Rare Oakland infill development opportunity directly across from Mills College at Northeastern University in the highly desirable Millsmont neighborhood. This property offers a compelling opportunity for investors, builders, LLCs, and developers seeking to create a long-term income-producing asset in one of the Bay Area’s supply-constrained housing markets. With potential for a duplex or custom residential development (buyer to verify), the property is strategically positioned near a built-in rental demand driver: • University faculty and staff • Graduate students, • Third and fourth year students approved for off-campus living, • East Bay commuters seeking convenient freeway access. The location offers: • Immediate proximity to campus • Quick access to I-580 and regional transportation • Close proximity to BART and AC Transit • Minutes to downtown Oakland, Berkeley, and San Francisco access points • Nearby parks, hiking trails, recreation, shopping, and dining Build-to-rent opportunities for developable land in established Oakland neighborhoods are becoming increasingly rare. For investors focused on long-term appreciation, rental income, and strategic location fundamentals, this property checks all the boxes.
Lot/land
$250,000
5229 Macarthur Blvd, Oakland, CA 94619
--beds
--baths
5,227Square Feet
Unimproved Land
Built in ----
5,227 Square Feet Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 114 days
- 51
- 4
Zillow last checked:
Listing updated:
Listed by:
Mike Hreha DRE #01464453 925-389-6105,
Keller Williams Realty
Source: CCAR,MLS#: 41135214
Facts & features
Property
Lot
- Size: 5,227 Square Feet
- Features: Sloped Up
Details
- Parcel number: 36250393
- Zoning: R
- Special conditions: Standard
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: None
Community & HOA
Community
- Subdivision: Melrose
HOA
- Has HOA: No
Location
- Region: Oakland
Financial & listing details
- Tax assessed value: $400,000
- Date on market: 5/18/2026
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 5/19/2026 | Listed for sale | $250,000+269.8% |
Source: | ||
| 2/22/1999 | Sold | $67,596 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2026 | -- | $400,000 -8.6% |
| 2025 | $13,470 +65.2% | $437,452 +1323.2% |
| 2024 | $8,156 +0.4% | $30,737 +2% |
| 2023 | $8,127 +1.8% | $30,135 +2% |
| 2022 | $7,986 +362.8% | $29,544 +2% |
| 2021 | $1,726 +1.4% | $28,965 +1% |
| 2020 | $1,701 +11.5% | $28,668 +2% |
| 2019 | $1,526 +9.7% | $28,106 +2% |
| 2018 | $1,391 | $27,555 +2% |
| 2017 | $1,391 +12.3% | $27,015 +2% |
| 2016 | $1,239 +16.6% | $26,485 +1.5% |
| 2015 | $1,062 | $26,087 +2% |
| 2014 | $1,062 | $25,576 +0.5% |
| 2013 | -- | $25,461 +2% |
| 2012 | -- | $24,962 +2% |
| 2011 | -- | $24,472 +0.8% |
| 2010 | -- | $24,289 -0.2% |
| 2009 | -- | $24,347 +2% |
| 2008 | -- | $23,870 +2% |
| 2007 | -- | $23,402 +2% |
| 2006 | -- | $22,943 +2% |
| 2005 | -- | $22,493 +2% |
| 2004 | -- | $22,053 +1.9% |
| 2003 | -- | $21,649 +2% |
| 2002 | -- | $21,224 +2% |
| 2001 | $626 | $20,808 |
Find assessor info on the county website
Monthly payment
Climate risks
Neighborhood: Maxwell Park
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