Under contract

1364 E 27th St, Oakland, CA 94606

Beds
9
Sqft
3,252

View property features, location on map, relevant school information and overview from seller's agent.

Listed byKidder Mathews
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Overview

1364 East 27th Street is a meticulously renovated six-unit multifamily community situated in the heart of Oakland's Highland Park. This asset represents a rare turn-key opportunity for investors seeking immediate cash flow or owner-users looking for a primary residence that pays for itself. Originally constructed in 1922, the property has undergone significant improvements. The centerpiece is a newly completed (2025) detached 2BR/1BA ADU, featuring high-end condo finishes and private ingress/egress, and air-conditioning. The main building comprises three spacious 2BR/1BA units and two 1BR/1BA units, nearly all of which have seen significant interior upgrades including new flooring, updated bathrooms, modern cabinetry, and dishwashers in select unitswithin the last three years. Recent capital expenditures have stripped away the heavy lifting typically associated with East Bay assets. Within the last six months, the property has received a fresh exterior paint scheme, new concrete walkways, upgraded main electrical panels and sub-panels, and secure perimeter fencing. With two units currently vacant, including the luxury ADU, the property offers the ultimate flexibility: achieve a 8.35% Cap Rate from day one or occupy the ADU as a premium owner-user suite while the remaining units subsidize your mortgage.

Location

Full feature list

Basic info

Property type
Multi-family
Number of stories
3
Number of bedrooms
9
Square feet
3,252
Lot size (acres)
0.10
Year built
1922

Interior features

Basement
Yes

Utilities

Heating
Wall Furnace
Cooling
Zoned, Wall Units, Ceiling Fans

Public schools

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Sourced from: San Francisco Association of REALTORS MLS MLS®#: 426127723 Last checked:

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