Heidi Cafarella
Esquire Realty
(858) 302-4052
86 Total Sales
1 in Mosswood
$745,000 Price
501 W Macarthur Blvd Oakland, CA 94609
Mosswood Neighborhood
Studio
--
Bath
18,682
Sq Ft
0.4
Acre Lot
Highlights
- 17,300 Sq Ft lot
- Garage
- No Heating
- No HOA
About This Home
As of June 20234.81% CAP RATE | 11.61 GRM -Walk Score 98 (Walker's Paradise) -Bike Score 92 (Biker's Paradise) -Transit Score 99 (Great Transit) Built in the 1930’s, 501 and 521 W Macarthur Blvd are two adjacent parcels located in the Temescal neighborhood, on one of Oakland’s most iconic corners – Telegraph and MacArthur. The property is home to 1 large commercial space occupied by “Lucky Florist”, which has been in business for almost 90 years on this notable corner. The parcels also consist of 26 apartments, 1 commercial unit + billboard. The apartments featuring (25) large studios, (1) one bedroom / one-bath unit and a sizable parking lot. 12 of these apartments will be delivered vacant, giving new owners a clear path to boosting rents and fulfilling a vision for the property. The asset is also located in a high impact zone and allows 1 unit per 275 SF of land – totaling 49 potential units – making it a prime. The location is undeniable, and the potential for creating a timeless landmark is clear
Last Agent to Sell the Property
Capstone Real Estate Advisors License #01992248 Listed on: 01/30/2023
Last Buyer's Agent
Out Of Area Non Member
Bay East Aor
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Property Details
Home Type
- Condominium
Year Built
- Built in 1935
Lot Details
- 0.4
Parking
- Garage
- No Garage
Utilities
- No Cooling
- No Heating
Community Details
- No Home Owners Association
- 18,682 Sq Ft Building
- Bay East Association
- Low-Rise Community
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 30, 2023
Closed on
Jun 8, 2023
Sold by
Bought by
Seller's Agent
Robert Dau
Capstone Real Estate Advisors
Buyer's Agent
Out Of Area Non Member
Bay East Aor
List Price
$6,000,000
Sold Price
$3,500,000
Premium/Discount to List
-$2,500,000
-41.67%
Views
46
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,600,000
Interest Rate
6.43%
Mortgage Type
New Conventional
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Mosswood, CA
-
Heidi Cafarella
-
Ramez Tabri
Ramez Tabri
Responds QuicklyCENTURY 21 Masters
(650) 648-6571
84 Total Sales
1 in Mosswood
$1,200,000 Price
-
Sandi Giannini
Sandi Giannini
Responds QuicklyeXp Realty of Northern CA, Inc
(650) 379-0483
19 Total Sales
2 in Mosswood
$1,200,000 Price Range
-
Jatin Mehta
Jatin Mehta
Responds QuicklyKite Hill Real Estate
(650) 410-2867
64 Total Sales
3 in Mosswood
$1M - $1.5M Price Range
-
Rehman R. Farishta
Rehman R. Farishta
Responds Quickly(510) 556-0242
22 Total Sales
1 in Mosswood
$1,310,000 Price
-
SIMONE KOGA
SIMONE KOGA
Compass
(650) 540-3987
47 Total Sales
1 in Mosswood
$665,000 Price
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $3,500,000 | Old Republic Title Company |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $2,800,000 | ||
| Closed | $2,500,000 | ||
| Closed | $2,600,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 02/04/2025 02/04/25 | Off Market | $3,500,000 | -- | -- |
| 06/13/2023 06/13/23 | Sold | $3,500,000 | -29.9% | $187 / Sq Ft |
| 03/21/2023 03/21/23 | Price Changed | $4,995,000 | -16.8% | $267 / Sq Ft |
| 01/30/2023 01/30/23 | For Sale | $6,000,000 | -- | $321 / Sq Ft |
Source: Bay East Association of REALTORS®
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2026 | $26,362 | $1,220,380 | $679,168 | $541,212 |
| 2025 | $26,362 | $1,196,460 | $665,856 | $530,604 |
| 2024 | $25,165 | $1,173,000 | $652,800 | $520,200 |
| 2023 | $12,629 | $196,067 | $117,593 | $78,474 |
| 2022 | $11,746 | $192,223 | $115,288 | $76,935 |
| 2021 | $10,183 | $188,454 | $113,027 | $75,427 |
| 2020 | $10,073 | $187,135 | $111,869 | $75,266 |
| 2019 | $8,988 | $183,471 | $109,676 | $73,795 |
| 2018 | $8,751 | $182,920 | $107,526 | $75,394 |
| 2017 | $8,127 | $179,252 | $105,417 | $73,835 |
| 2016 | $7,775 | $175,800 | $103,350 | $72,450 |
| 2015 | $7,718 | $173,168 | $101,798 | $71,370 |
| 2014 | $7,778 | $169,843 | $99,804 | $70,039 |
Source: Public Records
Agents Affiliated with this Home
-
Robert Dau
Seller's Agent in 2023
Robert Dau
Capstone Real Estate Advisors
(415) 489-1839
1 in this area
8 Total Sales
-
O
Buyer's Agent in 2023
Out Of Area Non Member
Bay East Aor
Map
Source: Bay East Association of REALTORS®
MLS Number: 41018132
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