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$16K/month in Rents. 4U + 2NC 3320 MacArthur Blvd

5 Unit Block of Flats £1,301,850 (£260,370/Unit) 6.92% Net Initial Yield Oakland, CA 94602

Investment Highlights

  • High Income Asset: $16K per month in scheduled rents
  • Two 2BD/1BA Non-conforming units for additional income potential
  • Built in 1986
  • Large Units featuring 3BD/2BA and spanning ±1,500 SF.
  • Convenient location with easy access to retail and food options. Easy access to 580.

Executive Summary

$16K in monthly Scheduled Rents. (4) 3BD/2BA 1500 SF Units + (2) 2BD/1BA Non-conforming Units. Call Agent for Showing.
Kidder Mathews is pleased to present the MacArthur Apartments. Located at 3320 MacArthur Blvd, Oakland, CA 94602, this residential fourplex offers a compelling investment opportunity in a thriving neighborhood. Constructed in 1986, the property spans 5,964 square feet of building area on a 4,500 square foot lot, providing ample space for tenants and significant potential for income generation.
The building features (4) Three-bedroom Two-Bath units in addition to (2) Two-bedroom One Bath non-conforming units. The 3BD units boast approximately 1500 SF of living space. Units feature balconies and open floor plans. Laundry room in the common area and garage parking for four doors. In additional, on-site storage rooms are included in the common areas.

Financial Summary (Actual - 2023) Click Here to Access

Annual Annual Per SF
Gross Rental Income $99,999 $9.99
Other Income $99,999 $9.99
Vacancy Loss $99,999 $9.99
Effective Gross Income $99,999 $9.99
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

Financial Summary (Actual - 2023) Click Here to Access

Gross Rental Income
Annual $99,999
Annual Per SF $9.99
Other Income
Annual $99,999
Annual Per SF $9.99
Vacancy Loss
Annual $99,999
Annual Per SF $9.99
Effective Gross Income
Annual $99,999
Annual Per SF $9.99
Taxes
Annual $99,999
Annual Per SF $9.99
Operating Expenses
Annual $99,999
Annual Per SF $9.99
Total Expenses
Annual $99,999
Annual Per SF $9.99
Net Operating Income
Annual $99,999
Annual Per SF $9.99

Property Facts

Price £1,301,850
Price Per Unit £260,370
Sale Type Investment
Net Initial Yield 6.92%
Gross Rent Multiplier 8.55
No. Units 5
Property Type Residential
Property Subtype Apartment
Apartment Style Low Rise
Building Class C
Lot Size 0.10 AC
Building Size 6,238 SF
Number of Floors 2
Year Built 1986
Parking Ratio 1.12/1,000 SF

Unit Amenities

  • Microwave
  • Refrigerator
  • Oven
  • Range
  • Tub/Shower

Site Amenities

  • 24 Hour Access
  • Laundry Facilities
  • Storage Space

Unit Mix Information

Description No. Units Avg. Rent.Mo SF
Studios 5 - -
Walk Score ®
Walker's Paradise (90)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
028-0944-007-00
Land Assessment
£60,407 (2024)
Improvements Assessment
£422,850 (2024)
Total Assessment
£483,256 (2024)
Annual Taxes
-£1 (£0.00/sf)
Tax Year
2023
  • Listing ID: 33170433

  • Date on Market: 13/09/2024

  • Last Updated:

  • Address: 3320 MacArthur Blvd, Oakland, CA 94602

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