1251 Macarthur Blvd | Image 1
New
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$1,250,000

For Sale

2 days ago

1251 Macarthur Blvd, Oakland, CA

House

MLS® 41138117

0 Bed

0 Bath

--

4 Parking

  • Key Facts
  • Description
  • Map

Key Facts

Type Quadruplex
Levels Residential Income
Size -
Garage 
Taxes 
Days Active 2
Lot Size 0.1194 Acres
Approx. Age 1915
MLS® Number 41138117

Property Address: 1251 Macarthur Blvd, Oakland, CA, 94610-2862

Average square foot calculated using Size range provided by listing agent.

Description

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 expenses. The exterior and interior are in great condition with little deferred maintenance resulting in an attractive turn-key investment. The property is close to Lake Merritt with easy access to HWY 580 and the Grand Lake, Lower Dimond, and Laurel shopping districts. There are countless restaurants and coffee shops nearby with easy access to Downtown Oakland. BART, and other forms of public transportation.
MLS® Number41138117
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1915
Basement
DrivewayOther
Garage Spaces
HeatSee Remarks
A/CSee Remarks

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Jun 12, 2026List Date
$1,250,000List Price
  • Commute

Commute

Starting Address
Destination Address
1251 Macarthur Blvd, Oakland, CA

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