
3186 Mckillop Rd Oakland, CA 94602
Reservoir Hills NeighborhoodEstimated payment $6,374/month
About This Home
www.3186mckillop.com; five unit apartment complex in a great Oakland Hills neighborhood with strong current income and excellent rental upside. The current cap rate is 7.48% and the current GRM is 9.09. The property offers one very large two-story 3bd/2bth unit and four spacious 2bd/1bth units including one unit that will be delivered vacant at closing. The property was originally built in 1965, offers approximately 4,595 square feet of rental space, and sits on a 7,300 square foot lot with a large garage and off-street parking. The property is easy to manage and is separately metered for PG&E providing for low annual operating expenses. The current owner self-manages the property and has remodeled many of the units with newer kitchens, bathrooms, wood flooring, newer carpet, custom lighting, fixtures, and more. The roof was redone several years ago and the electrical and plumbing have been upgraded over time. This is a perfect opportunity for an investor to acquire a turn-key property with excellent upside around the corner from the popular Redwood Day K-8 School. The neighborhood is quiet and comprises nice single-family homes with pride of ownership.
Listing Agent
David Howarth
The Pinza Group, Inc License #01360348 Listed on: 08/24/2025
Property Details
Home Type
- Condominium
Year Built
- 1965
Home Design
- 4,596 Sq Ft Home
- Garden Apartment
Utilities
- Heating Available
Community Details
- Bridge Aor Association
Listing and Financial Details
- Tax Tract Number 94602
Map
Home Values in the Area
Average Home Value in this Area
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
08/24/2025 08/24/25 | For Sale | $995,000 | -- | $216 / Sq Ft |
Similar Homes in the area
Source: bridgeMLS
MLS Number: 41109261

- 1777 Sausal St
- 2550 Pleasant St
- 2628 School St
- 2900 Sheffield Ave
- 1703 Macarthur Blvd
- 1701 Macarthur Blvd
- 3206 Champion St
- 3220 Champion St
- 2709 Nicol Ave
- 3036 23rd Ave
- 2221 E 31st St
- 3032 22nd Ave
- 3464 Champion St
- 2240 Macarthur Blvd
- 3086 Capp St
- 3044 Capp St
- 2133 E 30th St
- 2114 E 30th St
- 1621 E 38th St
- 3148 Fruitvale Ave Unit 1A
- 3024 Fruitvale Ave
- 2350 E 29th St
- 2811 Nicol Ave Unit 8
- 2361 E 29th St Unit C
- 2361 E 29th St Unit 15
- 2361 E 29th St
- 2830 23rd Ave
- 3517 Lincoln Ave
- 1453 Hampel St Unit 1453 Hampel Street
- 3761 Park Boulevard Way
- 2375 Fruitvale Ave
- 2337 21st Ave Unit D
- 3701 Park Boulevard Way Unit A
- 914 Everett Ave
- 1409 E 24th St
- 2133 34th Ave
- 2207 E 21st St Unit ID1259137P
- 2117 E 21st St
- 3541 Davis St Unit D