Mixed-Use Property with
For Sale
$1,458,888
3001 MacArthur Blvd, Oakland, CA 94602
Established Oakland property combining residential accommodations with an on-site restaurant component.
Property Size5,127 SF
Days on Market41
Property Features for 3001 MacArthur Blvd
General Information
Standard status
Active
Size
5,127 SF
Property subtype
5 or More Units
Units
Unit Mix
3 x studio, 2 x 2BR/1BA, 1 x 3BR/1BA, 1 x 3BR/1BA detached house
Multifamily Units
7
Additional Details
Gross Income
$115,000
Building Details
Building Size
5,127 SF
Year Built
1919
Listing Agency:
Winkler Real Estate Group
(415) 948-1282
Listed By:
Laura Martell
(415) 948-1282
Source:
Annnewtoncane
Added: Jul 22
Changed: Aug 29
Last Checked: Aug 30 at 10:41PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Winkler Real Estate Group
Investment Insights
Based on property information with market context.
Built in 1919, this mixed-use property at 3001 MacArthur Blvd combines residential accommodations with a restaurant space. The asset includes multiple residential unit types, including studios and larger apartments, along with a detached house that broadens the residential configuration.
The property is located in Oakland’s Dimond District along MacArthur Boulevard, a high-traffic corridor surrounded by established local businesses. Its setting provides access to shops, dining, and transportation within the surrounding area. The combination of residential and restaurant uses creates a varied physical layout within a single property.
The property is located in Oakland’s Dimond District along MacArthur Boulevard, a high-traffic corridor surrounded by established local businesses. Its setting provides access to shops, dining, and transportation within the surrounding area. The combination of residential and restaurant uses creates a varied physical layout within a single property.
Key Highlights
- Mixed‑use property with residential accommodations and restaurant space
- Built in 1919
- Includes studio apartments and larger residential 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
$113,973
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
7.81%
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%
$2,279,460
$2.3M
Cap Rate 7%
$1,628,186
$1.6M
Cap Rate 9%
$1,266,367
$1.3M
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
$160.0K $31.20/SF
− Vacancy
−$8.0K −$1.56/SF
EGI
$152.0K $29.64/SF
− OpEx
−$38.0K −$7.41/SF
NOI
$114.0K $22.23/SF
Area
Oakland, CA
Vacancy
5.00%
Lease Rate
$31.20 /SF/Yr
Expense Ratio
25.00%
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%
$2,279,460
Cap Rate 7%
$1,628,186
Cap Rate 9%
$1,266,367
Alternative Uses
Best Use
Specialty Retail
$1.63M
$1.42M – $1.90M
NOI $113,973 @ 7.0% cap · market cap 7.81%
Second Best
Apartment 5plus
$1.55M
$1.35M – $1.80M
NOI $108,257 @ 7.0% cap · market cap 7.42%
Theoretical Best
Multifamily LT 5
$1.68M
$1.47M – $1.96M
NOI $117,499 @ 7.0% cap · market cap 8.05%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
7
Residential units
Location Intelligence
Trade Area within ½ mile
937
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 - Established Oakland property combining residential accommodations with an on-site restaurant component.
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 $1,458,888.
What are key features of this property?
This property features: Mixed‑use property with residential accommodations and restaurant space; Built in 1919; Includes studio apartments and larger residential units
