7415 Macarthur BlvdOakland, CA 94605

Property Details for 7415 Macarthur Blvd

Year built

1935

Construction

WOOD

Lot size

0.08 AC

Property size (Sq ft)

3,578 SF

Property type

Mixed-use properties

Property subtype

Other investment properties

APN

40-3399-3

APU

4033993

Description

This exceptional 3,578 square foot storefront, located at 7415 MacArthur Boulevard in Oakland, California, presents a compelling investment opportunity. Built in 1935, the property boasts timeless architectural charm and a prime location in the vibrant East Bay. Its strategic placement ensures strong visibility, making it an ideal setting for a variety of retail businesses to thrive and captivate customers. The building's versatile space offers significant potential for retail success. This iconic property, with its rich heritage, is perfectly positioned for retail excellence in the Oakland market. The Alameda County Assessor's Parcel Number (APN) is 040-3399-003-00. The asking price is $399,000. Note that this property is being marketed alongside 7421 and 7431 MacArthur Boulevard, offering potential for larger-scale development. The area is experiencing significant growth, with notable projects underway at nearby Liberation Park, reflecting Oakland's increasing demand for housing and commercial development. This presents a unique opportunity to acquire a piece of Oakland's history while capitalizing on the city's dynamic future. The property's zip code is 94605.

• CAP approach

  CAP return

  Valuation

  6%

  $1,652,542

  6.5%

  $1,525,424

  7%

  $1,416,465

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,181,790

  Geo Method

  $997,940

• Alternative Use

  Use

  Valuation

  Residential

  $1,891,525

  Hospitality

  $1,732,627

  Educational

  $1,441,525

  Medical

  $1,491,102

  Retail

  $2,242,373

Location Insight

City

Oakland

County

Alameda

State

California

Latitude

37.7683

Longitude

-122.171

CBSA code

41860

CBSA name

SAN FRANCISCO-OAKLAND-FREMONT, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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