Mixed-Use Property with
For Sale
$1,388,000
3001 MacArthur Blvd, Oakland, CA 94602
COMM RI MULTI-UNITS 5+, Oakland, CA
Property Size5,127 SF
Lot Size0.16 Acres
Price / SF$270.72
Days on Market46
Property Features for 3001 MacArthur Blvd
General Information
Property type
Residential Multi Family
Property subtype
Other
Rooms
Basement
Parking features
Parking Lot
Subdivision
DIMOND DISTRICT
Lot features
Corner Lot
Standard status
Active
APN
2893816
Size
5,127 SF
Lot size
0.16 Acres
Utilities
Sewer type
Public Sewer
Water source
Public
Building Details
Year built
1919
Building materials
Wood
Roof type
Shingle
Listing Agency:
Winkler Real Estate Group
(510) 528-2200
Listed By:
Laura Martell
(415) 948-1282
Added: Jul 22
Changed: Aug 21
Last Checked: Sep 5 at 12:06PM
MLS# 41142422
Copyright © 2026 bridgeMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This mixed-use property combines multiple residential units with a restaurant space in a 5,127-square-foot asset. The residential component includes studio, two-bedroom, and three-bedroom accommodations, along with a detached three-bedroom, one-bath house. A basement provides additional interior space, while the wood construction and shingle roof reflect the property’s existing physical improvements.
Located at 3001 MacArthur Blvd in Oakland’s Dimond District, the property is positioned among local shops, dining, and transportation options. The site measures 0.1633 acres and includes a parking lot. Public water and public sewer serve the property, supporting both its residential and commercial components.
Located at 3001 MacArthur Blvd in Oakland’s Dimond District, the property is positioned among local shops, dining, and transportation options. The site measures 0.1633 acres and includes a parking lot. Public water and public sewer serve the property, supporting both its residential and commercial components.
Key Highlights
- 5,127‑square‑foot mixed‑use property with residential units and restaurant space
- 0.1633‑acre site at 3001 MacArthur Blvd, Oakland
- Residential mix includes studios, two‑bedroom units, and three‑bedroom units
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$108,257
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
7.80%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$2,165,140
$2.2M
Cap Rate 7%
$1,546,529
$1.5M
Cap Rate 9%
$1,202,856
$1.2M
Market Conditions
NOI Build-Up for 5,127 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$206.1K $40.20/SF
− Vacancy
−$9.3K −$1.81/SF
EGI
$196.8K $38.39/SF
− OpEx
−$88.6K −$17.28/SF
NOI
$108.3K $21.12/SF
Area
Oakland, CA
Vacancy
4.50%
Lease Rate
$40.20 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$2,165,140
Cap Rate 7%
$1,546,529
Cap Rate 9%
$1,202,856
Alternative Uses
Best Use
Apartment 5plus
$1.55M
$1.35M – $1.80M
NOI $108,257 @ 7.0% cap · market cap 7.80%
Second Best
Mixed Use
$1.11M
$972.9K – $1.30M
NOI $77,828 @ 7.0% cap · market cap 5.61%
Theoretical Best
Multifamily LT 5
$1.68M
$1.47M – $1.96M
NOI $117,499 @ 7.0% cap · market cap 8.47%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
7
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
826
Businesses Nearby
Explore this area
Business Placement
Demographics for 94602, CA
29,702
Population
13,072
Households
2.3
Avg Household Size
42
Median Age
58%
College-Educated
89%
High-School Grad
3.6 sq mi
ZIP Area
8,251
Density / Sq Mi
$124,744
Median Household Income
$65,401
Median Earnings
$1,924
Median Rent
$1,111,800
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Residential units accompany a restaurant component in a wood property with on-site parking.
Where is this mixed-use property located?
The property is located at 3001 MacArthur Blvd Oakland, CA.
What is the asking price?
The asking price for this property is $1,388,000.
What are key features of this property?
This property features: 5,127‑square‑foot mixed‑use property with residential units and restaurant space; 0.1633‑acre site at 3001 MacArthur Blvd, Oakland; Residential mix includes studios, two‑bedroom units, and three‑bedroom units
