1251 Macarthur Blvd, Oakland, CA 94610

Oakland
Local realty services provided by:Better Homes and Gardens Real Estate Clarity
1251 Macarthur Blvd,Oakland, CA 94610
$1,250,000
  • - Beds
  • - Baths
  • 4,236 sq. ft.
  • Multi-family
  • Active
Listed by: david howarth
Office: the pinza group, inc
MLS#:41138117
Source:CAREIL

Price summary

  • Price:$1,250,000
  • Price per sq. ft.:$295.09

About this home

www.1251MacArthur.com; 4-unit apartment complex with excellent cash flow in a high demand rental location near Lake Merritt. The current cap rate is 6.91% and the current GRM is 10.42! The property is 100% occupied and offers an ideal unit mix of one 3bd/2bth unit and three 2bd/1bth units.  The property was originally built in 1915, offers approximately 4,236 square feet of rental space, and sits on a 5,200 square foot lot with ample room for parking.  The units have been fully remodeled and offer new kitchens and bathrooms with new cabinets, stainless steel appliances, custom tile, wood floors, double pane windows, new paint, new lighting, and more. There are two separate buildings with a unique layout providing maximum space and privacy where each unit feels like it's own separate home.  The two back units offer two levels and a nice townhome feel with bedrooms on the second level.  The property is easy to manage and separately metered for PG&E providing for low annual operating...

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Home facts

  • Year built:1915
  • Listing ID #:41138117
  • Added:2 day(s) ago
  • Updated:June 15, 2026 at 04:46 PM

Rooms and interior

  • Living area:4,236 sq. ft.

Structure and exterior

  • Year built:1915
  • Building area:4,236 sq. ft.
  • Lot area:0.12 Acres

Finances and disclosures

  • Price:$1,250,000
  • Price per sq. ft.:$295.09

Parking

  • Parking description:Other
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