1112 East 28th St, Oakland, CA 94610

Property Description

The owner’s unit here is the one everyone would want. 1112 E 28th Street is a 1907 Bella Vista fourplex on a 3,600 SF corner lot — four units, four garages, four front doors, two street addresses. A few blocks off I-580, five minutes on foot to AC Transit, a short drive to Lake Merritt and Highland Hospital. Unit 2802 was renovated in 2026: new wood floors, shaker kitchen with quartz and stainless, frameless glass shower, in-unit laundry, and a private roof deck of roughly 200 SF. It is vacant. So is Unit 1114, a second two-bedroom upstairs. The other two units, a two-bedroom and a one-bedroom, are occupied. Every unit carries its own gas and electric meter. The sewer lateral is certified compliant through 2039. $1,100,000. $329/SF. $275,000 per unit. $110,575 estimated current income, 6.27% cap. Live in the best unit and rent the other three, or lease half the building at market from day one. income, 6.27% cap. Live in the best unit and rent the other three, or lease half the building at market from day one.