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9809 MACARTHUR BLVD OAKLAND CA 94605
OAKLAND, CA 94605
Asking Price
$499K
Asset Type
Commercial Land
Class
Class B
What's Special
75K price improvement - Prime Two Parcel Development Opportunity <p>75K price improvement</p><p>The previously entitled project covers a 10,014 sq ft (per county records) flat lot</p><p>across two parcels (046-5490-003 and 046-5490-004), with plans for a 37,360 sq</p><p>ft building offering 18,020 sq ft of residential rental space, 7,500 sq ft of supportive</p><p>space, 11,825 sq ft of common area space, and 23 street-level parking spaces.</p><p></p><p>*Buyer to verify with the City of Oakland's planning portal that the entitlement is still active and hasn't
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NOI
$80,000
Cap Rate
16.03%
DSCR
2.70
Strong
Cash-on-Cash
33.65%
Monthly Payment
$2,468.78
Annual Cash Flow
$50,374.643
