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1251 MacArthur Blvd
Oakland, CA 94610 Lynn

$1,250,000 USD

Apartments For Sale  •  3,857 SF

Property Details

  • Property Type Apartments
  • Total Building Size 4,236 SF
  • Lot Size 0.12 AC
  • Building Class C
  • Year Built 1915
  • Cap Rate 6.91 %
70 Transit Score
60 Walk Score

Highlights

4-unit Apartment Complex Spread Across Two Buildings with Excellent Current Cash Flow
Great Unit Mix Featuring One 3bd/2bth Unit and Three 2bd/1bth Units with Ample Parking
Fully Remodeled Units with New Kitchens and Bathrooms, Granite Counters, Stainless Steel Appliances,
Easy to Manage Property - Separately Metered for Electric and Gas with Low Annual Operating Expenses
100% Occupied with Stable Tenants and No Recent Vacancies Providing Stable Income
High Demand Rental Location Near Grand Lake Shopping District, Lake Merritt, and HWY 580
Cap Rate: 6.91 %

Public Transportation

Commuter RailDriveWalkDistance
7 min - 3.2 mi
9 min - 5.5 mi
AirportDriveWalkDistance
Metro Oakland International 15 min - 9.1 mi
San Francisco International 36 min - 24.4 mi
Norman Y Mineta San Jose International 51 min - 40.6 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 3
Type: Surface
Included in Rent: Yes
David Howarth 510-822-1331 Pinza Group
David Howarth 510-822-1331 Pinza Group