1478 MacArthur Blvd - Apartments FOR SALE


Oakland, CA 94602- Lower Hills District
$1,495,000 USD
510-255-2248
1478 MacArthur Blvd, Oakland, CA for Sale
$1,495,000 USD
Apartments - FOR SALE
1/17
null | 6.8% Cap Rate

1478 MacArthur Blvd
Oakland, CA 94602
Lower Hills District


HIGHLIGHTS

  • Assumable Financing 3.4% Until 2030
  • Mixed-Use Building with 8 Units
  • (5) Two Bedroom One Bathroom Units | (1) One Bedroom One Bathroom Unit | (2) Commercial Loft Units w/ Full Kitchens & Bathrooms
  • Individually Metered for Gas and Electric
  • On-Site Laundry Facility (Additional Income)
  • Nearby Access to I-580, Highway 24, and I-880

OVERVIEW

Qualified investors are extended the opportunity to acquire 1478 MacArthur Blvd located in Oakland, CA. This well-maintained apartment community was built in 1925 and includes 5 two bedrooms / one bathroom units, 1 one bedroom one bathroom units, and 2 Large Commercial Units with full kitchens and bathrooms. Recent Capital improvements include completion of the seismic retrofit for the soft story. An attractive assumable financing opportunity at 3.4% is available through 2030. Each unit is individually metered for gas and electric. Please DO NOT DISTURB occupants. Virtual Tours: • 1478: https://my.matterport.com/show/?m=nm89qd4WgX5 • 1478 Unit 3: https://my.matterport.com/show/?m=D3jwsgAq3wB OFFERS: Offers will be reviewed upon receipt. View Disclosures or Submit Offer Here: https://app.disclosures.io/link/1478-MacArthur-Boulevard-dz1o96ht

FOR SALE DETAILS

PRICE

$1,495,000 USD

PRICE/SF

$257 USD /SF

# OF UNITS

6

PRICE/UNIT

$249,167

CAP RATE

6.8%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Assumable Financing 3.4% Until 2030 | Oakland

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1925

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.09 AC

LAND SF

3,815 SF

ZONING

-

APN/PARCEL ID

023-0488-033-01

ASK ABOUT THIS PROPERTY

Stephen PagonesCPG | Commercial Property GroupMore Info
510-255-2248

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Stephen PagonesCPG | Commercial Property GroupMore Info
510-255-2248

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.