1. California
2. Oakland
3. 2004 27th ave

2004 27th ave, Oakland, CA 94601

• 3,688 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.

Listing Status:

Active

Date Added:

August 21, 2025 at 05:00AM

Listing Office:

Compass : 415-929-7100

Listing Agent:

Ken Wu : 408-666-2585

MLS ID:

41108990

Interior

• Laundry: Laundry Equip - Owned
• Basement: None
• Flooring: Hardwood
• A/C: None
• Heating: Wall Furnace

Exterior

• Parking: Off Site

Location

• County: Alameda

This listing courtesy of Ken Wu, Compass