3320 MacArthur Blvd - Apartments FOR SALE


Oakland, CA 94602
$1,599,000 USD
510-387-7049
3320 MacArthur Blvd, Oakland, CA for Sale
$1,599,000 USD
Apartments - FOR SALE
1/15
null | 7.14% Cap Rate

3320 MacArthur Blvd
Oakland, CA 94602


HIGHLIGHTS

  • High Income Asset: $16K per month in scheduled rents
  • Large Units featuring 3BD/2BA and spanning ±1,500 SF.
  • Two 2BD/1BA Non-conforming units for additional income potential
  • Convenient location with easy access to retail and food options. Easy access to 580.
  • Built in 1986

OVERVIEW

$16K in monthly Scheduled Rents. (4) 3BD/2BA 1500 SF Units + (2) 2BD/1BA Non-conforming Units. Call Agent for Showing. Kidder Mathews is pleased to present the MacArthur Apartments. Located at 3320 MacArthur Blvd, Oakland, CA 94602, this residential fourplex offers a compelling investment opportunity in a thriving neighborhood. Constructed in 1986, the property spans 5,964 square feet of building area on a 4,500 square foot lot, providing ample space for tenants and significant potential for income generation. The building features (4) Three-bedroom Two-Bath units in addition to (2) Two-bedroom One Bath non-conforming units. The 3BD units boast approximately 1500 SF of living space. Units feature balconies and open floor plans. Laundry room in the common area and garage parking for four doors. In additional, on-site storage rooms are included in the common areas.

FOR SALE DETAILS

PRICE

$1,599,000 USD

PRICE/SF

$256 USD /SF

# OF UNITS

5

PRICE/UNIT

$319,800

CAP RATE

7.14%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Price Adjustment $16K/mo. gross rents

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1986

PARKING SPACES

7

LAND DETAILS

LAND ACRES

0.1 AC

LAND SF

4,500 SF

ZONING

-

APN/PARCEL ID

028-0944-007-00

ASK ABOUT THIS PROPERTY

Louis KwokKidder MathewsMore Info
510-387-7049

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Louis KwokKidder MathewsMore Info
510-387-7049

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.