1251 Macarthur Blvd
Oakland, CA 94610
7
Bed
4
Bath
5,200Sqft(Lot)
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.
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bathroom Information
Total Baths: 0 -
Cooling Features
See Remarks Air ConditioningHeating Source
See Remarks Has Heating
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Building Information
Year Built: 1915 Construction: See Remarks
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Lot Details
Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 0.1194 -
Lot Size Source: Vendor Enhanced Lot Size Square Feet: 5200
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Listing Price Information
Original List Price: 1,250,000 Listing Contract Date: 2026-06-12
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Tax Information
Parcel Number: 2348115
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Garage and Parking
Garage Description: OtherHomeowners Association
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Rental Info
Lease Term: Negotiable Tenant Pays: Gas
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Other Property Info
Source Listing Status: Active Source Neighborhood: Directions: Cross Street: Park Blvd. Source Property Type: Residential Income Property SubType: Quadruplex -
Building and Construction
Property Age: 111 Structure Type: Quadruplex Year Built Source: Vendor Enhanced
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 3608 Kingsley Street, Oakland, CA, 94610 | $804,400 | 4 | 4 | 2,953 | 2,953 SqFt |
| 3214 13th Ave, Oakland, CA, 94610 | $949,888 | 4 | 2 | -- | |
| 647 Beacon St, Oakland, CA, 94610 | $1,495,000 | 5 | 4 | -- | |
| 429 Euclid Ave, Oakland, CA, 94610 | $1,350,000 | 6 | 4 | -- |
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Nearby For Sale
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ByOwner last updated this listing 06/22/2026 @ 18:20
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