8603 Hillside St Oakland, CA 94605
Castlemont NeighborhoodEstimated payment $68,966/month
About This Home
The Brook Point Apartments, located at 8603-8701 Hillside Street, Oakland, CA. The property consists of two individually parceled contiguous buildings totaling 96 units located in the Castlemont neighborhood. Offered at $11,000,000, the asset presents a value-add opportunity at a scale that allows an investor to establish an immediate infill presence in Oakland's workforce housing market. Demand for attainably priced rental housing in East Oakland continues to grow, and a 19.21% loss-to-lease across the rent roll provides a defined path to efficiently capture increased rental revenue through natural unit turnover, with additional upside available through operational efficiencies. The subject properties, built in 1964, feature two adjacent buildings spanning 2.97 acres, totaling (96) residential units - (1) Studio Unit, (54) 1-Bedroom Units, (30) 2-Bedroom Units, (9) 3-Bedroom Units, and (2) 4-Bedroom Units. The properties feature an on-site laundry facility in each building, 125 parking spaces on-site, and controlled access.
Property Details
Home Type
- Multi-Family
Lot Details
- 2.97 Acre Lot
Home Design
Community Details
- 96 Units
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2026 | $99,276 | $4,684,449 | $2,274,697 | $2,390,985 |
| 2025 | $99,276 | $4,592,990 | $2,230,107 | $2,344,116 |
| 2024 | $94,306 | $4,505,176 | $2,186,380 | $2,298,153 |
| 2023 | $96,716 | $4,396,610 | $2,143,514 | $2,253,096 |
| 2022 | $90,668 | $4,329,184 | $2,101,492 | $2,208,925 |
| 2021 | $81,124 | $4,244,680 | $2,060,293 | $2,184,387 |
| 2020 | $80,042 | $4,200,832 | $2,039,184 | $2,161,648 |
| 2019 | $73,271 | $4,113,381 | $1,999,200 | $2,114,181 |
| 2018 | $71,603 | $4,030,494 | $1,960,000 | $2,070,494 |
| 2017 | $36,971 | $1,738,420 | $346,320 | $1,392,100 |
| 2016 | $36,148 | $1,704,467 | $339,529 | $1,364,938 |
| 2015 | $35,863 | $1,678,980 | $334,432 | $1,344,548 |
| 2014 | $36,296 | $1,647,742 | $327,881 | $1,319,861 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/25/2026 08/25/26 | For Sale | $11,000,000 | -- | -- |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $5,500,000 | Old Republic Title Company | |
| Grant Deed | $5,200,000 | Old Republic Title Company | |
| Grant Deed | -- | Fidelity National Title Co | |
| Grant Deed | -- | First American Title Ins Co | |
| Trustee Deed | $1,142,000 | Orange Coast Title | |
| Grant Deed | $4,500,000 | First California Title Co | |
| Grant Deed | $1,455,000 | First American Title Guarant | |
| Interfamily Deed Transfer | -- | -- |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $5,200,000 | New Conventional | |
| Closed | $3,300,000 | Commercial | |
| Previous Owner | $300,000 | Commercial | |
| Previous Owner | $3,900,000 | Commercial | |
| Previous Owner | $3,010,000 | Commercial | |
| Previous Owner | $1,600,000 | Commercial | |
| Previous Owner | $50,000 | Commercial | |
| Previous Owner | $3,375,000 | Unknown | |
| Previous Owner | $7,000,000 | Commercial | |
| Previous Owner | $1,650,000 | Commercial | |
| Previous Owner | $1,435,000 | Commercial |
Source: San Francisco Association of REALTORS®
MLS Number: 426157391
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