MLS® ID: 40877999

281 MacArthur Blvd

OAKLAND, California, 94610

$5,750,000 Pending
  • 2 Beds
  • 1 Baths
  • - SQFT
281 MacArthur Blvd is a 19-unit apartment building conveniently located in Oakland’s highly coveted Adam’s Point Neighborhood. Delivered to investors and 1031 Exchange buyers, this ±15,600 SF, asset was built in 1964 and is comprised of 19 X Two-Bedroom, One-Bathroom units. The property also features an on-site laundry facility and a secured parking garage that contains 17 parking spaces with an additional 2 uncovered parking spaces outside the garage. With in-place rents that are roughly 37% below market rate, there is potential to increase the property’s NOI by more than 100%.
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Listing courtesy of CBRE

Amenities

  • Full baths
    1
  • Full Baths Range
    1 Bath
  • Total Baths
    1
  • Zip
    94610
  • Office name
    CBRE
  • SQFT
    0
  • Bedrooms
    2
  • Property type
    Midrise (4-6 Flrs)
  • Year built
    1964
  • Lot size
    0.23
  • Sewer
    Sewer System - Public,Water - Public
  • Heating
    Gas,Wall Furnace
  • Agent name
    Keith Manson
  • Purchase Type
    Pending Show for Backups
  • Price Range
    $2m+
  • Square Feet Range
    < 1000 sq ft.
  • Bedrooms Range
    2.0 Beds
  • Year Built Range
    1989 (and earlier)
  • Office ID
    38734
  • Agent ID
    166020232

Location

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