Pill Hill Homes with Security Gate Lot Descriiption

Welcome to Pill Hill, a hidden gem nestled in the vibrant city of Oakland, California. Known for its serene ambiance and picturesque landscapes, Pill Hill offers a unique blend of urban convenience and suburban tranquility. This charming neighborhood is characterized by its lush greenery, tree-lined streets, and a strong sense of community. Residents enjoy easy access to nearby parks, local shops, and a variety of dining options that reflect the rich cultural tapestry of the area.

One of the standout features of Pill Hill is its diverse range of homes, many of which boast security gate lots. These gated properties provide an added layer of privacy and peace of mind, making them an ideal choice for families and individuals seeking a secure living environment. The homes in this neighborhood often showcase stunning architectural designs, spacious layouts, and beautifully landscaped yards, perfect for outdoor gatherings and relaxation.

In addition to its residential appeal, Pill Hill is conveniently located near major highways, allowing for easy commutes to downtown Oakland and beyond. The neighborhood is also served by excellent schools, making it a prime location for families looking to settle down in a nurturing environment.

Whether you’re drawn to the allure of gated living or the welcoming community vibe, Pill Hill offers a unique opportunity to experience the best of Oakland. Explore the inviting homes and immerse yourself in the charm of this delightful neighborhood, where comfort and security come together to create a truly exceptional living experience.

Newest Pill Hill Homes with Security Gate 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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