Oakland Hills Homes with Other Lot Descriiption

Welcome to Oakland Hills, a picturesque neighborhood nestled in the heart of Oakland, California. Known for its stunning views, lush greenery, and vibrant community, Oakland Hills offers a unique blend of suburban tranquility and urban convenience. With its elevated position, residents can enjoy breathtaking panoramas of the San Francisco Bay and the surrounding landscapes, making it a sought-after destination for homebuyers looking to embrace nature while remaining close to the city's amenities.

The neighborhood is characterized by its diverse architectural styles, featuring charming mid-century homes, contemporary designs, and sprawling estates. Many properties boast generous lot sizes, providing ample outdoor space for gardening, entertaining, or simply soaking in the serene environment. Whether you’re seeking a cozy retreat or a spacious family home, Oakland Hills has something for everyone.

Families will appreciate the proximity to top-rated schools, parks, and recreational areas, including the nearby Joaquin Miller Park, which offers miles of hiking trails and picnic spots. The local community is warm and welcoming, with numerous events and activities that foster a strong neighborhood spirit.

For those who enjoy dining and shopping, the vibrant Montclair Village is just a short drive away, featuring an array of boutiques, cafes, and restaurants that cater to every palate. With its perfect blend of natural beauty, community charm, and easy access to the urban lifestyle, Oakland Hills is not just a place to live; it's a place to thrive. Discover your dream home in this enchanting neighborhood today!

Newest Oakland Hills Homes with Other Lot Descriiption

$895,000

41118514 MLS

6-unit mixed-use building with excellent current income with a current cap rate of 12.49% and a current GRM of 5.70! The property offers two retail units in the front building and four residential units in the rear building. The property was built in 1938, offers 4,225 square feet of rental space, and sits on an oversized 9,998 square foot lot with a huge backyard and ample parking. The front retail units have two tenants but can be delivered vacant at closing. The rear building offers one 4bd/2bth unit, one 3bd/1bth unit, and two 2bd/1bth units. The backyard is huge and offers the potential for expansion or ADU development. The units are large and offer a variety of upgrades including newer kitchens and bathrooms, double pane windows, a newer roof, newer flooring, and more. The property is easy to manage and is separately metered for PG&E providing for low annual operating expenses. The tenants are nice, cooperative, and easy to manage making this an ideal property for an investor seeking max income or an owner-occupant seeking a variety of options with unbeatable cash flow to offset the mortgage.

8016 Macarthur Blvd, Oakland

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