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Listed by Joe Levy Compass Commercial
$1,750,000
Est. payment /mo
14 BD
3,320 SqFt
Active
9240 Macarthur BLVD Oakland, CA 94605
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UPDATED:
10/24/2024 08:23 PM
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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