2240 MacArthur Blvd

$2,750,000
Price
Beds
Baths
14,300 Sq. Ft.
$192 / Sq. Ft.
14,300
Sq. Ft.
$192
per Sq. Ft.

Description

This 18 unit multi-residential building plus 1 commercial storefront was built in 1927 and is located above the 580 Freeway in the bristling Dimond District neighborhood known for its wonderful restaurants, stores, local banks and access to public transportation. Well known Farmer Joe’s Marketplace on Fruitvale Avenue offers fresh produce and has a quality meat market. Nearby are Safeway Market, CVS, and several highly rated cafes. Local residents conveniently have nearly everything within living...This 18 unit multi-residential building plus 1 commercial storefront was built in 1927 and is located above the 580 Freeway in the bristling Dimond District neighborhood known for its wonderful restaurants, stores, local banks and access to public transportation. Well known Farmer Joe’s Marketplace on Fruitvale Avenue offers fresh produce and has a quality meat market. Nearby are Safeway Market, CVS, and several highly rated cafes. Local residents conveniently have nearly everything within living distance. There’s also carpooling at Fruitvale and Montana Street. Local Dimond Park on Fruitvale offers tennis courts, a pool, and a playground area for children. The property has been under long-term current ownership and has been maintained under professional property management for many years. Over the last 9 years several improvements have been completed. These improvements include exterior painting, seismic retrofitting, newer roof, newer water heater tank, and newer fire alarm system. Many of the apartments have been renovated including updated kitchens and baths. The heat to the building is provided through energy efficient boiler located in the basement. There are separate electric meters which are tenant expenses. There is one master water meter which is an owner expense.
  1. Listed by Frank Hennefer • DRE #00852682 • Frank T. Hennefer, Broker
  2. Listed by Holda Novelo • DRE #00781045 • LANDMARK REAL ESTATE MANAGEMENT

Property Details for 2240 MacArthur Boulevard

City
OAKLAND
Dist Neighborhood Subdiv
DIMOND DISTRICT
Building Type
5 or More Units
Property Sub Type
5 or More Units
Garage/Parking
No Parking
Total # Parking Spaces
0
LISTING UPDATED: 10/17/2025 01:22 AM

Property Details for 2240 MacArthur Boulevard

StatusActive
MLS #41105250
Days on Compass150
Taxes$20,327 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS Type5+ Units / Five or More Units
Year Built1927
Lot Size0.13 AC / 5,700 SF
CountyAlameda County

Location

Listing Courtesy of Frank T. Hennefer, Broker, Frank Hennefer, DRE #00852682; LANDMARK REAL ESTATE MANAGEMENT, Holda Novelo, DRE #00781045
Add your commute

