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Listed by Jonathan Kurniadi • Kurniadi Realty
$ 699,000
Est. payment /mo
Pending
5235 Macarthur Blvd Oakland, CA 94619
6,650 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Pending
Purchase Type For Sale
MLS Listing ID 01-41105896
Year Built 1959
Lot Size 6,650 Sqft
Property Sub-Type Quadruplex
Property Description
Outstanding Investment Opportunity - Centrally Located 4-Plex Near Mills College. Attention investors and savvy buyers! This entry-level priced 4-plex offers strong income potential with a remarkable 7.4 GRM and 10.6% Cap Rate. Located just minutes from Mills College and major transit corridors, this well-situated property features four spacious 2-bedroom, 1-bath units. Two units are currently vacant, presenting immediate upside for owner-occupants or rental income optimization. While the property does need some upgrades and repairs, the solid bones and incredible cash flow potential make this a compelling value-add opportunity. Whether you're expanding your portfolio or diving into multi-family ownership, this is a must-see!
Location
State CA
County Alameda
Interior
Heating Wall Furnace
Flooring Carpet
Laundry Dryer Included, Washer Included
Exterior
Parking Features Carport
Building
Lot Description Up Slope from Street
Sewer Public Sewer
Nicole Van Parys & Gary Nesen
License Partners, Private Office Advisors | License ID: 01108944