About this home

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.

Facts and features

Schools

• Westlake Middle School

  middle · 6-8 · 0.6 mi

  2

• Hoover Elementary School

  elementary · K-5 · 0.6 mi

  4

• Street Academy (Alternative)

  high · 9-12 · 0.3 mi

  2

• St. Martin De Porres

  elementary · K-8 · 0.7 mi

• St. Andrew M.B.C. Private P. C. P. C.

  elementary · K-12 · 0.7 mi

• Elijah's University for Self-Development School

  elementary · K-10 · 0.7 mi

Price history

• Oct 16, 2026 · Listed$649,000
• Sep 9, 2026 · Listing Removed—
• Jul 23, 2026 · Listed$699,000
• Jul 21, 2023 · Listing Removed—
• Jul 21, 2023 · Listing Removed—
• Apr 17, 2023 · Price Changed$1,495,000
• Apr 17, 2023 · Price Changed$1,495,000
• Apr 11, 2023 · Listed$1,650,000

Tax history

• 2025$13,110 tax · $883,247 assessed
• 2024$12,630 tax · $865,935 assessed
• 2023$13,295 tax · $832,320 assessed
• 2022$12,974 tax · $816,000 assessed
• 2021$12,476 tax · $800,000 assessed
• 2020$11,039 tax · $697,128 assessed
• 2019$10,650 tax · $683,464 assessed
• 2018$10,427 tax · $670,068 assessed

Home value

$858,000

• Collateral Analytics$858,000
• Quantarium$869,706
• Cotality$685,500

Where it is