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    3932 Macarthur Blvd, Unit OAKLAND Oakland, CA 94619

    For Sale
    $640,000

    Landmark building in Oakland's Laurel District with reliable income.

    Property size:
    1,700 SF

    Property Features for 3932 Macarthur Blvd

    General Information

    Standard status
    Active
    Size
    1,700 SF

    Building Details

    Year built
    1948

    Source: CERDA-ZEIN REAL ESTATE Agent GREGG MCGLINN

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Oakland Landmark Building For Sale

    Constructed in 1948, this property is situated in Oakland's Laurel District, a neighborhood known for its diverse restaurant scene, unique shops, and convenient access to major freeways and public transportation. The 1,700 square-foot building is best known as the home of the Laurel Lounge, which provides a reliable income stream and has a lease through June 30, 2027. This central location offers an opportunity to own a piece of the city's soul. The property is suitable for retail or culinary ventures, or for investors seeking a property with a story.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Laurel Lounge Lounge

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Lounge 3411, Laurel Lounge, The Food Mill Cookie Bars

    Location Insight

    • Map
    • Local Demand
    City
    Oakland
    County
    Alameda
    State
    California
    Longitude
    -122.197716
    Latitude
    37.790963

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    FAQs

    What type of property is this?
    Bar - Landmark building in Oakland's Laurel District with reliable income.
    Where is this bar located?
    The property is located at 3932 Macarthur Blvd, Unit OAKLAND Oakland, CA.
    What is the asking price?
    The asking price for this property is $640,000.
    What are key features of this property?
    This property features: - Established income stream from existing tenant (Laurel Lounge) with lease through June 30, 2027.; - Prime location in the heart of Oakland's vibrant Laurel District.; - Landmark building with local historical significance.
    (510) 522-8074
    Request Owner's contact information
    3932 Macarthur Blvd, Unit OAKLAND Oakland, CA 94619
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    3932 Macarthur Blvd, Unit OAKLAND Oakland, CA 94619
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