2004 27th Ave

$995,000
Price
Beds
Baths
3,688 Sq. Ft.
$270 / Sq. Ft.
3,688
Sq. Ft.
$270
per Sq. Ft.

Description

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...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 for 2004 27th Avenue

City
OAKLAND
Dist Neighborhood Subdiv
EAST OAKLAND
Building Type
5 or More Units
Property Sub Type
5 or More Units
Garage/Parking
Off-Site Parking
Total # Parking Spaces
0
LISTING UPDATED: 08/28/2025 01:26 AM

Property Details for 2004 27th Avenue

StatusActive
MLS #41108990
Days on Compass114
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS Type5+ Units / Five or More Units
Year Built1920
Lot Size0.09 AC / 3,750 SF
CountyAlameda County

Location

Listing Courtesy of Compass, Ken Wu, DRE #02131550; Compass, Tony Zizzo, DRE #01962093
Add your commute

Building Information for 2004 27th Avenue

Stories-Residences7Year Built1920Building Size-Lot Size0.09 AC / 3,750 SF

Payment Calculator

$6,486 per month

30 year fixed, 6.28% Interest

Principal and Interest

$4,917

Property Taxes

$1,569

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 2004 27th Avenue

Features
Feature Details
  • Flooring: Hardwood
  • Laundry: Laundry Equip - Owned
Utility Details
  • Cooling: None
  • Heating: Wall Furnace
  • Water/Sewer: PublicSewer
Lot / Property Details
Home Owners Association
  • HOA Amenities: None
Property Details
  • Additional Equipment: Security Gate
  • City Transfer Tax: Yes
  • Exterior: Stucco & Stone
  • Lot Description: Corner Lot
  • Lot Sq Ft Apx: 3750
  • Lot Size Square Feet: 3750.0
  • Roof: Shingle
  • Sq Ft Apx: 3688
  • Year Built: 1920
Location Details
  • Directions to Property: Foothill Blvd
  • FIPS Code: 06001
  • Census Tract: None
  • Printed Neighborhood Rpt: No
  • Board ID: Bridge AOR
Multi Family Information
General Details
  • Units Total: 7
  • Basement: None
  • Tenant Pays: None
  • Financial Data Source: Owner
Multi Family 5+ Information
Unit 1
  • Unit 1 # Units This Type?: 6
  • Unit # 1 Occupied By: Tenant
  • Unit # 1 # of Bedrooms: 1
  • Unit # 1 # of Bathrooms: 1
Unit 2
  • Unit 2 # Units This Type?: 1
  • Unit # 2 # of Bedrooms: 2
  • Unit # 2 # of Bathrooms: 1
Building Details
  • Additional Features-Misc: None
  • Apx Lot Acres: 0
  • On Site Parking Description: Off Site Parking
  • Tot Ann Oper Exp: 44922.0
Income / Expense Details
  • Annual Rent Income: $107,304
  • Gross Rent Multiplier: 9.32
  • Net Operating Income: $60,843
Other Financial Information
  • Cap Rate: 6.08
  • Existing Loan: Other
  • Ocpnt Req 24 Hr: Yes
Additional Information
Additional Information
  • Fireplace: No

Property History for 2004 27th Avenue

DateEvent & SourcePriceAppreciation
Aug 21, 2025

Listed (Active)

EBRD #41108990

$995,000
Aug 21, 2025

Listed (Active)

MLSListings #EB41108990

$995,000
Oct 2, 2020

Sold (Public Record)

Public Record #685750212

$1,000,000

+17.0% / yr

Dec 21, 2015

Sold

EBRD #40721969

$470,000
Dec 9, 2015

Sold (Public Record)

Public Record #562650671

$470,000
Nov 18, 2015

Pending

EBRD #40721969

Nov 9, 2015

Listed (Active)

EBRD #40721969

$549,000
Mar 8, 2013

Expired

RESFAR #40598401

$440,000
Dec 14, 2012

Listed (Active)

RESFAR #40598401

$440,000
Dec 30, 1998

Expired

RESFAR #21601125

Jul 7, 1996

Price Change

RESFAR #21601125

$249,000
Jul 7, 1996

Listed (Active)

RESFAR #21601125

$239,000
DateEvent & SourcePrice
08/21/2025

Listed (Active)

EBRD #41108990

$995,000
08/21/2025

Listed (Active)

MLSListings #EB41108990

$995,000
10/02/2020

Sold (Public Record)

Public Record #685750212

$1,000,000

+17.0% / yr

12/21/2015

Sold

EBRD #40721969

$470,000
12/09/2015

Sold (Public Record)

Public Record #562650671

$470,000
11/18/2015

Pending

EBRD #40721969

11/09/2015

Listed (Active)

EBRD #40721969

$549,000
03/08/2013

Expired

RESFAR #40598401

$440,000
12/14/2012

Listed (Active)

RESFAR #40598401

$440,000
12/30/1998

Expired

RESFAR #21601125

07/07/1996

Price Change

RESFAR #21601125

$249,000
07/07/1996

Listed (Active)

RESFAR #21601125

$239,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 2004 27th Avenue

Taxable ValueLand$324,726Additions$755,529Total$1,080,255
Tax Record2025$18,830 ($1,569 / month)
Home Facts
Total Finished SqFt3,688 SqFtAbove Grade Finished SqFt3,688 SqFtStories2Lot Size3,750 SqFtStyleMulti-Family Res (5+ Units)Year Built1920CountyALAMEDAAPN26-741-9

Schools near 2004 27th Avenue

This home is within Oakland Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - K to 5
Public - 6 to 8
Public - 6 to 8
Rating
School
Distance
Manzanita Community
PublicK to 5

Manzanita SEED
PublicK to 5

United For Success Academy
Public6 to 8

Urban Promise Academy
Public6 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Similar Sold Homes

2004 27th Avenue is a multi-family home for sale in Oakland, CA 94601. This property was listed for sale on August 21, 2025 by Compass, it's currently listed at $995,000. It has been on the market for a total of 114 days and was last sold on October 2, 2020. This listing's school district is Oakland Unified School District. Nearby schools include Manzanita Community, Manzanita SEED and United For Success Academy. 2004 27th Avenue is a 0-bed, 0-bath, 3,688 sqft multi-family home built in 1920.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Compass, Ken Wu, DRE #02131550; Compass, Tony Zizzo, DRE #01962093

Based on information from one of the following Multiple Listing Services: San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.