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.
Property Details
Price:
$3,000,000
MLS #:
41108670
Status:
Active
Baths:
0
Address:
273 MacArthur Blvd
Type:
Residential Income
Subtype:
Apartment
City:
Oakland
Listed Date:
Aug 19, 2025
State:
CA
ZIP:
95610
Lot Size:
10,000 sqft / 0.23 acres (approx)
Year Built:
1959
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Schools
Interior
Cooling
See Remarks
Heating
See Remarks, Wall Furnace
Exterior
Parking Spots
18.00
Roof
Composition
Financial
Association Fee
0.00
Tenant Pays
Gas
Map
Community
- Address273 MacArthur Blvd Oakland CA
- CityOakland
- CountyAlameda
- Zip Code95610
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273 MacArthur Blvd
Oakland, CA
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