7200 Macarthur Blvd, Oakland, California 94605, Oakland, - bed, bath
ACTIVE$1,300,000
7200 Macarthur Blvd, Oakland, California 94605
0Bed
0Bath
Sqft
7,448Lot
Year Built
1990
Close
-
List price
$1.3M
Original List price
$1.3M
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
41096182
Home ConditionFair
Features
View-
About this home
LETS MAKE A DEAL WONDERFUL INVESTMENT FOR THE TRUE ENTREPRENUER CLEAN SLATE INVESTMENT NOW
Price History
Date
Event
Price
05/07/25
Listing
$1,300,000
Neighborhood Comparison
| Subject | Average Home | Neighbourhood Ranking (13 Listings) | |
|---|---|---|---|
| Beds | 0 | 0 | |
| Baths | 0 | 0 | |
| Square foot | 0 | 0 | |
| Lot Size | 7,448 | 5,298 | 79% |
| Price | $1.3M | $829K | 86% |
| Price per square foot | $0 | $0 | |
| Built year | 1990 | 9745978 | 100% |
| HOA | |||
| Days on market | 182 | 144 | 50% |
Condition Rating
Fair
The property was built in 1990, making it 34 years old. While the exterior appears to have been recently painted, other elements like the fence and exterior staircase show signs of wear, and the surrounding grounds are unkempt. Crucially, there are no interior images provided, making it impossible to assess the condition of the kitchen, bathrooms, flooring, appliances, or systems. The listing description 'CLEAN SLATE INVESTMENT NOW' strongly implies that the interior is either very dated, basic, or requires significant renovation to meet current standards. Given its age and the suggestive description, the property is likely functional but requires substantial modernization and repairs, particularly for the interior spaces, aligning with a 'Fair' condition.
Pros & Cons
Pros
Income-Generating Property: As a Quadruplex, this property is designed for residential income, offering multiple units for rental revenue and diversification for an investor.
Investment Opportunity: The listing explicitly positions this as a 'WONDERFUL INVESTMENT FOR THE TRUE ENTREPRENEUR' and a 'CLEAN SLATE INVESTMENT NOW', highlighting its potential for value creation.
Desirable Location: Located in Oakland, California, the property benefits from a strong Bay Area rental market and potential for long-term appreciation.
Substantial Lot Size: With a lot size of 7448 sq ft, there may be potential for expansion, additional amenities, or improved outdoor spaces, adding value in an urban setting.
Relatively Newer Construction: Built in 1990, the property is newer than many multi-family buildings in established cities, potentially reducing immediate concerns about outdated systems or major structural issues.
Cons
Lack of Detailed Information: The property description is extremely vague, providing no specifics on unit configurations, current rental income, occupancy rates, or the physical condition of the units, which are crucial for investor due diligence.
Implied Renovation/Management Needs: The phrase 'CLEAN SLATE INVESTMENT NOW' suggests that the property may require significant capital expenditure for renovations, upgrades, or a complete management setup, which could be a substantial undertaking for a buyer.
Unusual On-Market Date: The listed 'on_market_date' of 2025-05-07 is in the future for an active listing, which is an anomaly that could cause confusion or indicate a data error, potentially impacting buyer perception.