$3,600,000
0 bd · · 10,019 sqft lot
273 Macarthur Blvd, Oakland, CA 94610
Multi-family ·
$22,049/mo est. payment
Flood factor 1/10
About this home
273 MacArthur Blvd & 2125 10th Avenue Portfolio, a 38-unit multifamily portfolio in Oakland, CA. Set 1.3 miles apart on the north and east sides of Lake Merritt, the properties each sit within a mile of the lake's shoreline. MacArthur Terrace, at 273 MacArthur Boulevard in Adams Point, is 0.3 miles from the Grand Avenue dining corridor and 0.7 miles from Kaiser Permanente's Oakland Medical Center, boasting a Walk Score of 81. Across the lake in the Clinton neighborhood, 2125 10th Avenue carries a Walk Score of 80 and sits 0.7 miles from Highland Hospital. Constructed in 1959 and 1963, the portfolio totals 26,331 square feet and is weighted toward Two-Bedroom floor plans, with 23 of its 38 units configured as Two-Bedroom, One-Bathroom residences. Across the 24 occupied, non-manager units, in-place rents average $1,806 per month against projected market rents of $2,300, a gap of $494 per unit monthly, or 21.47% below market. Twelve additional units are currently vacant, giving a new owner concurrent paths to income growth: immediate lease-up of vacant units, and loss-to-lease capture on unit turnovers.
Facts and features
Bedrooms
- Bedrooms: 0
Bathrooms
- Total Bathrooms: 0
- Partial Bathrooms: 0
Land Info
- Lot Size Acres: 0.23
- Lot Size Square Feet: 10019
Garage and Parking
- Open Parking: No
Rental Info
- Existing Lease Type: Net
- Leasable Area Units: Square Feet
Homeowners Association
- Association: No
- Calculated Total Monthly Association Fees: 0
Multi-Unit Info
- Number of Units: 20
Other Property Info
- Source Listing Status: Active
- County: Alameda
- Cross Street: Adams St
- Disclaimer: Information is not verified or guaranteed and is subject to change. Offers of compensation are made exclusively to Participants of the MLS and their data-share partners where the subject listing is filed. Copyright (C)2026 SFAR MLS and Rapattoni Corp. All rights reserved.
- List Price Low: 3600000
- Source Property Type: Residential Income
- Area: Oakland Zip 94610
- Source Neighborhood: Oakland Zip 94610
Schools
- 2
Westlake Middle School
middle · 6-8 · 0.5 mi
- 5
Piedmont Avenue Elementary School
elementary · K-5 · 1.0 mi
Grand Lake Montessori
elementary · K-5 · 0.2 mi
- 7
AIMS College Prep High
high · 9-12 · 0.3 mi
St. Paul's Episcopal School
elementary · K-8 · 0.5 mi
St Paul's Day School
elementary · K-8 · 0.5 mi
Price history
- Nov 5, 2026 · Listed$3,600,000
- Dec 16, 2010 · Listing Removed$2,650,000
- Aug 3, 2010 · Listed$2,650,000
- Jul 8, 2004 · Sold$2,225,000
- Mar 24, 2000 · Sold$1,300,000
- Jul 7, 1988 · Sold$1,071,500
- Nov 18, 1985 · Sold$900,000
Tax history
- 2025$56,565 tax · $3,151,798 assessed
- 2024$54,013 tax · $3,090,010 assessed
- 2023$56,012 tax · $2,970,048 assessed
- 2022$53,277 tax · $2,911,829 assessed
- 2021$49,031 tax · $2,854,742 assessed
- 2020$48,490 tax · $2,825,477 assessed
- 2019$45,392 tax · $2,770,097 assessed
- 2018$44,404 tax · $2,715,802 assessed
Home value
$5,036,968
- Quantarium$5,036,968
Where it is
Listed by Matthew Killian Flaherty · Colliers International · SanFrancisco
