
2004 27th Ave Oakland, CA 94601
Meadow Brook NeighborhoodEstimated payment $6,374/month
Highlights
- Wood Flooring
- No HOA
- Wall Furnace
- Corner Lot
About This Home
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.
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1920
Lot Details
- 3,750 Sq Ft Lot
- Corner Lot
Home Design
- Shingle Roof
Flooring
- Wood Flooring
Utilities
- No Cooling
- Wall Furnace
Community Details
- No Home Owners Association
- East Oakland Subdivision
Map
Home Values in the Area
Average Home Value in this Area
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
08/21/2025 08/21/25 | For Sale | $995,000 | -- | $270 / Sq Ft |
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