3186 Mckillop Rd, Oakland, CA 94602

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3186 Mckillop Rd,Oakland, CA 94602
$995,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by:david howarth
Office:the pinza group, inc
MLS#:41109261
Source:CRMLS

Price summary

  • Price:$995,000

About this home

www.3186mckillop.com; five unit apartment complex in a great Oakland Hills neighborhood with strong current income and excellent rental upside. The current cap rate is 7.48% and the current GRM is 9.09. 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

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Home facts

  • Year built:1965
  • Listing ID #:41109261
  • Added:5 day(s) ago
  • Updated:August 30, 2025 at 01:27 PM

Structure and exterior

  • Year built:1965
  • Lot area:0.17 Acres

Finances and disclosures

  • Price:$995,000
Based on information from California Regional Multiple Listing Service, Inc. as of August 30, 2025 . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.