Pill Hill Homes with Garden Lot description

Welcome to Pill Hill, a charming and vibrant subdivision nestled in the heart of Oakland, California, within the picturesque Alameda County. Known for its serene atmosphere and lush greenery, Pill Hill offers a unique blend of urban convenience and suburban tranquility, making it an ideal place for families, professionals, and nature enthusiasts alike.

One of the standout features of Pill Hill is its beautiful homes, many of which come with delightful garden lots. Imagine stepping out into your own private oasis, where vibrant flowers, fragrant herbs, and lush greenery create a peaceful retreat right at your doorstep. These garden lots not only enhance the aesthetic appeal of your home but also provide a wonderful space for outdoor gatherings, gardening enthusiasts, or simply enjoying a quiet moment with a book and a cup of coffee.

The community is well-established, with tree-lined streets that invite leisurely strolls and friendly neighborhood interactions. Residents of Pill Hill enjoy easy access to nearby parks, schools, and local amenities, ensuring that everything you need is just a stone's throw away. The vibrant culture of Oakland is also within reach, offering an array of dining, shopping, and entertainment options.

Whether you’re looking to plant roots in a family-friendly environment or seeking a peaceful retreat close to the city, Pill Hill’s homes with garden lots provide the perfect backdrop for your next chapter. Discover the charm of this Oakland gem and envision the possibilities that await you in your new home.

Newest Pill Hill Homes with Garden Lot description

$799,000

41137937 MLS

Exceptional opportunity to acquire a fully occupied 5-unit apartment building in one of North Oakland's most sought-after rental markets, offered at $799,000. The property features an excellent unit mix of four 1-bedroom/1-bath units and one 2-bedroom/1-bath unit, providing stable in-place income and broad tenant appeal. This well-maintained asset has benefited from significant recent capital improvements, including remodeled units, a newer roof, and fresh exterior paint, allowing investors to acquire a turnkey property with reduced near-term capital expenditures. Separately metered PG&E service allows tenants to pay their own gas and electricity, helping improve operating efficiency. Ideally situated just minutes from the Temescal District, MacArthur BART Station, UC Berkeley, Emeryville, Downtown Oakland, Kaiser Permanente, and major freeways, the property enjoys strong rental demand driven by convenient access to employment centers, shopping, dining, and public transportation. The property is 100% occupied and generates approximately $89,523 in annual scheduled rental income, providing immediate cash flow from the first day of ownership. Whether you're completing a 1031 exchange, expanding an existing portfolio, or acquiring your first multifamily investment, this property offers an outstanding combination of location, stability, and long-term investment potential.

2831 Martin Luther King Jr Way, Oakland

Listing courtesy of Christopher Paratore from BHHS Drysdale Alameda. 650-302-0992

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