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    Mckillop Rd Oakland, CA 94602

    For Sale
    $995,000

    Five-unit apartment complex in Oakland Hills with income potential.

    Property size:
    4,596 SF
    Lot size:
    0.17 Acres

    Property Features for Mckillop Rd

    General Information

    Standard status
    Active
    Size
    4,596 SF
    Lot size
    0.17 Acres

    Building Details

    Year built
    1965

    Source: THE PINZA GROUP, INC Agent DAVID HOWARTH

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Oakland Hills Five-Unit Apartment Complex

    This five-unit apartment complex is located in the Oakland Hills neighborhood. Constructed in 1965, the property includes approximately 4,595 square feet of rental space on a 7,300 square foot lot. The property features one large two-story 3-bedroom, 2-bathroom unit and four spacious 2-bedroom, 1-bathroom units. One of the 2-bedroom units will be delivered vacant at closing. The property includes a large garage and off-street parking. The units are separately metered for PGE. Many of the units have been remodeled with newer kitchens, bathrooms, wood flooring, newer carpet, custom lighting, and fixtures. The roof was redone several years ago, and the electrical and plumbing have been upgraded over time. The property is located near Redwood Day K-8 School. The neighborhood is quiet and comprises single-family homes.
    Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Map

    City
    Oakland
    County
    Alameda
    State
    California
    Longitude
    -122.220929
    Latitude
    37.79479

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    FAQs

    What type of property is this?
    Apartment building - Five-unit apartment complex in Oakland Hills with income potential.
    Where is this apartment building located?
    The property is located at Mckillop Rd Oakland, CA.
    What is the asking price?
    The asking price for this property is $995,000.
    What are key features of this property?
    This property features: - High current cap rate of 7.48% and GRM of 9.09, indicating strong current income.; - Excellent rental upside potential in a desirable Oakland Hills neighborhood.; - One vacant 2bd/1bth unit to be delivered at closing, providing immediate opportunity for increased income or renovation.
    (510) 725-4775
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    Mckillop Rd Oakland, CA 94602
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    Oakland, CA 94602
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Mckillop Rd Oakland, CA 94602
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