Six-Unit East Oakland Value-Add at a 7% Cap. 2529 E 27th St delivers six 2BR/1BA units near Highland Hospital and the I-580/I-880 freeways. Priced at $1,100,000 — $183K per unit, $246/SF — on $142,000 in current income. Rents sit 29% below market, with upside captured on turnover under Oakland rent rules and a path to a 10% cap at market. Twelve parking spaces, on-site storage income, and individually metered gas and electric anchor the operations. Unit 3 adds a bonus flex room. Strong cashflow now, with a clear runway to more — built for an investor ready to act.
Multi-familyProperty Type
1961Year Built
8,450 sq ftLot Size
$238Price/Sq.Ft.
Listed by Joey Wang•DRE #01890931• Keller Williams Realty
Meadow Brook, located between the Oakland Zoo and Knowland Park, is a hillside and residential Oakland neighborhood with winding streets and broad canyon views. The neighborhood reads as mid-century ranch homes and contemporary rebuilds set among oaks and eucalyptus. The character concentrates around the Golf Links Road corridor by the Oakland Zoo entrance, where trailhead energy, school drop-offs, and weekend traffic set a steady rhythm. Knowland Park’s paths and the Chabot Space & Science Center add an outdoors-and-science backdrop to daily routines. King Estates Open Space and the nearby Sequoyah Country Club keep the landscape feeling expansive. I-580 and the Eastmont area sit close by for cross-town connections.
Provided by Walk Score and Local Logic
Property details
Interior
Exterior
Finance
Interior features
Gas water heater
Coin-operated laundry on site
Tile and vinyl flooring throughout
Bedrooms
Six 2-bedroom units
Bathrooms
Six 1-bathroom units
Laundry & utility
Coin-operated laundry
Individual electric meters
Separate electric meter
Flooring
Tile flooring
Vinyl flooring
Heating & cooling
Wall furnaces (heating present)
Exterior features
Balcony or patio areas
Level, paved lot
Home design
Apartment complex (multi-unit property, 5+ units)
Built in 1961
Parking
Parking lot with a total of 12 parking spaces
Approximately 2 uncovered spaces per unit
Uncovered parking
Construction
Stucco and wood siding exterior
Shingle roof
Utilities
Public water
Public sewer
Other
Zoning: RM-2
Electricity and solar
View estimated energy costs and solar savings for this home
bridgeMLS, Bay East AOR, or Contra Costa AOR #41142094
Jul 17, 2026
Listed
$1,100,000
$238/sq ft
bridgeMLS, Bay East AOR, or Contra Costa AOR #40127538
Jan 29, 2018
Listing Removed
—
bridgeMLS, Bay East AOR, or Contra Costa AOR #40137772
Jan 29, 2018
Listing Removed
—
bridgeMLS, Bay East AOR, or Contra Costa AOR #40143424
Jan 29, 2018
Listing Removed
—
bridgeMLS, Bay East AOR, or Contra Costa AOR #40173968
Sep 12, 2006
Sold
$775,000
$168/sq ft
Jun 12, 2006
Listing Removed
—
Jun 5, 2006
Listed
$775,000
$168/sq ft
bridgeMLS, Bay East AOR, or Contra Costa AOR #40066818
Jun 22, 2005
Sold
$775,000
$168/sq ft
Apr 18, 2005
Listing Removed
—
Mar 6, 2005
Listed
$799,000
$173/sq ft
bridgeMLS, Bay East AOR, or Contra Costa AOR #40068653
Jun 22, 2005
Sold
$775,000
$168/sq ft
Mar 6, 2005
Listed
$799,000
$173/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$19,142 (+4.5%)
$310,805 + $725,838
$1,036,643
2024
$18,313 (−3.6%)
$310,805 + $725,838
$1,036,643
2023
$18,987 (+4.7%)
$304,713 + $711,610
$1,016,323
2022
$18,127 (+7.8%)
$292,883 + $683,984
$976,867
2021
$16,814 (+1.0%)
$292,883 + $683,984
$976,867
2020
$16,651 (+6.2%)
$287,141 + $670,575
$957,716
2019
$15,684 (+2.2%)
$284,197 + $663,699
$947,896
2018
$15,347 (+5.3%)
$278,627 + $650,690
$929,317
2017
$14,571 (+9.6%)
$267,811 + $625,432
$893,243
2016
$13,293 (+5.8%)
$267,811 + $625,432
$893,243
2015
$12,561 (−2.2%)
$243,000 + $567,000
$810,000
2014
$12,840 (+12.2%)
$200,000 + $520,000
$720,000
2013
$11,448 (+9.4%)
$200,000 + $520,000
$720,000
2012
$10,465 (−2.9%)
$150,000 + $480,000
$630,000
2011
$10,776 (+8.0%)
$200,000 + $380,000
$580,000
2010
$9,977 (−11.9%)
$210,000 + $370,000
$580,000
2009
$11,327 (−10.3%)
$175,000 + $405,000
$580,000
2008
$12,627
$175,000 + $475,000
$650,000
Public record
Public record
Zoning
Permits
Beds
12
Baths
6
Stories
2
Lot width
—
Lot depth
—
Lot size
8,450 Sq. Ft.
Year renovated
1961
Finished Sq. Ft.
4,620
Unfinished Sq. Ft.
—
Total Sq. Ft.
4,620
Year built
1961
Style
Multi-Family (5+ Unit)
County
Alameda County
APN
026 078500500
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 27, 2026.
RM-3
S-13
Mixed Housing Type Residential - 3 Zone
The intent of the RM-3 Zone is to create, maintain, and enhance residential areas characterized by a mix of single family homes, duplexes, townhouses, small multi-unit buildings at somewhat higher densities than in RM-2, and neighborhood businesses where appropriate.
Zone overlays
Affordable Housing Combining Zone Regulations
Permitted uses
Include but are not limited to:
Housing-Group
Housing-Single unit
Housing-Multiple units
Fire house
Police station
Jan 19, 2014 • Final
B) - building alteration - 3+ residential units or commercial (building)
Repair fire damage to a residential unit.
Remodel
Jan 19, 2014 • Final
Non-residential building - addition
Construct a new storage room on top of an existing first floor storage room at an apartment building.
Addition
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
3/10 Heat Factor
7 days above 84° expected this year, 15 days in 30 years
1/10 Wind Factor
Minimal risk of severe winds over next 30 years
8/10 Air Factor
14 unhealthy days expected this year, 14 days in 30 years
Provided by First Street
Historical weather
Oakland, CA • 94601
Average low and high temperatures (°F)
61
46
62
47
69
50
66
51
70
53
69
54
70
56
75
58
75
59
74
57
64
50
59
47
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
84/ 100
Very good sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
9.1 hrs
6.3 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 2529 E 27th St
There isn’t enough information to generate an accurate estimate at this time. Learn More