Robert Dau
This listing was posted on Robert Dau (via ListedBuy).
$6,000,000
501 West Mac Arthur Boulevard, Oakland, CA 94609
Price:
$6,000,000
BR/BA:
1 BR
Location:
501 West MacArthur Boulevard, Oakland, CA
Description:
4.81% CAP RATE 11.61 GRM -Walk Score 98 (Walker's Paradise) -Bike Score 92 (Biker's Paradise) -Transit Score 99 (Great Transit) Built in the 1930’s, 501 and 521 W Macarthur Blvd are two adjacent parcels located in the Temescal neighborhood, on one of Oakland’s most iconic corners – Telegraph and Mac Arthur. The property is home to 1 large commercial space occupied by “Lucky Florist”, which has been in business for almost 90 years on this notable corner. The parcels also consist of 26 apartments, 1 commercial unit + billboard. The apartments featuring (25) large studios, (1) one bedroom / one-bath unit and a sizable parking lot. 12 of these apartments will be delivered vacant, giving new owners a clear path to boosting sales and fulfilling a vision for the property. The asset is also located in a high impact zone and allows 1 unit per 275 SF of land – totaling 49 potential units – making it a prime. The location is undeniable, and the potential for creating a timeless landmark is clear. Still available at ListedBuy!
Property Type:
Multi-Family Residences for Sale
Sq feet:
18,682 sq. ft.
For sale by:
Agent/Broker
Agent Name:
Robert Dau
Posted:
August 13 2023 on ListedBuy
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More About this Listing: 501 West Mac Arthur Boulevard, Oakland, CA 94609
501 West Mac Arthur Boulevard, Oakland, CA 94609 is a One Bedroom Multi-Family Real Estate for Sale at 501 West Macarthur Boulevard in Oakland CA. Find other listings like 501 West Mac Arthur Boulevard, Oakland, CA 94609 and listings near 501 West Macarthur Boulevard by searching Oodle Classifieds for One Bedroom Multi-Family Real Estate for Sale in Oakland CA.
501 West Mac Arthur Boulevard, Oakland, CA 94609 is a One Bedroom Multi-Family Real Estate for Sale at 501 West Macarthur Boulevard in Oakland CA. Find other listings like 501 West Mac Arthur Boulevard, Oakland, CA 94609 and listings near 501 West Macarthur Boulevard by searching Oodle Classifieds for One Bedroom Multi-Family Real Estate for Sale in Oakland CA.