Active

947 Macarthur Blvd

Oakland CA, 94610

$1,350,000


$1,350.00 per sqft

Active

5 Beds

5 Baths

1,000 sqft

Multi-family

Built in 1925

Incredible investment property in Cleveland Heights near Lake Merritt. The property is situated on a prime corner lot that offers lots of street parking, beautiful front landscaping with mature fruit trees and lots of recent upgrades! The 2/2 unit (largest) has been recently remodeled totaling over $100k. 2 VACANT units and 2 tenants! The 2 VACANT units have immediate market rent income. Added value in existing tenants is a great advantage! Ample Street parking for tenants and the large unit has a 2 car garage with driveway and patio. Excellent location close to Lake Merritt, shopping, transit options and freeway access. Great cap rate and low expenses.

224074367

MLS ID

July 10, 2024

Listed

November 13, 2024

Updated

Map

947 Macarthur Blvd
Oakland CA, 94610

Interior Features

Total Stories

2


Bedrooms

5


Total Bathrooms

5


Full Bathrooms

5


Interior Features

Vinyl, Wood


Appliances

Built-In Electric Range, Microwave, Dishwasher


Floor Description

Vinyl, Wood


Fireplace

No


Cooling

No


Cooling Description

None


Heating

Yes


Heating Description

Central

Exterior/Building Features

Lot Size

0.12 Acres


Lot Features

Corner Lot, Garden


Roof

Tile, Other


Sewer

Public Sewer

School Information

School District

Oakland Unified

Other Property Details

Garage

Yes


Garage Spaces

2


Parking

Garage, Garage Door Opener, On Street


Parking Total

3


View

No


County

Alameda


Water Source

Public


Pool

No


Zoning

RM3

Listing History

Date

Event

Price

10/11/2024

Active

9/24/2024

Pending

Courtesy of RE/MAX Gold Folsom, Martha Czosnyka,
Listing Contact:  

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