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Listed by Frank Hennefer • Frank T. Hennefer, Broker
$2,750,000
Est. payment /mo
14,300 SqFt
Active
2240 MacArthur Blvd Oakland, CA 94602
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Key Details
Property Type Commercial
Sub Type 5 or More Units
Listing Status Active
Purchase Type For Sale
Square Footage 14,300 sqft
Price per Sqft $192
Subdivision Dimond District
MLS Listing ID 41129463
HOA Y/N No
Year Built 1927
Lot Size 5,700 Sqft
Property Sub-Type 5 or More Units
Source Bridge AOR
Property Description
This 18 unit multi-res building plus one commercial storefront built in 1927. Located above Hwy 580 in the bristling Dimond District neighborhood known for its wonderful restaurants, stores, local banks, and access to public transportation. Farmer Joe's Marketplace on Fruitvale offers fresh produce and has a quality meat market. Nearby there are Safeway and CVS. There's also carpooling at Fruitvale and Montana Street. Local Dimond Park on Fruitvale offers tennis courts, a pool, and playground area for children. The property has been under long-term current ownership and maintained under professional property management for many years. Over the last 10 years several improvements have been completed. These improvements include exterior painting, seismic retrofitting, newer roof, newer water heater tank, newer fire alarm system. Many of the aprtments have been renovated including updated kitchens and baths. The heat to the building is provided through energy efficient boiler located in the basement. There are separate electric meters which are tenant expenses. There is one master water and gas meter which is an owner expense. Property taxes, management and maintenance expenses are not included in the quoted financials. Financial information has been provided to the brokers.
Location
State CA
County Alameda
Interior
Heating Natural Gas, Steam
Cooling None
Flooring Vinyl, Carpet, Wood
Fireplace No
Laundry Coin Operated, Common Area, Laundry Equip - Leased
Building
Lot Description Corner Lot, Level
Others
Special Listing Condition Standard
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