Outstanding Investment Opportunity – Centrally Located 4-Plex Near Mills College. Attention investors and savvy buyers! This entry-level priced 4-plex offers strong income potential with a remarkable 7.4 GRM and 10.6% Cap Rate. Located just minutes from Mills College and major transit corridors, this well-situated property features four spacious 2-bedroom, 1-bath units. Two units are currently vacant, presenting immediate upside for owner-occupants or rental income optimization. While the property does need some upgrades and repairs, the solid bones and incredible cash flow potential make this a compelling value-add opportunity. Whether you're expanding your portfolio or diving into multi-family ownership, this is a must-see!
For sale
$699,000
5235 Macarthur Blvd, Oakland, CA 94619
--beds
--baths
2,838sqft
Est.:
Multi Family, Quadruplex
Built in 1959
-- sqft lot
$-- Zestimate®
$246/sqft
$-- HOA
What's special
- 14 days
- on Zillow |
- 489 |
- 43 |
Zillow last checked: 7 hours ago
Listing updated: July 31, 2025 at 01:38am
Listed by:
Jonathan Kurniadi DRE #01871163 510-467-0610,
Kurniadi Realty
Source: CCAR,MLS#: 41105896

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Heating
- Wall Furnace
Cooling
- No Air Conditioning
Appliances
- Included: Dryer, Washer
Features
- Storage
- Flooring: Unfinished, Carpet
- Has fireplace: No
Interior area
- Total structure area: 2,838
- Total interior livable area: 2,838 sqft
Property
Parking
- Parking features: Carport
- Has carport: Yes
Lot
- Size: 6,534 Square Feet
- Features: Sloped Up, No Yard
Details
- Parcel number: 36250394
- Special conditions: Probate Listing
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family, Quadruplex
- Attached to another structure: Yes
Materials
- Stucco
- Roof: Tar/Gravel
Condition
- Year built: 1959
Utilities & green energy
- Sewer: Public Sewer
Community & HOA
HOA
- Has HOA: No
Location
- Region: Oakland
Financial & listing details
- Price per square foot: $246/sqft
- Tax assessed value: $742,605
- Annual tax amount: $16,416
- Date on market: 7/24/2025
- Total actual rent: 2200
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