CA > Oakland > East Oakland
Oakland, CA 94601,2004 27th ave
Oakland, CA 94601,2004 27th ave
Oakland, CA 94601,2004 27th ave
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John Herkenrath

John Herkenrath

+1(310) 221-2910
$995,000
Est. payment /mo
3,750 Sqft Lot
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UPDATED:

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Subdivision East Oakland

MLS Listing ID 41108990

HOA Y/N No

Year Built 1920

Lot Size 3,750 Sqft

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.

Location

State CA

County Alameda

Interior

Heating Wall Furnace

Cooling None

Fireplace No

Building

Lot Description Corner Lot

Others

Tax ID 267419

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CRMLS – RECore
Listed by Ken Wu Compass
John Herkenrath

"John takes great pride in helping his clients through every step of the buying and selling process. Leveraging two decades of experience in pre-construction, new home sales and market sales exclusive representation. his vast knowledge in brokering home sales within luxury communities and new developments has proven invaluable to his clients."

+1(310) 221-2910

johnherkenrath@epiquerealty.com

8383 Wilshire Blvd #800 Beverly Hills CA 90211

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