Pill Hill Homes with Garden Lot Descriiption

Welcome to Pill Hill, a hidden gem nestled in the vibrant city of Oakland, California. Known for its picturesque tree-lined streets and a rich tapestry of community spirit, Pill Hill is a neighborhood that beautifully balances urban convenience with suburban charm. This area is renowned for its close-knit community, making it an ideal spot for families, young professionals, and retirees alike.

Pill Hill boasts a diverse array of homes, many of which feature charming garden lots that offer a personal oasis in the heart of the city. Imagine stepping out into your own lush garden, where vibrant flowers bloom and greenery flourishes, providing a serene escape from the hustle and bustle of daily life. These garden lots not only enhance the aesthetic appeal of the homes but also create perfect spaces for outdoor gatherings, gardening enthusiasts, or simply enjoying a quiet moment with nature.

The neighborhood is conveniently located near essential amenities, including schools, parks, and local shops, ensuring that everything you need is just a stone's throw away. With easy access to public transportation and major highways, commuting to downtown Oakland or beyond is a breeze.

Pill Hill is also home to a variety of recreational opportunities, from hiking trails to community events that foster a sense of belonging. Whether you're looking to enjoy a leisurely stroll through the neighborhood or engage with friendly neighbors at local gatherings, Pill Hill offers a lifestyle that is both enriching and fulfilling. Experience the charm of Pill Hill, where community, comfort, and nature come together in perfect harmony.

Newest Pill Hill Homes with Garden Lot Descriiption

$799,000

41137937 MLS

Exceptional opportunity to acquire a fully occupied 5-unit apartment building in one of North Oakland's most sought-after rental markets, offered at $799,000. The property features an excellent unit mix of four 1-bedroom/1-bath units and one 2-bedroom/1-bath unit, providing stable in-place income and broad tenant appeal. This well-maintained asset has benefited from significant recent capital improvements, including remodeled units, a newer roof, and fresh exterior paint, allowing investors to acquire a turnkey property with reduced near-term capital expenditures. Separately metered PG&E service allows tenants to pay their own gas and electricity, helping improve operating efficiency. Ideally situated just minutes from the Temescal District, MacArthur BART Station, UC Berkeley, Emeryville, Downtown Oakland, Kaiser Permanente, and major freeways, the property enjoys strong rental demand driven by convenient access to employment centers, shopping, dining, and public transportation. The property is 100% occupied and generates approximately $89,523 in annual scheduled rental income, providing immediate cash flow from the first day of ownership. Whether you're completing a 1031 exchange, expanding an existing portfolio, or acquiring your first multifamily investment, this property offers an outstanding combination of location, stability, and long-term investment potential.

2831 Martin Luther King Jr Way, Oakland

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