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 4-unit 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
September 16, 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
Courtesy of RE/MAX Gold Folsom, Martha Czosnyka,
Listing Contact:
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