8603-8701 Hillside Street, Oakland, CA 94605

Oakland
Local realty services provided by:Better Homes and Gardens Real Estate Reliance Partners
8603-8701 Hillside Street,Oakland, CA 94605
$11,000,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: matthew flaherty
Office: colliers international
MLS#:426157391
Source:CABCREIS

Price summary

  • Price:$11,000,000

About this home

The Brook Point Apartments, located at 8603-8701 Hillside Street, Oakland, CA. The property consists of two individually parceled contiguous buildings totaling 96 units located in the Castlemont neighborhood. Offered at $11,000,000, the asset presents a value-add opportunity at a scale that allows an investor to establish an immediate infill presence in Oakland's workforce housing market. Demand for attainably priced rental housing in East Oakland continues to grow, and a 19.21% loss-to-lease across the rent roll provides a defined path to efficiently capture increased rental revenue through natural unit turnover, with additional upside available through operational efficiencies. The subject properties, built in 1964, feature two adjacent buildings spanning 2.97 acres, totaling (96) residential units - (1) Studio Unit, (54) 1-Bedroom Units, (30) 2-Bedroom Units, (9) 3-Bedroom Units, and (2) 4-Bedroom Units. The properties feature an on-site laundry facility in each building, 125...

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Home facts

  • Listing ID #:426157391
  • Added:29 day(s) ago
  • Updated:September 24, 2026 at 03:13 PM

Structure and exterior

  • Lot area:2.97 Acres

Finances and disclosures

  • Price:$11,000,000
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