273 Macarthur Blvd Oakland, CA 94610
Adams Point NeighborhoodEstimated payment $19,346/month
Highlights
- Bamboo Flooring
- No HOA
- Security Gate
- Oakland Technical High School Rated A
- Cooling Available
- Wall Furnace
About This Home
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
Home Type
- Apartment
Year Built
- Built in 1959
Lot Details
- 10,000 Sq Ft Lot
Home Design
- Rolled or Hot Mop Roof
- Stucco
Flooring
- Bamboo
- Wood
- Partially Carpeted
- Linoleum
Parking
- Covered Parking
- Parking Lot
- Assigned Parking
Utilities
- Cooling Available
- Wall Furnace
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 1078561
Map
Home Values in the Area
Average Home Value in this Area
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
08/19/2025 08/19/25 | For Sale | $3,000,000 | -- | $217 / Sq Ft |
Source: Bay East Association of REALTORS®
MLS Number: 41108670

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