9240 Macarthur Boulevard, Oakland, CA

$1,750,000

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14

Beds

3,320

Square feet

0.14

Acres

About 9240 Macarthur Boulevard

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.

Features of 9240 Macarthur Boulevard

MLS® # 424075986
Price $1,750,000
Bedrooms 14
Bathrooms 0.00
Square Footage 3,320
Acres 0.14
Year Built 1958
Type Residential Income
Sub-Type Multi Family
Status Active

Community Information

Address 9240 Macarthur Boulevard
Area Oakland Zip 94605
City Oakland
County Alameda
State CA
Zip Code 94605

Amenities

Parking Spaces 6
Parking Carport
Is Waterfront No
Has Pool No

Interior

Fireplace No
Has Basement No

Exterior

Lot Description None

Additional Information

Date Listed October 24th, 2024

Listing Details

AgentJoe Levy
OfficeCompass Commercial

Listing Map

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