3186 Mckillop Rd, Oakland, CA 94602

Local realty services provided by:Nelson Shelton Real Estate ERA Powered
3186 Mckillop Rd,Oakland, CA 94602
$995,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by:david howarth
Office:the pinza group, inc
MLS#:41109261
Source:CRMLS

Price summary

  • Price:$995,000

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

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Home facts

  • Year built:1965
  • Listing ID #:41109261
  • Added:12 day(s) ago
  • Updated:September 06, 2025 at 10:25 AM

Structure and exterior

  • Year built:1965
  • Lot area:0.17 Acres

Finances and disclosures

  • Price:$995,000
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