9240 Macarthur BLVD Active

Oakland,CA 94605

$ 1750000

14 Beds

0 Bath

3320 SqFt


Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 3,320 sqft

Price per Sqft $527

MLS Listing ID 424075986

Bedrooms 14

HOA Y/N No

Year Built 1958

Lot Size 6,250 Sqft

Acres 0.1435

Property Description

Introducing 9240-9244 MacArthur Blvd, a prime investment nestled within an up-and-coming Oakland neighborhood. This single-story structure houses ten inviting one-bedroom, one-bath units and two expansive two-bedroom, one-bath units, all thoughtfully situated around a tranquil private courtyard. Recent exterior upgrades, including fresh paint and updated windows, enhance the building's visual appeal while bolstering energy efficiency. The considerable investment in Soft Story Seismic Bracing emphasizes safety measures, complemented by the Sewer Lateral Certificate. Sidewalk repairs, aligned with city standards, are currently in progress, attesting to the Seller's dedication to ongoing property enhancements. With a projected cap rate of 9.5%, 5.92 GRM, this building embodies a solid investment.

Location

State CA

County Alameda

Area Oakland Zip 94605

Interior

Fireplace No

Exterior

Total Parking Spaces 6

Building

Lot Description None

New Construction No

Others

Tax ID 0485600025

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