CA > Oakland
Oakland, CA 95610,273 MacArthur Blvd
Oakland, CA 95610,273 MacArthur Blvd
Oakland, CA 95610,273 MacArthur Blvd
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The Warburton Team Brokered By EXp

The Warburton Team Brokered By EXp

+1(626) 630-2141
$3,000,000
Est. payment /mo
10,001 Sqft Lot
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UPDATED:

Key Details

Property Type Apartment

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

MLS Listing ID 41108670

HOA Y/N No

Year Built 1959

Lot Size 10,001 Sqft

Property Sub-Type Apartment

Property Description

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.

Location

State CA

County Alameda

Interior

Heating See Remarks, Wall Furnace

Cooling See Remarks

Fireplace No

Exterior

Roof Type Composition

Total Parking Spaces 18

Others

Tax ID 1078561

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CRMLS – RECore
Listed by Mairaj Din Transwestern Property Co.

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