3186 Mckillop Rd
Oakland, CA 94602
- – beds
- – baths
- – sqft
- 7,300 sqft lot
- 1965 build
- – on site
www.3186McKillop.com;5-unit apartment complex in a great neighborhood up the Oakland Hills with strong current income and excellent rental upside. The current cap rate is 6.73% and the current GRM is 10.5. 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 property with excellent upside around the corner from the popular Redwood Day K-8 School. The neighborhood is quiet and comprises nice single-family homes with pride of ownership.
Last checked:
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Last updated Jan 25, 2025
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MLS# 41083062 —
The Building
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Year Built:1965
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Construction Materials:See Remarks
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Total Number Of Units:5
Location
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Directions:Sheffield Ave to McKillop Rd Cross Street: Sheffield Ave.
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Latitude:37.79761600
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Longitude:-122.22030200
The Property
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Property Type:Residential Income
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Lot Size Area:7300.0000
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Lot Size Acres:0.1676
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Lot Size SqFt:7300.00
Listing Agent
- Contact info:
- No listing contact info available
Taxes
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Tax Census Tract:94602
The Listing
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Parcel Number:2681046
Heating & Cooling
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Heating:1
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Heating:See Remarks
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Cooling:Yes
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Cooling:See Remarks
Utilities
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Water Source:Other
Parking
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Parking Spaces:5.00
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Max Internet Speed
Provided by BroadbandNow®
This is the maximum advertised internet speed available for this home. Under 10 Mbps is in the slower range, and anything above 30 Mbps is considered fast. For heavier internet users, some plans allow for more than 100 Mbps.
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
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1/21/25
Jan 21, 2025
|
Listed / Active | CRMLS_CA | $1,150,000 |
