273 MacArthur Blvd

Oakland , CA 95610

MLS#: 41108670

$3,000,000

Status: Active
Listing number: 41108670
Listing provided by: Transwestern Property Co.
Listing agent phone: None
Last update: 20 days ago
On site: 27 days ago
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Property

Beds

None

Full Baths

None

1/2 Baths

None

Year Built

1959

Sq.Footage

N/A

Located in the vibrant and sought-after neighborhood of Adams Point, the property offers an outstanding investment opportunity with a spacious 20-unit apartment building. This centrally located property features 5 generously sized 2bd/1ba units and 15 1bd/1ba, each providing ample space for tenants to comfortably settle in. The property has been retrofitted with moment frames and is listed as compliant on the City of Oakland’s soft story inventory list. Most of the vacant units require minor cosmetic and cleanup work to get them rent ready. However, they still offer the potential for interior upgrades, if the new owner chooses to do so. The property is situated in a prime location, benefiting from proximity to local amenities, public transportation, and major highways, ensuring strong tenant demand. Whether you’re a seasoned investor or a first-time buyer, this property offers an excellent foundation for long-term growth and value creation. By modernizing the interiors, and doing some minor exterior work, there is potential to increase market rents substantially, making this an ideal opportunity for investors looking to maximize returns. Don’t miss out on this exceptional chance to acquire a well-located, income-generating asset in Adams Point.

Features & Amenities

Interior

  • Total Bedrooms

    N/A

  • Bathrooms

    N/A

  • Cooling YN

    YES

  • Cooling

    N/A

  • Heating YN

    YES

  • Heating

    See Remarks, Wall Furnace

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Construction Materials

    Stucco

  • Pool

    No

Area & Lot

  • Lot Size(acres)

    0.2296

  • Property Type

    Residential Income

  • Property Sub Type

    Apartment

Price

  • Sales Price

    $3,000,000

  • Sq. Footage

    N/A

  • Price/SqFt

    N/A

HOA

  • Association

    No

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

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Location

County

Alameda

Elementary School

Middle School

High School

Listing Courtesy of Mairaj Din , Transwestern Property Co.

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Located in the vibrant and sought-after neighborhood of Adams Point, the property offers an outstanding investment opportunity with a spacious 20-unit apartment building. This centrally located property features 5 generously sized 2bd/1ba units and 15 1bd/1ba, each providing ample space for tenants to comfortably settle in. The property has been retrofitted with moment frames and is listed as compliant on the City of Oakland’s soft story inventory list. Most of the vacant units require minor cosmetic and cleanup work to get them rent ready. However, they still offer the potential for interior upgrades, if the new owner chooses to do so. The property is situated in a prime location, benefiting from proximity to local amenities, public transportation, and major highways, ensuring strong tenant demand. Whether you’re a seasoned investor or a first-time buyer, this property offers an excellent foundation for long-term growth and value creation. By modernizing the interiors, and doing some minor exterior work, there is potential to increase market rents substantially, making this an ideal opportunity for investors looking to maximize returns. Don’t miss out on this exceptional chance to acquire a well-located, income-generating asset in Adams Point.

273 MacArthur Blvd

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