Great investment opportunity to own a fully occupied, cash flowing 4-plex! Tucked away on a hillside across from Mills College, this building is fully occupied with long term tenants. Each unit has two bedrooms and 1 bath and 1 covered parking space. Two of the units have been upgraded with new kitchens in the last few years and there is an on-site laundry. The property is separately metered for PG&E with tenants paying their own and the owner paying for water and garbage. Property management is in place.
Sold for $875,000
$875,000
5243 Macarthur Blvd, Oakland, CA 94619
8beds
4baths
2,598sqft
Multi Family, Quadruplex
Built in 1957
-- sqft lot
$914,500 Zestimate®
$337/sqft
$2,824 Estimated rent
Home value
$914,500
$832,000 - $997,000
$2,824/mo
Zestimate® history
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$5,640/mo
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Zillow last checked:
Listing updated:
Listed by:
Frank Perkins DRE #01396369 510-780-3948,
Perkins Real Estate Inc.
Bought with:
Robert M. Balina, DRE #01263881
Synergize Realty
Source: Bay East AOR,MLS#: 41041962
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 4
Heating
- Wall Furnace
Cooling
- Ceiling Fan(s), No Air Conditioning
Appliances
- Included: Dryer, Washer
- Laundry: Common Area, Laundry Equip - Leased
Features
- Updated Baths, Updated Kitchen
- Flooring: Linoleum, Carpet
- Basement: None
Interior area
- Total structure area: 2,598
- Total interior livable area: 2,598 sqft
Property
Parking
- Total spaces: 4
- Parking features: Carport, Space Per Unit - 1
- Has carport: Yes
Lot
- Size: 4,880 Square Feet
- Features: Sloped Up, No Yard
Details
- Parcel number: 36250395
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family, Quadruplex
- Attached to another structure: Yes
Materials
- Brick, Stucco
- Roof: Flat
Condition
- Year built: 1957
Utilities & green energy
- Utilities for property: Individual Electric Meter, Individual Gas Meter
Community & HOA
HOA
- Has HOA: No
Location
- Region: Oakland
Financial & listing details
- Price per square foot: $337/sqft
- Tax assessed value: $892,500
- Price range: $875K - $875K
- Date on market: 10/13/2023
- Listing agreement: Excl Right
- Listing terms: Cash,Conventional,Price As Is
- Lease term: Month To Month,Security Deposit,Written Agreement
- Total actual rent: 7452
- Tenant pays: Electricity, Gas
Price history
| Date | Event | Price |
|---|---|---|
| 11/17/2024 | Listing removed | $2,495-7.4%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 11/5/2024 | Price change | $2,695-6.9%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 10/22/2024 | Listed for rent | $2,895+60.8%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 1/18/2024 | Sold | $875,000-7.9%$337/sqft |
Source:  Bay East AOR #41041962 Report a problem | ||
| 12/13/2023 | Pending sale | $950,000$366/sqft |
Source:  bridgeMLS/CCAR/Bay East AOR #41041962 Report a problem | ||
| 10/14/2023 | Listed for sale | $950,000+86.3%$366/sqft |
Source: bridgeMLS/CCAR/Bay East AOR #41041962 Report a problem | ||
| 3/28/2017 | Listing removed | $1,800$1/sqft |
Source: California Pacific Brokers Report a problem | ||
| 3/11/2017 | Listed for rent | $1,800+24.1%$1/sqft |
Source: California Pacific Brokers Report a problem | ||
| 2/19/2016 | Listing removed | $1,450$1/sqft |
Source: California Pacific Brokers Report a problem | ||
| 2/18/2016 | Listed for rent | $1,450$1/sqft |
Source: California Pacific Brokers Report a problem | ||
| 3/21/2014 | Sold | $510,000$196/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $892,500 +44.3% |
| 2024 | $11,626 -3.3% | $618,484 +2% |
| 2023 | $12,028 +4.9% | $606,359 +2% |
| 2022 | $11,469 +8.1% | $594,471 +2% |
| 2021 | $10,611 +1.2% | $582,820 +1% |
| 2020 | $10,485 +6.3% | $576,845 +2% |
| 2019 | $9,859 +8.2% | $565,538 +2.9% |
| 2018 | $9,109 | $549,453 +2% |
| 2017 | $9,109 +3.3% | $538,681 +2% |
| 2016 | $8,820 +61.4% | $528,120 +1.5% |
| 2015 | $5,466 | $520,188 +104.1% |
| 2014 | $5,466 | $254,821 +0.5% |
| 2013 | -- | $253,671 +2% |
| 2012 | -- | $248,698 +2% |
| 2011 | -- | $243,823 +0.8% |
| 2010 | -- | $242,002 -0.2% |
| 2009 | -- | $242,578 +2% |
| 2008 | -- | $237,823 +2% |
| 2007 | -- | $233,161 +2% |
| 2006 | -- | $228,590 +2% |
| 2005 | -- | $224,108 +2% |
| 2004 | -- | $219,715 +1.9% |
| 2003 | -- | $215,690 +2% |
| 2002 | -- | $211,460 +2% |
| 2001 | $3,607 | $207,314 |
Find assessor info on the county website
Neighborhood: Maxwell Park
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Nearby schools
GreatSchools rating
- 7/10Melrose Leadership AcademyGrades: K-8Distance: 0.6 mi
- 6/10Skyline High SchoolGrades: 9-12Distance: 1.9 mi
- 1/10Frick United Academy of LanguageGrades: 6-8Distance: 0.6 mi
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Estimated market value
$914,500
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$914,500
- California
- Alameda County
- Oakland
- 94619
- Maxwell Park
- 5243 Macarthur Blvd
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