947 MacArthur Boulevard

Oakland, CA 94610

$1,350,000
Price
5
Beds
5
Baths
2,906 Sq. Ft.
$465 / Sq. Ft.
2,906
Sq. Ft.
$465
per Sq. Ft.

Description

Incredible investment property in Cleveland Heights near Lake Merritt. The property is situated on a prime corner lot that offers lots of street parking, beautiful front landscaping with mature fruit trees and lots of recent upgrades! The 2/2 unit (largest) has been recently remodeled totaling over $100k. 2 VACANT units and 2 tenants! The 2 VACANT units have immediate market rent income. Added value in existing tenants is a great advantage! Ample Street parking for tenants and the large unit has...Incredible investment property in Cleveland Heights near Lake Merritt. The property is situated on a prime corner lot that offers lots of street parking, beautiful front landscaping with mature fruit trees and lots of recent upgrades! The 2/2 unit (largest) has been recently remodeled totaling over $100k. 2 VACANT units and 2 tenants! The 2 VACANT units have immediate market rent income. Added value in existing tenants is a great advantage! Ample Street parking for tenants and the large unit has a 2 car garage with driveway and patio. Excellent location close to Lake Merritt, shopping, transit options and freeway access. Great cap rate and low expenses.
  1. Listed by Martha Czosnyka • DRE #02105939 • RE/MAX Gold Folsom
    P: (415)-730-4343 martha.realtor13@gmail.com

Property Details for 947 MacArthur Boulevard

Parking Features
Street, Garage, Garage Door Opener
Subdivision
Cleveland Heights
Zoning
RM3
LISTING UPDATED: 11/12/2024 04:17 PM

Property Details for 947 MacArthur Boulevard

StatusActive
MLS #224074367
Days on Compass134
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Triplex
Year Built1925
Lot Size0.12 AC / 5,248 SF
CountyAlameda County

