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$995,000

$5,000Reward *

2004 27th ave, Oakland, CA 94601Listing ID 41108990

2004 27th ave, Oakland, CA 94601

Active

EAST OAKLAND

Time on site: 336 days • Last updated: Aug 28, 2025

Property Type

Residential Income

Property Sub Type

Acres

0.09

Days on Site

336

Cooling

None

Heating

Wall Furnace

Year Built

1920

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.

*Average of $2,150 in rewards is calculated based on the purchase or sale of a home between $400,000 to $449,000. The median home price for all housing types is in the United States is $405,400 as of 2025 as reported by the National Association of Realtors® (NAR). The actual reward amount may vary depending on the purchase or sales price of the home. Please see the Lakeview Home Rewards program terms and conditions for more details. The National Association of Realtors® is a registered trademark of the National Association of Realtors®.

Source: California Regional MLS

IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

For corrections to this data please contact Brytecore MLS Support.

BMLS-R02131550 • BMLS-MLL5085268

2004 27th ave, Oakland, CA 94601

Market Report for 94601

Property Information

Property Details

Location

Interior Features

Heating and Cooling

Building

Building Information