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Listed by Mike Hreha • Keller Williams Realty
$250,000
Est. payment /mo
5,310 SqFt
New
5229 Macarthur Blvd Oakland, CA 94619
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Key Details
Property Type Vacant Land
Sub Type Unimproved Land
Listing Status Active
Purchase Type For Sale
Square Footage 5,310 sqft
Price per Sqft $47
Subdivision Melrose
MLS Listing ID 41135214
HOA Y/N No
Lot Size 5,310 Sqft
Property Sub-Type Unimproved Land
Source CONTRA COSTA
Property Description
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.
Location
State CA
County Alameda
Interior
Fireplace No
Building
Lot Description Sloped Up
Water Public
Others
Special Listing Condition Standard
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NEARBY SCHOOL & BUSINESS
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