3731 Macarthur BlvdOakland, CA 94619

Property Details for 3731 Macarthur Blvd

Year built

1932

Construction

WOOD

Lot size

0.08 AC

Property size (Sq ft)

3,500 SF

Property type

Retail properties

Property subtype

Retail space

APN

30-1980-136

APU

301980136

Description

This exceptional 3,500 square foot freestanding retail storefront at 3731 MacArthur Boulevard in Oakland, California, presents a unique investment opportunity. Located in the coveted Inner Laurel neighborhood, this property boasts recent substantial renovations, including a brand new roof and upgraded electrical systems. The building features attractive exposed ceiling joists and abundant natural light provided by strategically placed skylights. A full HVAC system ensures year-round comfort, and the property includes two restrooms and a robust 200 AMP electrical service. The convenient location offers excellent access to major freeways and AC Transit, ensuring high visibility and accessibility for businesses. The property sits on a 3,500 square foot lot, and is currently vacant, providing immediate occupancy for a new tenant. The asking price is $995,000, translating to $300 per square foot. This property is ideal for a variety of retail uses and represents a compelling opportunity for investors seeking a well-maintained, high-traffic location in a thriving Oakland neighborhood. The Alameda County Assessor's Parcel Number (APN) is 030-1980-136. The property is zoned for retail use.

• CAP approach

  CAP return

  Valuation

  6%

  $2,376,280

  6.5%

  $2,193,489

  7%

  $2,036,811

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,913,188

  Geo Method

  $2,459,986

• Alternative Use

  Use

  Valuation

  Residential

  $1,850,290

  Hospitality

  $1,694,856

  Educational

  $1,410,100

  Medical

  $1,458,596

  Retail

  $2,193,489

Location Insight

City

Oakland

County

Alameda

State

California

Latitude

37.7916

Longitude

-122.199

CBSA code

41860

CBSA name

SAN FRANCISCO-OAKLAND-FREMONT, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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