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$1,470,000

  • For Sale
  • Active
  • Triplex
  • Updated 5 days ago
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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.

Full Property Details for 2832 Summit St

General

  • Price: $1,470,000
  • Status: Active
  • Type: Triplex
  • Source: MAX
  • MLS ID: 41134372
  • Updated: 5/20/2026
  • Added to Site: 14 day(s) ago

Interior

  • Appliances: Dishwasher, Dryer, Washer, Gas Water Heater
  • Flooring: Tile, Vinyl

Rooms

Other Rooms

  • Laundry: In Unit

Exterior

  • Exterior Features: Yard Space

Parking

  • Parking Features: Parking Lot, Uncovered Parking Space, Uncovered Park Spaces 2+, Street Parking

Location

  • Area: Listing
  • County: Alameda
  • Subdivision: Pill Hill
  • Driving Directions: From I-580, take the Grand Ave exit, head uphill on Grand, then turn onto Summit St.

Heating & Cooling

  • Cooling Type: No Air Conditioning
  • Heating Type: Central

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • Utility Description: Individual Electric Meter, Master Gas Meter

Structural Information

  • Exterior Const.: Stucco
  • Roof: Flat
  • Year Built: 1945

Lot Features

  • Lot Size (Acres): 0.09
  • Lot Dimensions: 3962
  • Lot Features: Level, Paved
  • Fencing (Description): Partial Fence, Fenced

Financial Considerations

  • For Sale: Yes
  • Price Per Sq. Ft.: $402

Disclosures and Reports

  • Property ID: 968717

Listed by Keller Williams Realty, Joey Wang

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Listing agent

— 2832 Summit St —

  • Joey Wang

    Keller Williams Realty

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 2832 Summit St

School District:Oakland Unified School District
NameGradesDistance
Westlake Middle School
2629 Harrison St., Oakland, CA 94612
6-80.3 mi
Oakland Technical High School
4351 BRd.way, Oakland, CA 94611
9-121.2 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 2832 Summit St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
5/12/2026
Listed
$1,470,000
6.91%
MLS
11/03/2021
Sold
$1,375,000
—
Public Record
Get Price Alerts and Save Property
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 for 2832 Summit St

Year
Property Taxes
Change
Tax Assessment
Change
2025
$21,943
4%
$1,459,150
2%
2024
$21,098
-5%
$1,430,550
2%
2023
$22,217
3%
$1,402,500
2%
2022
$21,585
268%
$1,375,000
406%
2021
$5,869
1%
$271,527
1%
2020
$5,797
8%
$268,743
2%
2019
$5,378
13%
$263,475
2%
2018
$4,764
-6%
$258,309
2%
2017
$5,079
16%
$253,246
2%
2016
$4,384
1%
$248,280
2%
2015
$4,357
-1%
$244,552
2%
2014
$4,384
-32%
$239,762
—
2013
$6,484
—
$238,679
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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*These costs are estimates, and the interest rates assume exceptional credit standing.

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with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Listed by Keller Williams Realty, Joey Wang

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2832 Summit St, Oakland, CA 94609 (MLS# 41134372) is a Triplex property with 0 bedrooms and 0 full bathrooms. 2832 Summit St is currently listed for $1,470,000 and was received on May 12, 2026. Want to learn more about 2832 Summit St? Do you have questions about finding other Triplex real estate for sale in Oakland? You can browse all Oakland real estate or contact a Coldwell Banker agent to request more information.

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