$995,000

Estimated payment $6,374/month

Total Views 363
-- Bed
-- Bath
4,596 Sq Ft
$216 Price per Sq Ft

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

Property Details

Home Type

Condominium

Year Built

1965

Lot Details

0

Listing Details

  • Property Sub Type: Garden Apts
  • Property Type: COMM RI MULTI-UNITS 5+
  • Co List Office Mls Id: OBPINZA
  • Directions: Sheffield Ave Rt Mckillop
  • Skirt: ["Other"]
  • Special Features: None
  • Year Built: 1965

Interior Features

  • Other Equipment: Other

Garage/Parking

  • Parking Features: Other

Utilities

  • Cooling: Other
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Name: Bridge AOR

Lot Info

  • Lot Size Sq Ft: 7300

Tax Info

  • Tax Tract: 94602

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/24/2025 08/24/25 For Sale $995,000 -- $216 / Sq Ft
Source: bridgeMLS

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Source: bridgeMLS

MLS Number: 41109261

bridgeMLS