Property profile

5229 Macarthur Blvd Oakland, CA 94619

FOR SALE
Residential land & home lots
Property ID
US09-8279977
5,310 SF
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Property summary

AI-generated overview

Rare Oakland infill development opportunity directly across from Mills College at Northeastern University in the highly desirable Millsmont neighborhood. This property offers a compelling opportunity for investors, builders, LLCs, and developers seeking to create a long-term income-producing asset in one of the Bay Area’s supply-constrained housing markets. With potential for a duplex or custom residential development (buyer to verify), the property is strategically positioned near a built-in rental demand driver: • University faculty and staff • Graduate students, • Third and fourth year students approved for off-campus living, • East Bay commuters seeking convenient freeway access. The location offers: • Immediate proximity to campus • Quick access to I-580 and regional transportation • Close proximity to BART and AC Transit • Minutes to downtown Oakland, Berkeley, and San Francisco access points • Nearby parks, hiking trails, recreation, shopping, and dining Build-to-rent opportunities for developable land in established Oakland neighborhoods are becoming increasingly rare. For investors focused on long-term appreciation, rental income, and strategic location fundamentals, this property checks all the boxes.

Property profile

Verified
Property type Residential land & home lots
Total area 5,310 SF
UPID US09-8279977

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

5229 Macarthur Blvd Oakland, CA 94619
Oakland metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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