Building Information for 2240 MacArthur Boulevard

Stories-Residences18Year Built1927Building Size-Lot Size0.13 AC / 5,700 SF

Payment Calculator

$15,283 per month

30 year fixed, 6.28% Interest

Principal and Interest

$13,589

Property Taxes

$1,694

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 2240 MacArthur Boulevard

Features
Feature Details
  • Flooring: Vinyl, Carpet, Wood
  • Laundry: Coin Operated, Common Area, Laundry Equip - Leased
Room Details
  • Additional Rooms: Basement - Storage Area, Basement - Partial
Utility Details
  • Cooling: None
  • Heating: Gas, Steam
  • Water/Sewer: PublicSewer, Public
Lot / Property Details
Home Owners Association
  • HOA Amenities: None
Property Details
  • Additional Equipment: Gas Water Heater, Carbon Mon Detector, Double Strapped Water Htr, Smoke Detector(s), Individual Electric Meter, Master Gas Meter
  • City Transfer Tax: Yes
  • Exterior: Stucco
  • Lot Description: Corner Lot, Level
  • Lot Sq Ft Apx: 5700
  • Lot Size Square Feet: 5700.0
  • Roof: Rolled Composition, Flat
  • Sq Ft Apx: 14300
  • Year Built: 1927
Location Details
  • Directions to Property: Corner of MacArthur Bl & May Ct
  • FIPS Code: 06001
  • Census Tract: 4048
  • Parcel Number: 29A-1304-24
  • Printed Neighborhood Rpt: Yes
  • Board ID: Bridge AOR
Multi Family Information
General Details
  • Units Total: 18
  • Basement: Partial, Separate Entry, Storage Area
  • Separate Meters: Electric
  • Tenant Pays: Electric
  • Financial Data Source: Property Manager
Income / Expense Details
  • Operating Expenses: Electric, Gas, Insurance, Janitorial, Maintenance/Repair, Management, Property Tax/Assessments, Trash Removal, Utilities, Water, Other
Multi Family 5+ Information
Unit 1
  • Unit 1 # Units This Type?: 12
  • Unit # 1 # of Bedrooms: 1
  • Unit # 1 # of Bathrooms: 1
Unit 2
  • Unit 2 # Units This Type?: 6
  • Unit # 2 # of Bedrooms: 0
  • Unit # 2 # of Bathrooms: 1
Building Details
  • Additional Features-Misc: None
  • Apx Lot Acres: 0
  • On Site Parking Description: No Parking on Site
  • Tot Ann Oper Exp: 99772.0
Income / Expense Details
  • Annual Insurance Expense: $23,619
  • Annual License Expense: $4,776
  • Annual Taxes: $20,327
  • Annual Util Expense: $27,658
  • Gross Income: $286,984
  • Gross Rent Multiplier: 11.2
  • Net Operating Income: $187,212
  • Other Annual Expense: $23,392
Other Financial Information
  • Cap Rate: 6.8
  • Existing Loan: None
  • Ocpnt Req 24 Hr: Yes
Additional Information
Additional Information
  • Fireplace: No

Property History for 2240 MacArthur Boulevard

DateEvent & SourcePriceAppreciation
Oct 10, 2025

Price Change

MLSListings #EB41105250

$2,750,000
Oct 10, 2025

Price Change

EBRD #41105250

$2,750,000
Jul 17, 2025

Listed (Active)

MLSListings #EB41105250

$3,000,000
Jul 17, 2025

Listed (Active)

EBRD #41105250

$3,000,000
DateEvent & SourcePrice
10/10/2025

Price Change

MLSListings #EB41105250

$2,750,000
10/10/2025

Price Change

EBRD #41105250

$2,750,000
07/17/2025

Listed (Active)

MLSListings #EB41105250

$3,000,000
07/17/2025

Listed (Active)

EBRD #41105250

$3,000,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 2240 MacArthur Boulevard

Taxable ValueLand$344,243Additions$138,621Total$482,864
Tax Record2025$21,654 ($1,805 / month)
Home Facts
Total Finished SqFt14,300 SqFtAbove Grade Finished SqFt14,300 SqFtStories3Lot Size5,600 SqFtStyleMulti-Family Res (5+ Units)Year Built1927CountyALAMEDAAPN29A-1304-24

Schools near 2240 MacArthur Boulevard

This home is within Oakland Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 9
Public - 9 to 12
Charter - 9 to 12
Rating
School
Distance
Sequoia Elementary School
PublicK to 5

Bret Harte Middle School
Public6 to 9

Skyline High School
Public9 to 12

Oakland Charter High School
Charter9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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2240 MacArthur Boulevard is a multi-family home for sale in Oakland, CA 94602. This property was listed for sale on July 17, 2025 by Frank T. Hennefer, Broker, it's currently listed at $2,750,000. This listing's school district is Oakland Unified School District. Nearby schools include Sequoia Elementary School, Bret Harte Middle School and Skyline High School. 2240 MacArthur Boulevard is a 0-bed, 0-bath, 14,300 sqft multi-family home built in 1927.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Frank T. Hennefer, Broker, Frank Hennefer, DRE #00852682; LANDMARK REAL ESTATE MANAGEMENT, Holda Novelo, DRE #00781045

Based on information from one of the following Multiple Listing Services: San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.