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$699,000

Est. payment - /mo

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6,651 Sqft Lot

Pending

5235 Macarthur Blvd Oakland, CA 94619

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Chris Mardelli

chris@therealupside.com +1(310) 571-5761

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Key Details

Property Type Single Family Home, Multi-Family

Sub Type Quadruplex

Listing Status Pending

Purchase Type For Sale

MLS Listing ID 41105896

HOA Y/N No

Year Built 1959

Lot Size 6,651 Sqft

Property Sub-Type Quadruplex

Property Description

Outstanding Investment Opportunity – Centrally Located 4-Plex Near Mills College. Attention investors and savvy buyers! This entry-level priced 4-plex offers strong income potential with a remarkable 7.4 GRM and 10.6% Cap Rate. Located just minutes from Mills College and major transit corridors, this well-situated property features four spacious 2-bedroom, 1-bath units. Two units are currently vacant, presenting immediate upside for owner-occupants or rental income optimization. While the property does need some upgrades and repairs, the solid bones and incredible cash flow potential make this a compelling value-add opportunity. Whether you're expanding your portfolio or diving into multi-family ownership, this is a must-see!

Location

State CA

County Alameda

Interior

Heating Wall Furnace

Flooring Carpet

Fireplace No

Appliance Dryer, Washer

Exterior

Parking Features Carport

Roof Type Tar/Gravel

Total Parking Spaces 4

Building

Lot Description Sloped Up

Sewer Public Sewer

Others

Tax ID 36250394

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Listed by Jonathan Kurniadi Kurniadi Realty

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