2832 Summit St, Oakland CA 94609

A hospital campus two blocks up the street. Every unit leased. 2832 Summit is a three-unit Pill Hill building between Broadway and Telegraph. Walk Score 97. Bus at a tenth of a mile, 19th Street BART at 0.7 mile. Unit 1 offers four bedrooms and two baths with shaker cabinetry, a farmhouse sink, a gas range, and in-unit laundry. Unit 2 has four bedrooms, two and a half baths, in-unit laundry, and a private deck. Unit 3 is a three-bedroom, one-bath on the lower level. Six tandem off-street parking spaces. Windows replaced in 2023. All three units are leased at rents in line with market. $1,395,000. $382/SF. $465,000 per unit. $140,208 annualized in-place income, 6.64% CAP. Contact the listing agent for the rent roll and disclosure package.