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.
Bedrooms
5
Bathrooms
3
Square Feet
3,131
Lot Size
9,280 sqft
Year Built
1904
Property Type
Single Family Residence
Days on Market
7
HOA Fee
N/A
Garage Total
2
MLS #
41137926
Flooring
Laminate, Wood
Fireplace
Decorative, None
Heating
See Remarks
Total Parking Spaces
4
Garage Spaces
2
Attached Garage
Yes
Parking Features
Garage, One Space
Construction
Wood Siding
Foundation
Raised
Roof
Shingle
Lot Features
Back Yard, Street Level, Yard
$0
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Balanced market
Avg. time on market
This is a Balanced Market. Homes are selling at a moderate pace.
Flood Risk
Minimal — not in a FEMA flood zone
Wildfire Risk
Moderate — near wildland-urban interface
Heat Risk
Low — moderate summer temperatures
Earthquake Risk
Southern California seismic zone
Based on price, location, and features
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