Pill Hill Homes with Security Gate Lot description

Pill Hill Homes with Security Gate Lot description

Welcome to Pill Hill, a hidden gem nestled in the vibrant city of Oakland, California. This charming subdivision stands out not only for its picturesque landscapes and community spirit but also for its unique offering of homes with security gate lots, providing an added layer of peace and privacy for residents.

Pill Hill is characterized by its diverse architecture, where classic homes blend seamlessly with modern designs, creating a rich tapestry of styles that cater to various tastes. The lush greenery that surrounds the neighborhood enhances its appeal, making it a serene retreat from the hustle and bustle of urban life. Here, residents enjoy the perfect balance of tranquility and accessibility, with easy access to Oakland's bustling downtown, renowned restaurants, and cultural attractions.

The homes in Pill Hill are designed with comfort and security in mind. Each property boasts a secure gated lot, ensuring that families can relax and enjoy their outdoor spaces without concern. This feature is particularly appealing for those looking for a safe environment to raise children or for individuals seeking a peaceful sanctuary to unwind after a busy day.

In addition to its beautiful homes, Pill Hill is also known for its friendly community atmosphere. Neighbors often gather for local events, fostering connections and creating a sense of belonging. With its perfect blend of security, charm, and community spirit, Pill Hill is not just a place to live; it’s a place to thrive. Come discover the enchanting lifestyle that awaits you in this delightful Oakland neighborhood!

Newest Pill Hill Homes with Security Gate 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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