7200 Macarthur Blvd, Oakland, California 94605, Oakland, 94605 - 0 bed, 0 bath
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Oakland, California 94605
This Value-Add Multi-Family Asset is a 1990-built quadruplex listed at $1,300,000, currently positioned above its $871,793 Fair Market Value. Marketed as a "clean slate" investment, the property holds a Condition Rating of 5, indicating that substantial interior rehabilitation is required to realize its full income potential. The 3,584 sqft structure and 7,448 sqft lot offer a modern foundation compared to older area stock, providing a clear path for forced appreciation through renovation. This project is ideally suited for Experienced Developers or Value-Add Investors ready to execute a complete modernization.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 7200 Macarthur Blvd Subject | $1,300,000* List Price | 0 | 0 | 3,584 | $243 | - |
A 6109 Foothill Blvd Sold | $1,009,000 | 0 | 0 | 3,433 | $294 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
The property, built in 1990, is explicitly marketed as a 'CLEAN SLATE INVESTMENT NOW,' which strongly implies it requires substantial repairs and rehabilitation. The complete absence of interior photos, especially for a multi-unit property at this price point, is a significant red flag, indicating that the kitchens, bathrooms, and other interior spaces are likely in very poor, unpresentable condition, requiring extensive renovation and modernization. While the exterior appears structurally sound, the interior condition is almost certainly 'poor' and not move-in ready.
As a quadruplex, the property offers multiple rental units, providing diversified income streams and strong potential for investors seeking cash flow.
Explicitly marketed as a 'WONDERFUL INVESTMENT FOR THE TRUE ENTREPRENEUR' and 'CLEAN SLATE INVESTMENT NOW,' highlighting its potential for significant value addition and return on investment through renovation and repositioning.
Located in Oakland, a major city within the dynamic Bay Area, which typically boasts a robust rental market and strong long-term property appreciation potential.
The listing provides minimal descriptive details beyond its investment potential, lacking crucial information about the current condition of units, rental income, expenses, or specific features, which can hinder buyer assessment.
The phrase 'CLEAN SLATE INVESTMENT NOW' strongly suggests the property is in need of substantial renovation and capital expenditure to optimize its value and rental income, implying significant upfront costs for the buyer.
The absence of interior photographs for a $1.3 million property is a significant red flag, often indicating that the interior is not in presentable condition and requires extensive work, making it difficult for potential buyers to gauge the scope of renovation needed.
LETS MAKE A DEAL WONDERFUL INVESTMENT FOR THE TRUE ENTREPRENUER CLEAN SLATE INVESTMENT NOW
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 0.0 | 50% |
| Baths | 0.0 | 0.0 | 50% |
| Square foot | 3,584 | 2,488 | 86% |
| Lot Size | 7,448 | 4,720 | 71% |
| Price | $1.30M | $720.0K | 86% |
| Price per sq ft | $363 | $294 | 57% |
| Built year | 1990 | 1962 | 86% |
| HOA | $0 | $0 | 50% |
| Days on market | 350 | 274 | 86% |
May 7, 2025
$1,300,000
Initial Listing
May 23, 2023
$1,325,000
Public Record
May 19, 2011
$390,000
Public Record
Dec 29, 2006
$680,000
Public Record
Aug 14, 2003
$565,000
Public Record
Apr 14, 1999
$250,000
Public Record