area: Listing
- County: Alameda
- Subdivision: East Oakland
- Driving Directions: Foothill Blvd
Heating & Cooling
- Cooling Type: None
- Heating Type: Wall Furnace
Utilities
- Sewer: Public Sewer
Structural Information
- Roof: Shingle
- Year Built: 1920
Lot Features
- Lot Size (Acres): 0.08
- Lot Dimensions: 3750
- Lot Features: Corner Lot
Financial Considerations
- For Sale: Yes
- Price Per Sq. Ft.: $270
- Terms: Other
Listed by Compass, Ken Wu and Compass, Tony Zizzo
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Schools
Schools serving 2004 27th Ave
School District:Oakland Unified School District
| Name | Grades | Distance |
|---|---|---|
Manzanita Seed 2409 East 27th Street, Oakland, CA 94601 | K-5 | 0.5 mi |
Urban Promise Academy 3031 East 18th Street, Oakland, CA 94601 | 6-8 | 0.3 mi |
United For Success Academy 2101 35th Avenue, Oakland, CA 94601 | 6-8 | 0.5 mi |
Fremont High 4610 Foothill Boulevard, Oakland, CA 94601 | 9-12 | 1.2 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 2004 27th Ave
Date
Details
Price
Change
Source
8/21/2025
Listed
$995,000
-0.5%
MLS
10/02/2020
Sold
$1,000,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 2004 27th Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$18,830
4%
$1,080,255
2%
2024
$18,070
-4%
$1,059,077
2%
2023
$18,813
4%
$1,038,319
2%
2022
$18,051
7%
$1,017,960
2%
2021
$16,896
67%
$998,000
96%
2020
$10,136
8%
$509,984
2%
2019
$9,408
2%
$498,126
2%
2018
$9,210
1%
$488,363
2%
2017
$9,155
3%
$478,788
2%
2016
$8,863
29%
$469,400
47%
2015
$6,878
—
$319,704
2%
2014
$6,854
-9%
$313,441
—
2013
$7,524
—
$312,027
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 2004 27th Ave
2004 27th Ave, Oakland, CA 94601 (MLS# 41108990) is a Commercial Residential Facility property. 2004 27th Ave is currently listed for $995,000 and was received on August 21, 2025. Want to learn more about 2004 27th Ave? Do you have questions about finding other Commercial Residential Facility real estate for sale in Oakland? You can browse all Oakland real estate or contact a Coldwell Banker agent to request more information.

