515 28th St

Oakland, CA 94609

About this property

Rare value-add TRIPLEX OPPORTUNITY in Oakland's Pill Hill neighborhood. 515 28th Street offers investors, owner-users, and renovation-minded buyers the chance to reposition a multi-unit property with classic East Bay character and clear upside potential. The property can be delivered vacant, creating flexibility for renovations, and future leasing strategy. With thoughtful improvements, this triplex could become a strong long-term income asset, a compelling house-hack opportunity, or a generational hold in a central Oakland location.Pill Hill is known for its convenient access to Uptown, Downtown Oakland, Temescal, Lake Merritt, BART, Kaiser, Alta Bates/Summit medical facilities, shopping, dining, and major commuter routes. This location supports strong rental demand and offers proximity to many of the amenities tenants and owners value most. Bring your contractor, your vision, and your investment strategy. NOTE: Some AI-Enhanced Images Depicting Possible Renovation Potential Illustrative Concept Only - Buyer to Verify Existing Condition.

About this property

Rare value-add TRIPLEX OPPORTUNITY in Oakland's Pill Hill neighborhood. 515 28th Street offers investors, owner-users, and renovation-minded buyers the chance to reposition a multi-unit property with classic East Bay character and clear upside potential. The property can be delivered vacant, creating flexibility for renovations, and future leasing strategy. With thoughtful improvements, this triplex could become a strong long-term income asset, a compelling house-hack opportunity, or a generational hold in a central Oakland location.Pill Hill is known for its convenient access to Uptown, Downtown Oakland, Temescal, Lake Merritt, BART, Kaiser, Alta Bates/Summit medical facilities, shopping, dining, and major commuter routes. This location supports strong rental demand and offers proximity to many of the amenities tenants and owners value most. Bring your contractor, your vision, and your investment strategy. NOTE: Some AI-Enhanced Images Depicting Possible Renovation Potential Illustrative Concept Only - Buyer to Verify Existing Condition.

Features and Additional Information

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$789,000 Pending
5 Bed(s)
3
Baths
3,131 sqft

Presented By Desert Lifestyle Properties

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Get in touch today! Phone: 1-760-818-7518
Brokerage
KW Advisors East Bay
1-510-775-1079
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Area Information

| Alameda County | PILL HILL

$ 789,000
This listing is play_arrow 6.0% higher than the average in the area
$ 744,000 in the area
3,131 SqFt
This listing is play_arrow 40.7% larger than the average in the area
2,226 SqFt in the area
$ 252 $/SqFt
This listing is play_arrow 35.5% less than the average in the area
$ 391 $/SqFt in the area
73 days on site
This listing is play_arrow 39.0% above the average in the area
53 days on site in the area

Schools in the Area

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Listed By Robert Jones
Brokerage: KW Advisors East Bay

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