Properties

Comm Ri Multi-units 5+ For Sale

6,640 Sqft - 9240 Macarthur Blvd, OAKLAND, California 94605

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Property Description

This two building, twelve- unit investment property with good curb appeal has been recently updated with fresh interior/exterior paint including new windows that provide each unit with ample amount of natural light. The centrally located property is minutes away from hyw. 580 & 880 and is a commuter’s dream. Your renters can enjoy the safe and secure yard. Current owner has completed many large one- time repairs increasing value for the next owner. The property is one of a few in the East Bay that has completed the mandatory soft story seismic bracing and is sewer lateral compliant. Good income upside is possible by-passing cost of seismic bracing to tenants. New buyer to confirm rent increase feasibility, sqft., & lot size with the City of Oakland. Extensive time spent selecting quality tenants allowing for ease of rent collections. Will not last so let’s talk soon!

Basic Details
Property Type : Comm Ri Multi-units 5+
Listing Type : For Sale
Listing ID : 40937736
Price : $2,399,999
Bedrooms : 0
Bathrooms : 0
Half Bathrooms : 0
Square Footage : 6,640 Sqft
Year Built : 1958
Lot Area : 0.14 Sqft
Features
Heating System : Wall Furnace
Roof : Composition Shingles
Address Map
Country : US
State : CA
County : Alameda
City : OAKLAND
Zipcode : 94605
Street : Macarthur Blvd
Street Number : 9240
Floor Number : 0
Longitude : W123° 50' 22.6''
Latitude : N37° 45' 14.4''
MLS Addon
Office Name : Radius Agent Realty
Building Type : 5 Or More Units
Area : Oakland Zip Code 94605
Address : 9240 Macarthur Blvd
Cross Street : 94th
Directions to Property : Macarthur Ave
LA1User Code : 149520608
LA1Agent First Name : Joe
LA1Agent Last Name : Stevenson
Status Category : Sold
Tot # Parking Spaces : 6
Tot # of Units : 12
List $/SqFt : $361
Age : 63
Apx Lot Sq Ft : 6,250 Sqft
Type of Building : Apt Complex
Annual Taxes : $0
Total Deposits : $0
ADDTL FEATURES MISC. : Garden
DISABLED FEATURES : Other
EQUIPMENT ADDITIONAL : Dryer, Washer, Water Heater Gas, Individual Electric Meter, Master Gas Meter, Security Gate, Security Fence, Tv Antenna
EXTERIOR : Stucco
FLOORING : Laminate
LOT DESCRIPTION : Court
ON-SITE PARKING DESC : Covered Parking
TENANT PAYS : Electric, Parking
WATER/SEWER : Sewer System - Private
LAUNDRY : Common Room
Census Tract : Alameda
Bus Sq Ft of Bldg : 0 Sqft
Other Loans (Y/N) : No
1st Loan Balance : $0
2nd Loan Balance : $0
Tot Other Loans : $0
Financial Data Verif(Y/N) : 4.3%
FINANCIAL DATA SOURCE : Owner, Estimated, Incomplete, Projected
Ann Act Gross Inc : $0
Gross Oper Actual Inc : $0
Listing Type : Excl Right
Listing Service : Full Service
Special Information : None
Original Price : $2,399,999
Sold Price : $2,135,000
Previous Price : $2,399,999
Sale $/SqFt : $0
Gross Oper Actual Inc : 0
Annual Gross Sched Inc : 208488
Net Oper Income : 120923
Annual Mgmt Exp : 0
Annual License Exp : 0
Annual Util Exp : 0
Other Ann Exp : 0
Tot Ann Oper Exp : 87564
First Loan Payment : 0
First Balance : 0
Annual Insurance Exp : 0
INTERNET DISPLAY : 0
INTERNET SITES : 0
SA1Agent Type : 0
Buyer Broker DRE Number : 01104388
ZIDX Only Street Name : Macarthur Blvd
Buyer Agent DRE Num. : 02019291
Co List Agent DRE Num. : 01953136
List Agent DRE Num. : 01953136
LA1Agent License ID : 01953136
LA1NRDS_ID : 149520608
SA1Agent First Name : Lili
SA1Agent Last Name : Falsken
SA1Agent License ID : 02019291
SA1User Code : 159525251
SA1NRDS_ID : 159525251
Annual Vacancy : 5
Gross Income : 0
Listing Broker DRE Numbe : 02051216
Sale/Original $ : 89
Annual Exp Yr : 0
Sale $/SqFt : 322
1st - Yrs Remaining : 0
Sale/Last List $ : 89
Interest Rate : 0
Board ID : BAY EAST
Assessors Parcel No : 48-5600-25
Showing : By appointment - do not disturb teenats
SO1Office Abbreviation : CCWBBQD
SO1Office Name : BCRE
LO1Main Office ID : 89058
LO1Board ID : 0
LO2Office Identifier : 0
LO2Main Office ID : 0
SO1Office Identifier : 39342
SO1Board ID : 0
SO2Office Identifier : 0
SO2Office Type : 0
VOW Include : Yes
VOW Address : Yes
VOW Comment : Yes
VOW AVM : Yes
Status Detail : 0
Search Price : 2135000
Address Search Number : 9240
Listing Agent : 156992
Listing Office : 89058
Co-List Agent : 0
Listing Office 2 : 0
Apprx Equity : 0
Buyer Agent 1 : 158285
Buying Office 1 : 39342
Co-Sell Agent : 0
Buying Office 2 : 0
Photo Count : 8
Input Date : 13/02/2021 21:20:30
Update Date : 21/10/2021 16:53:48
PhotoTimestamp : 30/08/2021 03:41:03
First Photo Add Timestamp : 13/02/2021 21:20:31
List Date : 13/02/2021
Expire Date :
Pending Date : 07/06/2021
Closing Date : 27/08/2021
Status Date : 29/08/2021
Price Date : 29/08/2021
Off Market Date : 07/06/2021
Status : Sold
Dual Variable : No
City Transfer Tax : Yes
Point of Sale Ordinance : Yes
Ocpnt Req 24 Hr : Yes
Off Market Status Date :
LVT Date : 13/02/2021
DOMLS : 114
Cumulative DOMLS : 114
Comm Ri Multi-units 5+ For Sale
  • Listing ID : 40937736
  • Bedrooms : 0
  • Bathrooms : 0
  • Square Footage : 6,640 Sqft
$2,399,999
Agent info
Contact Agent