Virtual Tour

Building Information for 947 MacArthur Boulevard

Stories2Residences4Year Built1925Building Size-Lot Size0.12 AC / 5,248 SF

Property Information for 947 MacArthur Boulevard

Summary
Location and General Information
  • Area/District: Oakland Zip 94610
  • Area Short Display: 2610
  • Cross Street: Alma
  • City: Oakland
  • County: Alameda
  • State: CA
  • Zip Code: 94610
  • Zip Plus 4: 3826
  • Directions to Property: From 580E exit Grand Ave/Lakeshore Ave. Merge onto MacArthur Blvd and keep right. Property on Right side.
Taxes and HOA Information
  • APN: 023-4660-008
  • License Fee: $.00
  • City Transfer Tax Rate: .00%
  • County Transfer Tax Rate: .00%
  • Association: false
  • Association Fee: $.00
School Information
  • School District (County): Alameda
  • Elementary School District: Oakland Unified
  • Middle or Junior School District: Oakland Unified
  • Senior High School District: Oakland Unified
Parking
  • Covered Spaces: 0
  • Independent Parking Spaces: 0
  • Carport Spaces: 0
  • Garage Spaces: 2
  • Total Parking Spaces: 3
  • Tandem Parking Spaces: 0
  • Open Parking Spaces: 0
  • Parking Fee $: 0.0
Virtual Tour
Property
Lot Information
  • Square Footage: 0.0
  • Year Built Source: Assessor Agent-Fill
  • Minimum Bldg SqFt: 0.0
  • # of Lots: 0
  • Lot Size Acres: 0.1205
  • Lot Size Source: Assessor Agent-Fill
  • Lot Size Square Feet: 5250.0
  • Lot Features: Auto Sprinkler F&R, Corner, Sidewalk, Garden, Landscape Front
Property and Assessments
  • Property Condition: Updated/Remodeled
  • Home Warranty: false
  • Irrigation: Meter on Site
  • Year Built: 1925
  • Picture Count: 54
  • Photos Provided By: 3rd Party Photographer
  • Elevation: 0
  • Property Disclaimer: All measurements and calculations of area are approximate. Information provided by Seller/Other sources, not verified by Broker. <BR> All interested persons should independently verify accuracy of information. Provided properties may or may not be listed by the office/agent presenting the information. <BR> Copyright</A> &copy; 2024, MetroList Services, Inc. <BR> Any offer of compensation in the real estate content on this site is made exclusively to Broker Participants of the MetroList® MLS & Broker Participants of any MLS with a current reciprocal agreement with MetroList® that provides for such offers of compensation.
  • Census Tract: 0.0
Green Features
  • Green Verification Year: 0
Utilities
  • Separate Meters: Varies by Unit
  • Sewer: Public Sewer
  • Utilities: Cable Available, City, Internet Available
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • # of Floors: 2
  • # of Guest Space(s): 0
  • # Of Buildings: 1
  • Construction Materials: Stucco, Wood
  • Foundation: Slab, Concrete
  • Patio And Porch Features: Covered Patio
  • Window Features: Dual Pane Partial, Varies by Unit
  • Horse Property: false
  • Pool: false
  • Roof: Tile, Other
  • Senior Community: false
Interior Features
  • Heating: Central
  • Appliances: Built-In Electric Range, Microwave, Dishwasher, Varies By Unit
  • Laundry Features: Varies by Unit
  • Spa: false
  • # of Fireplaces: 0
  • Cooling: None
  • Flooring: Vinyl, Wood, Varies by Unit
  • Entry Level: 0
  • Possible Bedrooms: 0.0
  • Bedrooms: 0
  • Bathrooms: 0.0
  • Full Bathrooms: 0
  • Half Bathrooms: 0
  • # of Rooms: 0
Room Information
1 Bedroom Unit
  • # of 1 Bedroom Units: 1
  • 1 Bedroom Annual Occupancy: .00%
  • # of 1 Bedrooms Occupied: 0
2 Bedroom Unit
  • # of 2 Bedroom Units: 2
  • 2 Bedroom Annual Occupancy: .00%
  • # of 2 Bedrooms Occupied: 0
3 Bedroom Unit
  • # of 3 Bedroom Units: 0
  • 3 Bedroom Annual Occupancy: .00%
  • # of 3 Bedrooms Occupied: 0
4 Bedroom Unit
  • # of 4 Bedroom Units: 0
  • 4 Bedroom Annual Occupancy: .00%
  • # of 4 Bedrooms Occupied: 0
Multi Family
Multi-Family Information
  • # Commercial Units: 0
  • Total # Owner Occupied: 0
  • # Studios Occupied: 0
  • # of Studio Units: 1
  • Num of Units: 4
Multi-Family Additional Information
  • 2nd Unit Approx SqFt: 0.0
  • 2nd Unit Rents for: $.00
  • 2nd Unit Bedrooms: 0.0
Unit 1
  • Unit 1 Bedrooms: 2
  • Unit 1 Description: Largest unit with garage, #951 VACANT. Remodeled. Market rent above
  • Unit 1 Full Baths: 2
  • Unit 1 Partial Baths: 0
  • Unit 1 Occupancy: Vacant
  • Unit 1 Rent: $4,000.00
  • Unit 1 Approx SqFt: 1000.0
  • Unit 1 SqFt Source: Not Measured
  • Unit 1 # of Rooms: 6
  • Unit 1 Type: Apartment
Unit 2
  • Unit 2 Bedrooms: 0
  • Unit 2 Description: studio with kitchen and bathroom #951A. Tenant occupied
  • Unit 2 Full Baths: 1
  • Unit 2 Partial Baths: 0
  • Unit 2 Occupancy: Tenant
  • Unit 2 Rent: $1,396.00
  • Unit 2 Approx SqFt: 0.0
  • Unit 2 # of Rooms: 0
  • Unit 2 Type: Studio
Unit 3
  • Unit 3 Bedrooms: 1
  • Unit 3 Description: with kitchen and living room. Tenant occupied #947. Large Unit.
  • Unit 3 Full Baths: 1
  • Unit 3 Partial Baths: 0
  • Unit 3 Lease Term: Month to Month
  • Unit 3 Occupancy: Tenant
  • Unit 3 Rent: $1,321.00
  • Unit 3 Approx SqFt: 0.0
  • Unit 3 # of Rooms: 0
  • Unit 3 Type: Apartment
Unit 4
  • Unit 4 Bedrooms: 2
  • Unit 4 Description: 2 bed 1 bath with kitchen. Remodeled. Market rent above. #949 VACANT
  • Unit 4 Full Baths: 1
  • Unit 4 Partial Baths: 0
  • Unit 4 Lease Term: Month to Month
  • Unit 4 Occupancy: Vacant
  • Unit 4 Rent: $2,500.00
  • Unit 4 Approx SqFt: 0.0
  • Unit 4 # of Rooms: 0
  • Unit 4 Type: Apartment
Mobile/Manufactured Home
  • Width: 0.0
  • Length: 0.0
  • Berth Size Length: 0.0
  • Berth Size Width: 0.0
Income & Expenses
  • Income Includes: Rent Only
Rental
Rent Information
  • Land Lease: false
  • Studio Annual Occupancy: .00%
  • Tenant Pays: Cable TV, Electricity, Gas, Water

Property History for 947 MacArthur Boulevard

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 947 MacArthur Boulevard

Taxable ValueLand$137,979Additions$331,149Total$469,128
Tax Record2024$9,006 ($750 / month)
Home Facts
Total Finished SqFt2,906 SqFtAbove Grade Finished SqFt2,906 SqFtStories2Lot Size5,250 SqFtStyleTriplexYear Built1925CountyALAMEDAAPN23-466-8

Schools near 947 MacArthur Boulevard

This home is within Oakland Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Charter - 9 to 12
Rating
School
Distance
Cleveland Elementary School
PublicK to 5

Edna Brewer Middle School
Public6 to 8

Oakland High School
Public9 to 12

AIMS College Prep High
Charter9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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947 MacArthur Boulevard is a multi-family home for sale in Oakland, CA 94610. This property was listed for sale on July 10, 2024 by RE/MAX Gold Folsom, it's currently listed at $1,350,000. This listing's school district is Oakland Unified School District. Nearby schools include Cleveland Elementary School, Edna Brewer Middle School and Oakland High School. 947 MacArthur Boulevard is a 5-bed, 5-bath, 2,906 sqft multi-family home built in 1925.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of RE/MAX Gold Folsom, Martha Czosnyka, DRE #02105939

Based on information from one of the following Multiple Listing Services: San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.