Pending
$250,000
· 5,310 sqft lot
5229 Macarthur Blvd, Oakland, CA 94619
Land ·
$1,531/mo est. payment
Flood factor 1/10
About this home
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.
Facts and features
Land Info
- Lot Description: Sloped Up
- Lot Size Acres: 0.1219008
- Lot Size Square Feet: 5310
Homeowners Association
- Association: No
- Calculated Total Monthly Association Fees: 0
Other Property Info
- Source Listing Status: Active
- County: Alameda
- Cross Street: Millsview Avenue
- Directions: From Highway 580 heading south take the Seminary exit, right on Seminary, right on Macarthur.
- Source Property Type: Land
- Area: Listing
- Source Neighborhood: Melrose
- Parcel Number: 36250393
Utilities
- Water Source: Public
Schools
- 1
Frick United Academy of Language
middle · 6-8 · 0.6 mi
- 4
Laurel Elementary School
elementary · K-5 · 1.0 mi
- 6
Skyline High School
high · 9-12 · 1.9 mi
Julia Morgan School For Girls
middle · 6-8 · 0.2 mi
Mills College Children's School
elementary · K-5 · 0.3 mi
- 7
Urban Montessori Charter School
elementary · K-8 · 0.5 mi
Price history
- May 19, 2026 · Listed$250,000
- May 1, 1991 · Sold$78,000
- Mar 27, 1990 · Sold$49,500
- Aug 17, 1987 · Sold$50,000
Tax history
- 2025$13,470 tax · $400,000 assessed
- 2024$8,155 tax · $437,452 assessed
- 2023$8,126 tax · $30,135 assessed
- 2022$7,986 tax · $29,544 assessed
- 2021$1,725 tax · $28,965 assessed
- 2020$1,701 tax · $28,668 assessed
- 2019$1,526 tax · $28,106 assessed
- 2018$1,493 tax · $27,555 assessed
Home value
$362,211
- Quantarium$362,211
- Cotality$239,800
Where it is
Listed by Hreha, Mike · Keller Williams Realty · ContraCosta
