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96-Unit Apartment Complex
For Sale
$11,000,000

8603-8701 Hillside Street, Oakland, CA 94605

Two neighboring residential buildings provide controlled entry and an on-site laundry room in each building.

Property Size129,373 SF
Lot Size2.97 Acres
Price / SF$85.03
Days on Market9

Property Features for 8603-8701 Hillside Street

General Information

Standard status Active
Size 129,373 SF
Total Parking Spaces 125
Lot size 2.97 Acres
Property subtype Multi-Family

Site & Location

Neighborhood Elmhurst

Units

Unit Mix 1 x Studio, 54 x 1-Bedroom, 30 x 2-Bedroom, 9 x 3-Bedroom, 2 x 4-Bedroom
Multifamily Units 96

Additional Details

Asking Price $11,000,000
Tenant in Place Yes

Amenities

on-site laundry
controlled access

Building Details

Year Built 1964
Buildings 2
Listing Agency: Coldwell Banker Realty
Listed By: Readdress
Source: Readdress
Added: Oct 29 Changed: Nov 5 Last Checked: Nov 4 at 12:35PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker Realty

Rey
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Investment Insights

Based on property information with market context.

This apartment property comprises two adjacent buildings constructed in 1964, with 96 residences across 2.97 acres. The unit mix includes one studio, 54 one-bedroom apartments, 30 two-bedroom apartments, nine three-bedroom apartments, and two four-bedroom apartments. Each building has an on-site laundry facility, and the property includes controlled access and 125 parking spaces.

Located in Oakland’s Castlemont neighborhood, the property consists of two contiguous parcels at 8603-8701 Hillside Street. The rent roll has a 19.21% loss-to-lease.

Key Highlights

  • 96 apartments across two buildings: 1 studio, 54 one‑bedroom, 30 two‑bedroom, 9 three‑bedroom, and 2 four‑bedroom units
  • Two contiguous parcels totaling 2.97 acres
  • Buildings constructed in 1964

Property Analytics

Lease Details

96
Residential units

Location Intelligence

Trade Area within ½ mile

530
Businesses Nearby

Demographics for 94605, CA

44,294
Population
17,686
Households
2.5
Avg Household Size
39
Median Age
43%
College-Educated
87%
High-School Grad
8.8 sq mi
ZIP Area
5,033
Density / Sq Mi
$101,043
Median Household Income
$62,590
Median Earnings
$1,867
Median Rent
$840,700
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

Frequently Asked Questions

What type of property is this?
Apartment building - Two neighboring residential buildings provide controlled entry and an on-site laundry room in each building.
Where is this apartment building located?
The property is located at 8603-8701 Hillside Street Oakland, CA.
What is the asking price?
The asking price for this property is $11,000,000.
What are key features of this property?
This property features: 96 apartments across two buildings: 1 studio, 54 one‑bedroom, 30 two‑bedroom, 9 three‑bedroom, and 2 four‑bedroom units; Two contiguous parcels totaling 2.97 acres; Buildings constructed in 1964
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