Historic Pill Hill fourplex offering strong in-place income, extensive capital improvements, and exceptional long-term investment potential. This well-maintained property features four updated units totaling approximately 3,300 square feet, plus additional attic storage, and generates multiple income streams through rental income, parking, and on-site laundry. Unlike many multifamily properties, several units enjoy their own private outdoor spaces, including private porches, a backyard and storage shed, and a spacious veranda, creating a more residential living experience for tenants. The property also includes nine off-street parking spaces, a rare amenity in this highly desirable neighborhood. Ownership has completed substantial system upgrades over the years, including remodeled kitchens and bathrooms, updated electrical panels, separate gas and water meters, replacement windows, soundproofing between units, foundation improvements, new gutters, termite treatment, and upgraded water heating systems, including tankless water heaters. All units include dishwashers, and the property has been consistently maintained, reducing deferred maintenance concerns. Located in Oakland's sought-after Pill Hill neighborhood, the property is just minutes from Kaiser Permanente, Alta Bates Summit Medical Center, MacArthur BART, Downtown Oakland, Uptown, major freeways, and numerous shopping and dining destinations. The location supports strong rental demand from healthcare professionals, commuters, and long-term residents alike. An excellent opportunity for investors seeking stable cash flow and long-term appreciation, or for an owner-occupant looking to offset housing costs with rental income. Property is currently in the process of obtaining official fourplex approval. Buyer to investigate and satisfy themselves regarding permit status.
3,320 Sq Ft
4,369 Sq Ft Dimensione del lotto
investimento
Costruito in 1896
MLS/ID annuncio 326058973
4 Unità
Public Water
Public Sewer
Finestre a doppio vetro
Bay Windows
Vista della città
Composizione
Parking - Off Street
Lot - Sidewalk
Lot - Corner Lot
Area comune
Heating - Wall Furnace
Heating - Gas
Elettrodomestici
Cortile privato
Raffreddamento - Aria condizionata centralizzata
Style - Victorian
Scaldabagno senza serbatoio
Forno a microonde
Scaldabagno a gas
Piano cottura a gas
Frigorifero indipendente
Cucina a gas indipendente
Forno a gas indipendente
Forno elettrico indipendente
Piano cottura elettrico
Lavastoviglie
COSTO MENSILE TOTALE
0 USD
0 USD
0 USD
All data, photos, visualizations, and information regarding a property, including the property's compliance with state and local legal requirements and all measurements and calculations of area, have been obtained from various sources, and may include such material that has been generated by use of artificial intelligence. Such information and material have not been and will not be verified for accuracy by the listing broker or the multiple listing service, and are not guaranteed as complete, accurate or reliable. Such information and material should be independently reviewed and verified for accuracy. This information and material are intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Copyright 2026 Bay Area Real Estate Information Services, Inc. All Rights Reserved.