1251 Macarthur Blvd
Oakland, CA 94610
7
Bed
4
Bath
5,200Sqft(Lot)
$50,000 price reduction! 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 7.29% and the current GRM is 9.96! 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
Property Details
Map
Map
What's Nearby
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Features
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Heating & Cooling
Has Heating: Yes Heating: SeeRemarks Has Cooling: Yes Cooling: SeeRemarks
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Building Information
Year Built: 1915Construction Materials: SeeRemarksPrivate Pool: No
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Lot Information
Main Square Feet: 5200 Lot Size Acres: 0.1194 Lot Size Square Feet: 5,200Property Information
Subdivision: LAKE MERRITT Source Property Type: ResidentialIncome Property SubType: Quadruplex Property Age: 111
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Listing Price Information
Listing Price: $1195000Original Price: $1250000
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Tax Information
Parcel Number: 2348115
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Virtual Tour
Parking Information
Parking Total: 4 Other
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Location Information
Direction: Cross Street: Park Blvd.
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 10351037 Warfield Avenue, Oakland, CA, 94610 | $700,000 | 3 | -- | 1,375 | 1,375 SqFt |
| 3608 Kingsley Street, Oakland, CA, 94610 | $804,400 | 4 | 4 | 2,953 | 2,953 SqFt |
| 500 Fairbanks Ave, Oakland, CA, 94610 | $1,299,000 | 6 | 4 | -- | |
| 753 Warfield Ave, Oakland, CA, 94610 | $988,000 | 4 | 3 | -- | |
| 647 Beacon St, Oakland, CA, 94610 | $1,600,000 | 5 | 4 | -- | |
| 260 Park View Terrace, Oakland, CA, 94610 | $1,988,000 | 6 | -- | 3,322 | 3,322 SqFt |
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ByOwner last updated this listing 08/12/2026 @ 10:49
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