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1285 Macarthur Blvd, Oakland, CA 94610
$2,570,000
1285 Macarthur Blvd, Oakland, CA 94610View this property at 1285 Macarthur Blvd, Oakland, CA 94610
1285 Macarthur BlvdOaklandCA94610
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Property Description
Price just reduced and income just increased by $5,800/year for this 8 unit apartment building with seven 1 bedroom units and one 2 bedroom unit. Built in 1965, the building is well maintained with most units remodeled and updated. Excellent rental income with relatively low expenses, separately metered for PG&E. 4 garages and 3 carport spaces. Some low rents allow for added upside potential in this very popular neighborhood next to Highland Park district. Now a 5.5% cap rate!
Full Property Details
Full Property Details for 1285 MacArthur Blvd
General
- Sold For: $2,570,000
- Status: Closed
- Type: Multi-Family
- MLS ID: 40831154
- Added to Site: 2, 105 day(s) ago
Interior
- Interior Features: Balcony/Patio, Wired for Cable TV
- Flooring: Linoleum
Rooms
Other Rooms
- Laundry: Coin Operated, Community Facility, Dryer, In Laundry Room, Laundry Equipment (Leased), Washer
Exterior
- Exterior Features: Stucco, Wood Frame
Parking
- Total Spaces: 7
- Parking: Attached Garage, 2 or More Car Carport, Covered Parking, Enclosed Garage, Garage Parking
Location
- Area: Oakland Zip Code 94610
- County: Alameda
- Cross Streets: Park Blvd
- Driving Directions: Park Blvd to MacArthur
Heating & Cooling
- Cooling Type: None
- Heating Type: Gas, Wall Furnace
Utilities
- Water: Public Sewer System, Public Water
Structural Information
- Architectural Style: Lowrise (1-3 Flrs)
- Basement Desc.: None
- Roof: Other
- Year Built: 1965
Unit Information
Unit 1
- Square Feet: 700
- Total Bathrooms: 1
- Bedrooms: 2
- Parking: 1
Unit 2
- Square Feet: 600
- Total Bathrooms: 1
- Bedrooms: 1
- Parking: 1
Unit 3
- Square Feet: 600
- Total Bathrooms: 1
- Bedrooms: 1
- Parking: 1
Unit 4
- Square Feet: 600
- Total Bathrooms: 1
- Bedrooms: 1
- Parking: 1
Lot Features
- Property View: Other
- Lot Size (Acres): 0.14
- Lot Description: Corner, Level, Regular
Financial Considerations
- Price Per Sq. Ft.: $457
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Schools
Schools serving 1285 MacArthur Blvd
School District:Oakland Unified School District
Rating | Name | Grades | Distance |
---|---|---|---|
1025 E 28th St, Oakland, CA 94610 | K-5 | 0.3 mi | |
3748 13th Ave, Oakland, CA 94610 | 6-8 | 0.2 mi | |
1023 Macarthur Blvd, Oakland, CA 94610 | 9-12 | 0.3 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1285 MacArthur Blvd
Date
Details
Price
Change
Source
10/19/2018
Sold
$2,570,000
-4.64%
MLS
9/10/2018
Price Reduced
$2,695,000
-2.88%
MLS
7/20/2018
Listed
$2,775,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1285 Macarthur Blvd, Oakland, CA 94610 (MLS# 40831154) is a Multi-Family property that was sold at $2,570,000 on October 19, 2018. This property was listed by Kim Marienthal from our Berkeley Office.Want to learn more about 1285 Macarthur Blvd? Do you have questions about finding other Multi-Family real estate for sale in Oakland? You can browse all Oakland real estate or contact a Coldwell Banker agent to request more information.