Compass SF
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listing
1 of 9
Residential IncomeFor Sale
$1,200,000
9240 Macarthur Boulevard
Oakland, CA 94605
Courtesy of Compass Commercial
MLS: San Francisco MLS
3,320Sq Ft
Est. Mortgage
$6,294/mo

Introducing 9240 MacArthur Blvd, a prime investment nestled within an up-and-coming Oakland neighborhood. This single-story structure houses five inviting one-bedroom, one-bath units and one expansive two-bedroom, one-bath unit, all thoughtfully situated around a tranquil private courtyard. Recent exterior upgrades, including fresh paint and updated windows, enhance the building's visual appeal while bolstering energy efficiency. The considerable investment in Soft Story Seismic Bracing emphasizes safety measures, complemented by the Sewer Lateral Certificate. Sidewalk repairs, aligned with city standards, are currently in progress, attesting to the Seller's dedication to ongoing property enhancements. With a projected cap rate of 5.57%, 11.58 GRM, this building embodies a solid investment. Units within 9240 MacArthur Blvd have received attentive repairs and upgrades during vacancies, exemplifying diligent maintenance. Tenant convenience is ensured with an on-site laundry facility and individual gas and electric meters. The recent development across the street is contributing to the neighborhood's rejuvenation. The property capitalizes on rent increases in line with market trends, enhancing its potential for promising returns.

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Listing Courtesy of Compass Commercial
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