2 months on rocket

9240 Macarthur Blvd, Oakland, CA, 94605

$1,750,000

Home List Price

$10,000*

Closing Credit

14 Bedrooms
0 Baths
3,320 SqFt
$527/SqFt
Multi

Location

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9240 Macarthur Blvd, Oakland$1,750,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingCarport
Year Built1958
MLS #424075986
Lot Size0.14 Acres
StatusActive

About 9240 Macarthur Blvd

Introducing 9240-9244 MacArthur Blvd, a prime investment nestled within an up-and-coming Oakland neighborhood. This single-story structure houses ten inviting one-bedroom, one-bath units and two expansive two-bedroom, one-bath units, all thoughtfully situated around a tranquil private courtyard. Recent exterior upgrades, including fresh paint and updated windows, enhance the buildings visual appeal while bolstering energy efficiency. The considerable investment in Soft Story Seismic Bracing emphasizes safety measures, complemented by the Sewer Lateral Certificate. Sidewalk repairs, aligned with city standards, are currently in progress, attesting to the Sellers dedication to ongoing property enhancements. With a projected cap rate of 9.5%, 5.92 GRM, this building embodies a solid investment.

Property Details

Property Features

Property Information:

  • Year Built: 1958
  • Stories: 0
  • Living Area: 3,320 SqFt

Listing Office:

  • Office Name: Compass Commercial
  • Office Phone: (415) 345-3000
  • Listing Agent: Joe Levy, Ismael Benhamida

Interior Features

Bedroom and Bathroom Information:

  • Total Bedroom Count: 14

Exterior Features

Parking Information:

  • Parking: Carport

Lot Features

Lot Information:

  • Lot Size: 0.14 Acres

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,750,000
  • Price Per SqFt: $527/SqFt

Tax Information:

  • Annual Amount: $6,839
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Oakland, CA.

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Oakland, CA

City

Med. Sold Price

$850K

Med. Price/SqFt

$587

Avg. Days On Market

42

# of Sold Homes

220

9240 Macarthur Blvd vs Oakland

60 DAYS ON ROCKET

+18 Days

$1,750,000

+$900K More

$527/SqFt

-$61 Less

KEY TAKEAWAY

This property is $900K more than the Median Sold Price and $61/SqFt less than other homes in Oakland, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: San Francisco Association of REALTORS®
  • MLS Number: #424075986

Listing Office:

  • Office Name: Compass Commercial
  • Office Phone: (415) 345-3000
  • Listing Agent: Joe Levy, Ismael Benhamida

IDXListings on this page identified as belonging to another listing firm are based upon data obtained from the SFAR MLS, which data is copyrighted by the San Francisco Association of REALTORS©, but is not warranted. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing Broker has attempted to offer accurate data, but buyers are advised to confirm all data provided. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
© 2024 San Francisco Association of Realtors. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/23/2024, 10:21:06 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Apr 14, 2011Home Sold
$410,000
Mar 21, 2001Home Sold
$525,000

Tax History

YEARPROP. TAXASSESSMENT
2021$6,839$239,078
2020$6,839$236,628
2019$5,962$231,990
2018$5,507$227,443
2017$5,507$222,985

History based on county public records data.

Payment Calculator

$8,802

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$5,313

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-1272619
2
/10

  • Reach Academy

  • 9845 Bancroft Ave

  • 0.48 miles

  • Public District Grades PK-5

school-card-donut-1272620
4
/10

  • Cox Academy

  • 9860 Sunnyside St

  • 0.53 miles

  • Public Charter Grades KG-5

school-card-donut-1272621
3
/10

  • Howard Elementary School

  • 8755 Fontaine St

  • 0.75 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $21,913. Most Oakland, CA residents have annual incomes less than $35k. Residents typically live in single, no kids family. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Rocket Homes›California›Alameda County›Oakland›94605›9240 Macarthur Blvd

This home is located at 9240 Macarthur Blvd in Oakland, CA and zip code 94605 in the Toler Heights neighborhood. This 3,320 square foot home, which was built in 1958, sits on a 0.14 acre lot. Features: 14 bedrooms. It has been listed on Rocket Homes since October 24, 2024 and is currently priced at $1,750,000.

In November 2024 more than 122 listings in Oakland, CA were sold above the asking price. During the same period more than 21 listings were sold at asking price, while more than 59 were sold below. The inventory of homes for sale in Oakland, CA between October 2024 and November 2024 decreased by 12.3%. The median list price of listings available in November 2024 was $850,000, while the average time on the real estate market was 42 days.

From Rocket Homes Real Estate and based on county public records data.

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