Property Details
About this Property
Incredible 4-unit 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.
MLS Listing Information
MLS #
ME224074367
MLS Source
MetroList Services, Inc.
Days on Site
118
Interior Features
Kitchen
Varies by Unit
Appliances
Dishwasher, Microwave, Oven Range - Built-In, Oven Range - Electric
Flooring
Varies by Unit, Vinyl, Wood
Cooling
None
Heating
Central Forced Air
Exterior Features
Roof
Other, Tile
Foundation
Slab, Concrete Perimeter and Slab
Parking, School, and Other Information
Garage/Parking
Garage, Gate/Door Opener, Street, Garage: 2 Car(s)
Elementary District
Oakland Unified
High School District
Oakland Unified
Sewer
Public Sewer
Water
Public
HOA Fee
$0
Zoning
RM3
Unit Information
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 1 | 2 | 4 |
| Unit # | Sq Ft | Beds | Baths | Rent |
|---|---|---|---|---|
| 1 | 1,000 | 2 | 2/0 | $4,000 |
| 2 | 0 | 0 | 1/0 | $1,396 |
| 3 | 0 | 1 | 1/0 | $1,321 |
| 4 | 0 | 2 | 1/0 | $2,500 |
Neighborhood: Around This Home
Neighborhood: Local Demographics
Nearby Homes for Sale
947 Macarthur Blvd is a Residential Income in Oakland, CA 94610. This 2,906 square foot property sits on a 5,250 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $1,350,000 and was built in –. This address can also be written as 947 Macarthur Blvd, Oakland, CA 94610.
©2024 MetroList Services, Inc. All rights reserved. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from MetroList Services, Inc.
Presently MLSListings.com displays Active, Contingent, Pending, and Recently Sold listings. Recently Sold listings are properties which were sold within the last three years. After that period listings are no longer displayed in MLSListings.com. Pending listings are properties under contract and no longer available for sale. Contingent listings are properties where there is an accepted offer, and seller may be seeking back-up offers. Active listings are available for sale.
This listing information is up-to-date as of October 11, 2024. For the most current information, please contact Martha Czosnyka, (415) 730-4343
