$649,000
Oakland, CA 94609-2817
3
Beds
1
Baths
1,320
Sq. Ft.
1903
Year Built
Alameda
County
SingleFamilyResidence
Property Type
Rare fully entitled 20-unit development opportunity in Oakland’s popular Pill Hill neighborhood. The property is fully entitled for a six story 23,996 square foot building consisting of five 2bd/2bth units, five 2bd/1bth units, and 10 1bd/1bth units. The property will offer individual decks and parking spaces for all units. The current building was built in 1903, offers 1,320 square feet of living space, and sits on a 6,000 square foot lot measuring 50’x120’. The current building has been remodeled and has a history of successful short-term rentals. The property offers a remodeled kitchen and bathroom, hard wood floors, custom molding, custom lighting, new interior paint, and more. This is an excellent opportunity for a developer to capitalize on one of Oakland’s best neighborhoods with excellent future cash flow or resale potential. This is a high demand rental surrounded by many medical centers, shopping options, restaurants, and coffee shops.
$3,454/mo
20% down · 7% APR · 30-yr fixed
Estimate only. Does not include taxes, insurance, or HOA.
Last updated: October 21, 2026 at 7:00 PMThe multiple listing data appearing on this website is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. All listing data, including but not limited to square footage and lot size, is believed to be accurate but is not guaranteed by the listing Agent, listing Broker, or CRMLS. Buyers are responsible for verifying the accuracy of all information and should independently investigate the data or retain appropriate professionals prior to making any decisions. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information herein may or may not have been the Listing and/or Selling Agent. Properties may or may not be listed by the office/agent presenting the information. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.
